Very Strong Overweight Position on UAE Banks: Arqaam Capital – Bloomberg:
Jaap Meijer, head of equities research at Arqaam Capital, talks about Saudi Basic Industries Corp.’s results, the prospects for the region's stock markets and corporate earnings. Sabic's second-quarter profit plunged to the lowest level since 2009 as demand for chemicals and plastics declined. Meijer speaks with Tracy Alloway and Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East." (Source: Bloomberg)
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