Listen: Middle East, Doha And Saudi Arabia discussed on Biz 1190 Overnight featuring Bloomberg Radio
"Thank you very much scrape round up. That's ten Middle East. We have a Middle East markets reporter with Yousef on I pay by check Philippa. It is all about earnings. We're getting into the real heavyweights modern. How the numbers you go by reporting. So how does choosy look for the lineup. Mata's looks very very busy. Of course. Let's start with Saudi Arabia. Is you mentioned some very big names in the market that have deliver results is DNA of the trading session yesterday talking about as the biggest player when it comes to the telecom sector in the second biggest company in Saudi by market Cup results were it's five percent better than Ellis whereas maiden, but it feels like these students to deliver. Better numbers to excite analyst is stock has twelve hold recommendations versus to buy into cells. Then we have mod modern deliver results were worse than expected loss versus a profit less cheer. That's pretty much because lower prices of gold and aluminum, which they rely on a lot. Then if we look at other markets in the region, we have industries cutter second-biggest member of the index in Doha also missing estimates. And then hearing the a very big name. Within the banking industry of dubbing Islamic Bank also missing estimates. And it's a big that a lot of people are playing on top of a potential merger that could be owned the way. What about some of the names that some of the key sort of priorities going into the trading? They laid on us if we have to watch for telecom companies here in the UAE do energy Salat which are expected to deliver earnings today, then we have DB important lender here in Dubai also expected to deliver. And then finally a cutter I Bank in Doha. Those are some of the names that we have in the Reiter for today. And finally Philippe a should the. I mean, we're talking about these all in markets. We saw huge move on the yesterday. Phony Trump's decision not to renew the Iran or waivers to several countries is that being reflected in any way in the Saudi market."