What to Expect From the Saudi Arabian Budget

The video discusses a potential shift in Saudi Arabia's economic policy from austerity to fiscal expansion, driven by stabilized oil prices. It highlights the importance of public sector wages and infrastructure investment as key areas to watch. The discussion also covers investment strategies in the Gulf region, emphasizing a bottom-up approach and cautious optimism towards Saudi consumer companies. The overall outlook for the GCC and MENA regions is positive, with a focus on banks and insurance companies due to rising interest rates.

What is the main reason for Saudi Arabia's potential shift from austerity to increased fiscal spending?

• Increase in public sector wages

• Decrease in government expenses

• Stabilization of oil prices

• High oil prices

Which sector is more than 50% of Saudi Arabia's budget focused on?

• Infrastructure

• Transport

• Healthcare

• Public sector wages

What might be a potential area for increased investment in Saudi Arabia?

• Infrastructure and transport

• Tourism

• Education

• Technology

Why are investors cautious about Saudi consumer companies?

• Impact of previous economic policies

• High oil prices

• Lack of government support

• Rising interest rates

Which sector is favored by investors due to rising interest rates?

• Consumer goods

• Real estate

• Insurance companies

• Technology firms