What You Need to Know About the Middle East, Nov. 1

Tracey Holloway reports from Abu Dhabi on key economic stories. The Bank of Japan maintains its monetary policy despite a slight decrease in inflation forecasts. China's economy shows signs of stabilization with a rise in manufacturing PMI. Saudi Arabia replaces its long-standing Finance Minister to address economic challenges. Barclays plans to reduce its London office space due to weak demand, highlighting oversupply risks.

What was the Bank of Japan's decision regarding its monetary policy stance?

• It decided to increase interest rates.

• It introduced new asset purchase programs.

• It maintained its current monetary policy stance.

• It decreased interest rates.

What significant change occurred in China's economy according to the transcript?

• A decrease in the manufacturing PMI.

• A rise in factory gate prices for the first time since 2012.

• A reduction in the central bank's key rate.

• An increase in inflation rates.

Who was appointed as the new Finance Minister of Saudi Arabia?

• Tracy Alloway

• Mohammed Al Gedaan

• Al Gedaan

• Ibrahim Al Assaf

What action did Barclays take regarding its London office space?

• Decided to cut 25% of its office space

• Increased its office space by 25%

• Expanded its office space in Canary Wharf

• Moved its offices to a new location

According to UBS, what poses a bigger threat to rents and values than Brexit?

• Inflation

• Oversupply

• Currency fluctuations

• Interest rate hikes