MENA focus - Saudi Aramco attack, Egypt protests
GLOBAL | EQUITY STRATEGY
In this featured research, we focus on the MENA region and the aftermath of the Saudi Aramco attacks.
We argue that the Aramco attack has raised insecurity risk in an unprecedented way for Saudi and the GCC, and that beyond inflows related to EM index weight increases, the fundamental investment case is weak.
We also examine the impact of protests on consensus favourite, Egypt, where the risk for President Sisi, at this stage, looks much more significant than that for investors. Overall, we would have expected Saudi equities to react much more negatively than those in Egypt. The opposite has been the case.
To download your copy, simply fill in the form.
The content listed on this page is freely available and contains no investment recommendations. It is therefore not classified as research under MiFID II. All reasonable steps have been taken to ensure this content is accurate at the time of publication. Information provided should not be construed as investment, financial or professional advice under any circumstances. For more information, please see our Terms & Conditions.