IPOs in Middle East Gain Momentum

The transcript discusses the current state of market liquidity and IPO activity, highlighting the increased appetite for IPOs in Abu Dhabi and Saudi Arabia. It examines the maturity of the Abu Dhabi market and speculates on potential mergers with Dubai. The discussion also covers the impact of market makers and government support on trading volumes. The transcript further explores the dynamics of Saudi IPOs, including the anticipated Tadawul IPO, and considers the implications of inflation on the GCC markets, predicting potential interest rate hikes by 2022.

What role do you think oil prices play in the current market momentum?

How do you interpret the statement about the transient nature of inflation?

What are the potential effects of inflation on the markets in Saudi Arabia and the UAE?