Saudi Banks Favored, Amwal's Samhouri Says

The video discusses asset allocation and market performance in the Middle East, highlighting the cautious investment strategy due to high valuations and expected profit-taking. It analyzes the petrochemical and banking sectors, noting caution in petrochemicals due to oil price expectations, while expressing optimism for Saudi banks. The consumer sector is also examined, with moderate growth expectations.

What are the expectations for profit taking by the end of the year?

Which sectors does the speaker express a preference for and why?