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Jordan Intercepts 5 Iranian Missiles as Iran War Escalates | Horizons Middle East & Africa 7/30/2026
Global markets focus on renewed US strikes against Iran as Washington continues enforcing its blockade and tensions around the Strait of Hormuz remain elevated. The US struck a location in Iran's Azerbaijan province, while Qatar sent its first LNG tanker through Hormuz in three weeks. Jordan also intercepted five Iranian missiles, with no casualties reported.
In markets, Asian technology stocks gained as earnings lifted sentiment, while South Korea tightened restrictions on leveraged ETFs. The Federal Reserve held interest rates steady, with three officials dissenting, as bond markets signal caution over inflation and Fed Chair Kevin Warsh says there is no soft inflation target.
Technology earnings remain in focus. Microsoft shares jumped nearly 9% after reporting the fastest cloud growth since 2022, while Meta shares fell almost 8% after issuing a weaker third-quarter sales outlook. Samsung shares rebounded after better-than-expected second-quarter results, while rising credit risks among Hyperscalers add to concerns ahead of earnings.
We also cover major US defense contracts, Starbucks' improving sales momentum, L'Oréal's stronger haircare demand, ADNOC Drilling's higher second-quarter profit and plans to deploy 70 rigs by the end of 2026 using technology and AI, and Societe Generale's €1.5 billion share buyback.
Elsewhere, Airbus raised profit on stronger aircraft deliveries while maintaining its outlook, Anglo American is reportedly considering a $1 billion sale of De Beers, and the Bank of England is expected to keep rates at 3.75% as policymakers assess the impact of oil prices.
Guests includes Rachana Mehta, Maybank Asset Management Regional Fixed Income Head; Abdulla Ateya Al Messabi, ADNOC Drilling CEO; Satya Nadella, Microsoft Chairman & CEO; Mark Zuckerberg, Meta Chairman & CEO; Josh Gilbert, ETORO Lead Analyst AIPAC & Middle East; and Thomas Toepfer, Airbus CFO.
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
Chapters:
00:00:00 - Introduction
00:05:00 - US Launches New Wave of Strike Against Iran
00:09:23 - Rachana Mehta, Maybank Asset Managment Regional Fixed Income Head
00:17:33 - Abdulla Ateya Al Messabi, ADNOC Drilling CEO
00:28:10 - Satya Nadella, Microsoft Chairman & CEO
00:28:50 - Mark Zuckerberg, Meta Chairman & CEO
00:29:22 - Josh Gilbert, ETORO Lead Analyst Apac & Middle East
00:35:01 - Thomas Toepfer, Airbus CFO
00:39:04 - Anglo Said to Be in Talks to Sell De Beers
00:42:50 - Bank of England to Keep Rates on Hold at 3.75%
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Published Jul 30, 2026
