Citigroup's Azevedo Sees 'Very Decent' Economic Growth in MENA

The video discusses the economic outlook for 2019 and 2020, highlighting expected growth rates and potential challenges, particularly related to oil prices. It explores the impact of oil prices on economic diversification in the region and the role of Saudi Arabia in the IPO market. Despite concerns like the Khashoggi affair, investors remain pragmatic, focusing on opportunities in Saudi Arabia's diverse sectors. The video emphasizes the importance of long-term perspectives in evaluating Saudi Arabia's economic progress.

What is the expected average growth rate for the region in 2019 and 2020?

• 4.5%

• 3.5%

• 2.5%

• 1.5%

What is considered a significant threat to the economic outlook discussed in the video?

• Increased taxation

• Oil prices falling below $55

• Rising unemployment

• High inflation rates

Which country is expected to lead the IPO market according to the video?

• Kuwait

• Saudi Arabia

• Qatar

• United Arab Emirates

What sectors in Saudi Arabia are expected to see significant activity besides oil?

• Chemicals, Retail, and Logistics

• Banking and Finance

• Agriculture and Mining

• Tourism and Education

How do investors generally view Saudi Arabia's efforts in diversifying its economy?

• Optimistic and supportive

• Critical and dismissive

• Skeptical and cautious

• Indifferent and neutral