What You Need to Know About the Middle East, Dec. 20

The video discusses key Middle East financial developments, including Qatari banks' merger talks due to falling oil prices, and the merger of the National Bank of Abu Dhabi with 1st Gulf Bank. It also covers Saudi Arabia's potential Aramco IPO in New York amidst new US laws, and the country's plans to invest in renewable energy as part of its Vision 2030 economic plan.

Which three Qatari banks are in talks for a merger?

• Masraf Al Rayan, Barwa Bank, and International Bank of Qatar

• International Bank of Qatar, Barwa Bank, and 1st Gulf Bank

• National Bank of Abu Dhabi, 1st Gulf Bank, and Barwa Bank

• Masraf Al Rayan, National Bank of Abu Dhabi, and 1st Gulf Bank

What is the reason behind the consolidation of Gulf lenders?

• Increase in oil prices

• Expansion into new markets

• Drop in oil prices

• New banking regulations

What is a potential location for the Saudi Aramco IPO?

• New York

• Tokyo

• London

• Dubai

What is Saudi Arabia planning to add in 2018 as part of its renewable energy investments?

• 1000 megawatts of hydroelectric power

• 500 megawatts of nuclear power

• 700 megawatts of wind and solar power

• 200 megawatts of geothermal power

Under which economic plan does Saudi Arabia aim to become a major producer of solar energy?

• Vision 2050

• Vision 2040

• Vision 2030

• Vision 2020