Iqbal: Remain Neutral on GCC versus EM

The video discusses the current state of IPO activity, highlighting a slowdown in the market, particularly in Dubai compared to Abu Dhabi and Saudi Arabia. It examines liquidity and valuation issues, especially in Dubai, and explores investment opportunities in sectors like healthcare and consumer goods. The video also analyzes the Egyptian market, emphasizing the importance of the IMF program and structural reforms. Additionally, it addresses geopolitical risks and their impact on the energy market and global demand.

What factors are contributing to the slowdown in IPO activity according to the text?

How do the IPO returns from Dubai compare to those from Abu Dhabi and Saudi Arabia?

What role does liquidity play in the performance of IPOs in the Dubai market?

What are the key characteristics of the Abu Dhabi IPOs that attract investor interest?

What challenges are faced by Gulf banks as mentioned in the text?

What is the significance of the IMF program for the Egyptian economy according to the discussion?

How do geopolitical risks affect oil prices as discussed in the text?