Emirates NBD's Haque Sees Fed Rates Up 50 Basis Points

The video discusses the unexpected weakness of the dollar despite the Fed's tightening cycle, analyzing its impact on global markets and the Gulf region. It highlights the challenges faced by Gulf economies due to the dollar's strength, particularly in non-oil sectors. The video also covers fiscal adjustments in the Gulf, driven by a sharp drop in oil prices, and the need for diversification and increased non-oil revenues.

What factors are contributing to the current assessment of dollar weakness?

How does a stable dollar impact economies in the Gulf region?

In what ways are businesses in the Gulf region adapting to the strong dollar?

What adjustments have Gulf governments made in response to the drop in oil prices?

What role do non-oil revenues play in the fiscal adjustments of Gulf countries?