Exotix Capital's Malik Doesn't See Much Job Creation in U.A.E.

The video discusses the Saudi and UAE markets, highlighting key performance areas and challenges. In Saudi Arabia, the banking sector shows potential due to US interest rate rises, while consumer services face a downturn. The material sector's underperformance is noted as an anomaly. In the UAE, despite modest growth in trade and tourism, job creation remains a challenge, affecting real estate development. The video suggests investment opportunities in both regions, with a focus on banking in Saudi Arabia and key names in the UAE.

What is the significance of oil prices in relation to the material sector's performance in Saudi Arabia?

What factors are affecting the growth of Dubai's real estate development sector?