Saudi October PMI at Record Low

The video discusses economic trends in the UAE and Saudi Arabia, highlighting a slowdown in growth due to global pressures and low oil prices. It examines the impact of Brexit on UAE tourism and the challenges faced by fiscal policies. The video also covers the influence of global political events, such as the US election and OPEC meetings, on market stability. Finally, it addresses currency stability and the role of Saudi Arabia in the oil market.

What measures are being taken to address the weakness in oil prices and their effects on budgets?

How might the OPEC meeting influence oil prices and the economic situation in the region?

What are the expected trends for oil prices in the coming year according to the discussion?