Arqaam's Rizk: GCC Has Outperformed Rest of EM

The video discusses the economic recovery in Saudi Arabia, focusing on non-oil output reaching pre-COVID levels and the impact of asset monetization and FDI. It also covers market issuances, the oil market's influence on Oman's fiscal position, and the dynamics of the sukuk market. Additionally, it examines Turkey's economic outlook in light of geopolitical events and inflation trends.

What was the growth rate of non-oil economic activity in Saudi Arabia on a year-on-year basis?

• 4.9%

• 2.9%

• 5.2%

• 3.5%

What is the main agenda for Saudi Arabia in terms of foreign investment?

• Agriculture

• FDI

• Technology

• Tourism

What is the expected trend for the oil market according to the Iraqis?

• $70 to $75

• $65 to $70

• $60 to $65

• $50 to $55

What has been a significant factor in the scarcity of high-yield sukuk issuances?

• Sharia law interpretation

• High interest rates

• Lack of demand

• Economic downturn

What is the potential impact of a positive breakthrough in the talks between Biden and Erdogan?

• Increase in inflation

• Widening of bond spreads

• Decrease in foreign investment

• Strengthening of the Turkish lira

What is the expected action of the Turkish central bank regarding interest rates in June?

• Keep rates unchanged

• Abolish rates

• Decrease rates

• Increase rates

What could be the consequence if the geopolitical status quo is maintained for Turkey?

• Decrease in bond yields

• Increase in foreign investment

• Focus on inflation

• Strengthening of the lira