With Gulf economies poised for growth on the back of strong macroeconomic policies, regional stock markets are also set for growth.
The two most liquid GCC markets - Dubai and Saudi Arabia - are both up well over 20% since the start of the year, with the Egyptian market also rising an astonishing 33%.
Opportunities abound in the MENA equity universe, but BAML is sticking with the slightly more obvious Saudi markets, is market weight in the UAE and Qatar and underweight in Egypt.
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