'Bullish' on Saudi Banks Al Rajhi, National Commercial, Samba, Shuaa Capital Says

The transcript discusses the outlook for Saudi and UAE banks in 2019, focusing on the impact of Fed rate hikes. It highlights the expected slowdown in earnings growth for Saudi banks and the flat margins for UAE banks. The discussion also covers the potential for margin expansion and the role of consolidation in UAE banks. Additionally, it addresses the exposure of UAE banks to the real estate sector and the expected increase in default rates due to economic conditions.

Which banks in the UAE are highlighted as best placed for upside potential?

What is the expected impact of the increasing interest rate environment on default rates in the UAE?