Nomura's Fadlallah: Acwa Power A Model For Saudi Companies

The video discusses Aqua Power's success and valuation in Saudi Arabia, market sentiment, and IPO drivers. It highlights the role of the PIF in the Saudi economy and the challenges faced by the private sector. The impact of trade deals, particularly between the UK and GCC countries, is evaluated. Finally, the video provides insights into Dubai's economic outlook, focusing on the property market and the effects of Expo 2020.

What is the primary reason for Aqua Power's high valuation in the Saudi market?

• The company's age and experience

• The low oil prices

• Its international success and assets

• The demand for Saudi equities

What is a significant factor driving IPOs in Saudi Arabia?

• Decreasing earnings

• High liquidity in the region

• Low oil prices

• Lack of international investors

How does the Saudi stock market compare to its emerging market peers?

• It is trading at a premium

• It is trading at a discount

• It is on par with them

• It is less volatile

What is the SHARIK program designed to do?

• Encourage private sector collaboration with PIF

• Promote public sector growth

• Encourage foreign investment

• Reduce oil dependency

What is a major concern for the Saudi private sector?

• Need for restructuring and re-engineering

• Lack of government support

• Excessive foreign competition

• High oil prices

What is the significance of a UK-Saudi trade deal?

• It is less significant compared to regional trade opportunities

• It will double Saudi exports

• It will open up the Iranian market

• It will significantly boost the UK economy

What is a potential challenge for the Dubai property market?

• Decreasing foreign investments

• High construction costs

• Property glut in non-prime areas

• Lack of tourist activity