How Is the Virus Outbreak Affecting Middle East Economies, Markets?

How Is the Virus Outbreak Affecting Middle East Economies, Markets?

00:00 We will look through your research for the last few hours and. So we still feel that overall Saudi Arabia is more well. on in terms of if you look at the consumer staples division. company specific level on imports from China.. think if you look at the overall GDP exposure in Saudi Arabia. Then the rate cut for the Saudi economy would you. But you know the central banks actions aren't enough to actually. help the economy in terms of borrowing costs.. there's a good chance of a rebound in oil prices.. We do think that there is a good chance that we see a rebound in. You may well see the market more well-balanced this year.. is obviously a risk next year where a little bit cautious. don't think the focus that we've seen over the last few years on. normal economy that's obviously a long term trend.. Saudi Arabia is a market which we've been focusing on a lot. Fahd Iqbal, head of MENA research at Credit Suisse Group AG, discusses how the coronavirus outbreak is affecting Middle East economies and markets..