Citi's Azevedo: Israel Conflict Has Muted Impact So Far

The video discusses the impact of geopolitical events, such as the Gaza conflict, on market sentiment and investment activities. It highlights Egypt's economic challenges and the need for long-term foreign investment. The resilience of IPOs in the Middle East, particularly in Saudi Arabia and the UAE, is examined, along with the potential effects of higher interest rates. Dubai's real estate market is analyzed, with comparisons to past crises, and the importance of market reforms in the region is emphasized.

What is the expected impact of the Gaza Strip tensions on market sentiment if the situation remains contained?

• Positive impact

• Significant negative impact

• Very muted impact

• No impact at all

What is a major economic need for Egypt to improve its situation?

• Raising interest rates

• Reducing exports

• Attracting long-term foreign investment

• Increase in tourism revenues

How often are IPOs being produced in Saudi Arabia?

• Once a year

• Every six months

• Every two to three weeks

• Every month

What is the perception of Dubai in the 21st century according to the speaker?

• A financial risk

• A declining market

• The Switzerland of the 21st century

• An isolated economy

What has created a new demand for housing in Dubai?

• Post-COVID and post-Ukrainian war situations

• Decrease in real estate prices

• Government subsidies

• Reduction in interest rates

What is a challenge mentioned for engaging international investors in IPOs?

• High interest rates

• Excess demand locally

• Limited market access

• Lack of local demand

What is a key factor for maintaining global investor engagement in the region's IPOs?

• Raising IPO prices

• Reducing the number of IPOs

• Allocating more shares to international investors

• Increasing local investor participation