Al Mal's El-Haddad: Careful Playing the Re-Opening Trade - Bloomberg video #SaudiArabia

Al Mal's El-Haddad: Careful Playing the Re-Opening Trade - Bloomberg

Sherif El-Haddad, Head of Asset Management at Al Mal Capital discusses the reason behind the spike in the Saudi Tadawul benchmark after Saudi banks reported strong estimates-beating earnings. He also gives his insights on the UAE's PMI. The index rises to 54 from 52.2 in June. He speaks with Yousef Gamal El-Din and Manus Cranny on "Bloomberg Daybreak: Middle East." (Source: Bloomberg)