Bloomberg Israel’s largest money managers are turning to the country’s stock market as they bet a five-month corporate bond rally is coming to an end. Equities have started to erase the steepest discount to MSCI World peers in 18 months, while the Tel-Bond 20 index is on course for its worst month since January, according to data compiled by ...

  Bloomberg Tunisia’s prime minister-designate unveiled a new cabinet that keeps holdovers from the old government in key security posts while bringing in new faces to try to revive the economy. Youssef Al-Shahed’s appointments followed more than two weeks of consultations since parliament dismissed his predecessor, Habib Essid, over the country’s weak economic performance. Shahed retained seven key ministers from ...

  Bloomberg The crash in crude prices may have nudged Kazakhstan toward its biggest wave of privatization in history, but its wealth fund is now willing to bide its time for a recovery in oil to take hold. Samruk-Kazyna, with assets worth over $64 billion, is in no hurry to kickstart the process, waiting until oil prices recover and Russia ...