Samy Chaar, Lombard Odier & Cie, Chief Economist

The video discusses the Kingdom's strategic commitment to diversify its economy, focusing on renewables like hydrogen. It highlights the Public Investment Fund's role and market dynamics, including volatility and fixed income market conditions. The budget analysis reveals a conservative approach to oil prices, allowing for future investment. The Vienna meeting is seen as a game changer for global energy security, impacting oil prices and fiscal strategies in GCC countries. The UAE faces economic challenges due to production cuts and rising interest rates, affecting growth and construction.

How does the conversation around energy security relate to the global market?

What is the significance of the recent meeting in Vienna for global energy dynamics?

What challenges does the UAE face in terms of economic growth and interest rates?