Starting to See a Turnaround in U.A.E. Property Sector, Says FFA Private Bank’s Salem

The video discusses the potential turnaround in the real estate sector, driven by increased international sales and investor interest, particularly in the UAE due to Expo 2020. It also covers the banking sector in Saudi Arabia, where profit-taking is occurring before Ramadan, and the positive outlook for UAE financials. The video highlights upcoming IPOs and MCI rebalancing as factors that may influence market activity. Additionally, it explores growth in non-oil sectors, with a focus on the cement industry in Saudi Arabia, supported by infrastructure expansion.

What is one of the main reasons for the positive outlook in the UAE's real estate sector?

• Reduction in international investments

• Decrease in property prices

• Upcoming Expo 2020

• Increased domestic sales

Why were Saudi banks a drag on the market recently?

• Decline in oil prices

• New banking regulations

• Profit-taking before Ramadan

• Increased interest rates

What is the expected impact of Ramadan on the UAE financial markets?

• Complete market shutdown

• Slight slowdown with some positive events

• Significant slowdown

• No change in activity

Which sector in Saudi Arabia has been outperforming recently?

• Technology

• Oil and gas

• Retail

• Cement

What is contributing to the increased demand in the Saudi cement sector?

• Reduction in import tariffs

• Increase in oil production

• Expansion in infrastructure projects

• Decrease in cement prices