Emirates NBD Favored, Arqaam Capital's Meijer Says

The video discusses the performance of Saudi banks, highlighting their initial success and subsequent challenges due to falling cyber rates and rate cuts. It examines the market outlook, noting high valuations and potential downsides for the Saudi index and pet Cam. The video also covers the impact of foreign ownership limits and index inclusion on GCC markets, with a focus on Emirates NBD and Dubai Islamic Bank.

What are the expected changes in the telco industry according to the text?

How might foreign ownership limits affect the GCC market trends?