Saudi Arabia Experiencing Very Optimistic Period, Says Al Rajhi's Al Sudairi

The video discusses the market's reaction to comments from the Crown Prince, highlighting a 1.5% decline. It explains how the rise in US interest rates has affected global markets, including Saudi Arabia. Despite global challenges, Saudi Arabia is experiencing economic optimism due to increased government spending and higher oil prices. The expected government revenue is higher than previously announced, leading to a narrower deficit. Overall, these factors contribute to a positive market sentiment.

What was the market's reaction to the Crown Prince's comments?

• No change

• A 3% decline

• A 1.5% decline

• A 1.5% increase

How did the rise in U.S. interest rates affect global markets?

• Increased equity size

• Decreased equity size

• No impact

• Increased stock market value

What is the expected increase in Saudi Arabia's government spending next year?

• 7.5%

• 15%

• 5.7%

• 10%

What oil price was the government revenue announcement based on?

• $75

• $70

• $65

• $60

How has the average oil price since September affected market sentiment?

• Uncertain impact

• Increased sentiment

• No change

• Decreased sentiment