HSBC: Saudi Can and Must Be Reformed

The transcript discusses the challenges and opportunities in the Saudi market, focusing on recent reforms and the Vision 2030 program aimed at diversifying the economy. It highlights the importance of foreign investment and the potential impact of the Aramco IPO. The discussion also covers investment strategies, including direct investment in Saudi Arabia and the role of European participants. The inclusion of Saudi Arabia in the MSI and the valuation of Aramco are also explored.

How did the timing of the QFI opening affect foreign investment in Saudi Arabia?

What are the recent structural reforms mentioned that aim to relax ownership rules in the Saudi capital market?

What is the significance of the 2030 program in diversifying the Saudi economy?

Discuss the implications of the Aramco IPO on the Saudi market and foreign investments.

What potential impact does the inclusion of Saudi Arabia in the MSI have on foreign investment?