Jan 2 (Reuters) – Most major Gulf equities got off to a good 2023 start on Monday, with Egypt outperforming regional peers, as investors shrugged off concerns about a potential recession, crude oil demand and the U.S. Fed hiking rates further.
The IMF warned on Sunday about a tougher year in 2023 for the global economy with the main engines of growth – the United States, Europe and China – all experiencing weakening activity.
The new year is…