Saudi Foreign Reserves Slide Again

The video discusses the Saudi government's fiscal outlook for 2018, predicting an expansionary policy with over 10% growth in expenditure. Analysts expect this to support the market, particularly in banking and petrochemicals. The video also analyzes market data, highlighting lower spending activity and its impact on capital placement. It concludes with a discussion on market trends, noting that 2018 will see similar drivers as 2017, with a focus on banking, petrochemicals, and secular themes like insurance and healthcare.

How does the government’s fiscal policy for 2018 compare to previous years?

What thematic plays should investors consider for the Saudi market going into 2018?