Why UAE Equities are Not Following Oil's Rising Price

The video discusses the current state of equity markets, focusing on sukuk issuance and debt sales in the GCC. It compares the performance of Abu Dhabi and Dubai markets, highlighting recent trends and potential concerns. The discussion also covers market volatility, influenced by international factors and interest rate concerns. Finally, it explores valuation opportunities, including Vision 2030 and the potential $2 trillion valuation of Aramco, emphasizing the need for international participation.

What is one of the main reasons for the increased activity in sukuk issuance?

• High inflation rates

• Political stability in the GCC

• Investment-grade ratings by Moody's

• Decrease in oil prices

What was a significant factor in the recent performance of Abu Dhabi and Dubai markets?

• New government policies

• Increase in oil production

• Inclusion of disallowed shares in the Morgan Stanley Index

• Rise in tourism

What could potentially lead to more selling pressure in the UAE markets?

• Increase in local news coverage

• Rebalancing of the Morgan Stanley Index

• Decrease in international trade

• Rise in local interest rates

What is a concern for local markets due to international sentiments?

• Increase in local employment

• Decrease in foreign investments

• Miss pricing of interest rates

• Rise in local currency value

What is a potential opportunity mentioned in the context of Vision 2030?

• Expanding the tourism sector

• Developing new infrastructure projects

• Buying into the $2 trillion valuation of Aramco

• Investing in renewable energy