“The global environment has been supportive of healthy equity markets – both frontier and emerging markets this year – and within that Mena markets, have actually demonstrated some of the most exceptional returns. The regional index [is] up by over 20 per cent barely halfway into the year.” 

-Bassel Khatoun, managing director of the Franklin Templeton Emerging Markets Equity group, expects a strong recovery in corporate earnings in Mena markets this year with earnings expected to grow 71% compared with 31% contraction in 2020. [The National]