Emirates NBD's Haque on Oil Prices, UAE Recovery

The video discusses the impact of geopolitical factors on oil prices, highlighting the role of OPEC and US crude production. It examines economic growth in Saudi Arabia and the UAE, driven by vaccine rollouts and tourism recovery. The video also explores trade data and cost pressures in the UAE, noting rising purchase costs and shipping challenges. Finally, it addresses concerns about the efficacy of Chinese vaccines used in the UAE, emphasizing ongoing monitoring and potential solutions.

What factors are causing uncertainty in the oil market currently?

How is the vaccination program affecting economic recovery in different regions?

What are the expected growth rates for Saudi Arabia and the UAE's non-oil sectors?

What challenges are businesses facing regarding cost pressures in the UAE?

What is the significance of the PMI surveys in understanding economic conditions?

How are global trends reflected in the economic conditions of the UAE?

What concerns are raised about the efficacy of vaccines deployed in the UAE?