Day: October 2, 2026

Israel’s prime minister says the alleged Flydubai hijacker is Omani, though neither Flydubai nor the UAE government has confirmed the pilot’s nationality. UAE prosecutors have ordered an investigation into the incident, while Benjamin Netanyahu says it is too early to determine whether Iran was involved. Flydubai has suspended flights to Tel Aviv as the incident puts cockpit security back in focus.
Tensions across the Middle East remain elevated. The US may deploy an additional aircraft carrier and 10,000 troops to the region, while more Patriot systems could be sent to protect Saudi and Qatari energy sites. The Houthis have also targeted a power facility near Madinah.
Iran’s foreign minister has privately indicated Tehran could allow inspectors to visit bombed locations if sanctions are eased.
The Treasury rebound pulls yields off multi-decade highs as the bond rout takes a breather. Fed officials discuss the rise in yields, while economists expect US jobs growth slowed in September. Hong Kong stocks fall on higher borrowing costs and policy concerns, with HSBC leading financial shares lower.
Anthropic is targeting a mega-IPO as early as mid-November, with investors estimating a potential valuation of $1.8 trillion to $2 trillion. Broadcom is also raising $60 billion to fund chips for Anthropic.
AI chip smuggling is under scrutiny as Nvidia processors continue reaching China despite US restrictions, including a Taiwan case alleging 74 Nvidia server units made it into China.
Elsewhere, Tokyo inflation accelerates, SpaceX Crew-13 docks at the International Space Station, and Disney Entertainment Co-Chair Dana Walden tells Bloomberg Screentime that consolidation remains part of the business as companies continually evaluate their structures. Guests includes Amol Shitole, Mashreq Capital Fixed Income Head and John Strickland, JLS Consulting Director.

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
00:04:54 – US May Add Carrier and 10,000 Troops to Mideast
00:11:35 – Amol Shitole, Mashreq Capital Fixed Income Head
00:19:00 – Anthropic Targets Mega-IPO as Early as Mid-November
00:27:32 – Israel PM Says Alleged Flydubai Hijacker Is Omani
00:31:53 – John Strickland, JLS Consulting Director
00:38:40 – AI Chip Smuggling Cases Expose Nvidia’s Blind Spots
——–
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Uganda’s traditional Tooro kingdom has crowned a new king. But members of the royal family dispute his right to the crown. After the death of King Oyo Nyimba Kabamba Iguru Rukidi IV, they insist the late monarch left behind a son and a will naming a different heir. DW News Africa’s Christine Mhundwa looks at how a Ugandan journalist became the new king of Tooro, and why this royal dispute is far from over.

00:00 Introduction: Royal rift in Uganda over crowning of new Tooro king
00:21 Coronation of Edward Rukidi Nyabongo I exposes divisions within royal family
01:16 Traditional kingdoms reflect pre-colonial Uganda
01:34 Why President Yoweri Museveni returned the kingdoms
02:38 Oyo Nyimba Kabamba Iguru Rukidi IV was King of Tooro for three decades
03:00 Can the new King unite the people of Tooro?
03:57 DW correspondent Julius Mugambwa reports from Kampala
06:05 Will there be more chapters in this royal succession drama?

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In an interview with “Forbes Newsroom,” Dr. Martin Farr discussed expectations for the future of the U.K. under new leadership and budget changes.

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A protest called by students organizations turned violent in the Chilean capital Santiago Thursday, with police dispersing the demonstrators with tear gas and water cannons and protesters throwing rocks and rebuffing gas canisters towards police ranks. (AP Video by Mauricio Cuevas and Alexandre Plaza)

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During a House Natural Resources Committee hearing before the House recess, Rep. Celeste Maloy (R-UT) raised concerns about Wilderness Study Areas in Utah.

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