How Will the Saudi Arabian Economy Fare in 2017?

The video discusses the economic impacts of rising US interest rates on the Middle East, particularly Saudi Arabia. It highlights the challenges posed by a strong US dollar and the economic hurdles faced by Saudi Arabia in 2016, including austerity and low oil prices. The video also covers fiscal reforms and the positive impact of oil price stabilization. Additionally, it examines the reversal of the longstanding negative correlation between oil prices and the US dollar, and the implications for Gulf economies, focusing on OPEC agreements and US shale production.

What are the broader implications of rising rates in the US for Saudi Arabia?

How has the strong dollar affected tourism and the hospitality industry in the Middle East?

What measures has Saudi Arabia taken to achieve fiscal consolidation?

What is the expected trend for oil and non-oil GDP growth in Saudi Arabia for 2017?

How has the correlation between oil prices and the US dollar changed since early 2016?