“When I look at 2019, for the short-term outlook, there are two main economies I am concerned about the first is the United States and the other one is China,” Pigat believes.

He also discussed how the trade war between the two economic superpowers will impact Dubai and his opinion of the recent fiscal stimulus package rolled out by the Abu Dhabi government.

Macro in Mena: Have we turned a corner? (Part 1)

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To view the full video, entitled “Macro in MENA: Have we Turned a Corner”? click here.

Some of the topics discussed include in the full video include:

  • The employment outlook for the UAE
  • Why the drop in residential real estate prices in Dubai could be beneficial to the economy
  • The impact of Saudisation on KSA’s investment landscape
  • If pressures on fixed exchange rates in Bahrain and Oman are likely to ease in 2019

(Writing by Shane McGinley; Editing by Michael Fahy)
(michael.fahy@refinitiv.com)

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© ZAWYA 2019