Angus Blair’s Post

Record highs for #Gold, in USD terms, as predicted by RW Advisory This is a timely follow-up to my recent in-person interview with Asharq Business اقتصاد الشرق re-highlighting our theme of "Gold verging into a “transformation period” in behavioural terms, primarily fuelled by FX debasement, safe-haven flows and record central bank demand. However, Gold is currently overbought, due a tactical unwind and new buy on the dip opportunity ahead, before resuming higher towards our targets at $2400 and $2700. Portfolio guidance is a barbell approach; holding or trimming existing selection of risk assets, while also building up defensive positioning into this expected volatile cycle period of March-April. Many thanks to Maya Hojeij and the team at Asharq Business اقتصاد الشرق Ramadan Kareem 🌙 to all Arabic viewers celebrating this blessed season 🙏 📉 Feature Gold tactical chart to follow. 🙏Thanks for reviewing 👍 Like 💡 Share key insights 🔔 Join our community  📈 Market insights RW Advisory / 🧠Training IntensiChi 🙌 Telegram -https://t.me/MarketandMind 🏦 Institutions DM or connect via Symphony-https://lnkd.in/gzQV5frZ

London Stock Exchange : The Gateway to International Capital for #MEA Markets Charlie Walker, Deputy CEO of LSE, spoke with Asharq Business اقتصاد الشرق about the growing attractiveness of London Stock Exchange for Middle Eastern companies. With 40 active debt issuers from all major countries in the region, LSE remains the top choice for MEA firms seeking to access international capital markets. The recent UK Listing Rules reforms will ensure transparency for investors while allowing companies to compete effectively on a global stage—an essential aspect of robust and efficient capital markets. As a global leader in capital raising, LSE supports over 100 countries, with 65% of LSE-listed shares owned by international investors. Since 2019, MEA companies have raised $282 billion on LSE, with 40% of this issuance led by the UAE, followed by 25% from Saudi Arabia. LSE's unique position as a hub for cross-border liquidity makes it a critical partner for MEA companies looking to expand their global reach. https://lnkd.in/dmrKTKNn #LSE #CapitalMarkets #MEAFinance #UKReforms LSEG (London Stock Exchange Group) LSEG Data & Analytics Julia Hoggett Nour Amache

السلام عليكم جميعا التحضير للمقابلة اليوم 18 𝙄𝙣𝙫𝙚𝙨𝙩𝙢𝙚𝙣𝙩 𝘽𝙖𝙣𝙠𝙞𝙣𝙜 𝙄𝙣𝙩𝙚𝙧𝙫𝙞𝙚𝙬 𝙋𝙧𝙚𝙥𝙖𝙧𝙖𝙩𝙞𝙤𝙣 - 𝘿𝙖𝙮 𝟭𝟴 𝟭)𝙒𝙝𝙖𝙩 𝙞𝙨 𝙈𝙚𝙖𝙣𝙩 𝙗𝙮 𝙕𝙚𝙧𝙤-𝘾𝙤𝙪𝙥𝙤𝙣 𝘽𝙤𝙣𝙙𝙨? Zero-coupon bonds are bonds that 𝗱𝗼𝗻'𝘁 𝗽𝗮𝘆 𝗿𝗲𝗴𝘂𝗹𝗮𝗿 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁 like most bonds do. Instead, they're sold at a 𝗱𝗶𝘀𝗰𝗼𝘂𝗻𝘁𝗲𝗱 𝗽𝗿𝗶𝗰𝗲, and then, at a 𝘀𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗳𝘂𝘁𝘂𝗿𝗲 𝗱𝗮𝘁𝗲, they're redeemed at their full face value. The difference between the discounted price you paid and the face value is like the interest you earn over time. It's a way to invest and receive a lump sum at maturity. 𝟮)𝙒𝙝𝙖𝙩 𝙞𝙨 𝙈𝙚𝙖𝙣𝙩 𝙗𝙮 𝙎𝙖𝙫𝙞𝙣𝙜𝙨 𝘽𝙤𝙣𝙙𝙨? Savings bonds are bonds issued by the 𝗴𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 that are targeted at 𝗶𝗻𝗱𝗶𝘃𝗶𝗱𝘂𝗮𝗹 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀. These bonds offer a safe way to save money while earning interest. You buy a savings bond at a set price, and it grows in value over time. When you're ready, you can cash it in and receive the full amount and interest. 𝟯)𝙒𝙝𝙖𝙩 𝙞𝙨 𝙈𝙚𝙖𝙣𝙩 𝙗𝙮 𝙃𝙞𝙜𝙝-𝙔𝙞𝙚𝙡𝙙 (𝙅𝙪𝙣𝙠) 𝘽𝙤𝙣𝙙𝙨? High-yield bonds, also known as junk bonds, are issued by companies that might have lower credit ratings. Because these companies are riskier to lend to, they offer higher interest rates to attract investors. Investing in high-yield bonds can potentially lead to higher returns, but it also involves more risk due to the uncertainty of the companies' financial health. 𝟰)𝙒𝙝𝙖𝙩 𝙞𝙨 𝙈𝙚𝙖𝙣𝙩 𝙗𝙮 𝙁𝙤𝙧𝙚𝙞𝙜𝙣 𝘽𝙤𝙣𝙙𝙨? Foreign bonds are bonds issued by entities from one country but denominated in the currency of another country. For instance, a company from a foreign country might issue bonds in the currency of your country. These bonds can be appealing to investors who want to diversify their investments internationally. The interest and repayment are usually made in foreign currency 𝟱)𝙒𝙝𝙖𝙩 𝙞𝙨 𝙈𝙚𝙖𝙣𝙩 𝙗𝙮 𝙁𝙞𝙭𝙚𝙙 𝙍𝙖𝙩𝙚 𝘽𝙤𝙣𝙙𝙨? Fixed-rate bonds are bonds that offer a predetermined interest rate (coupon rate) that remains constant throughout the bond's life. The maturity of fixed-rate bonds can vary, often falling within the range of 1 to 30 years. Investors who purchase fixed-rate bonds receive regular interest payments at the specified rate until the bond reaches maturity, at which point the issuer repays the principal amount. #day18 #hsbc #corporateactions #saudinationalbank #interviewquestions #interview #bnymellon #jpmorganchase #morganstanley #bnpparibas #standardcharteredbank #wellington #blackrock #saudinationalbank #alrajhicapital #PIF #Sauditadawulgroup #capitalmarketauthority

According to Bloomberg, Moody's credit rating agency raises Saudi Arabia's credit rating to Aa3 The reason? The Kingdom's good policy of economic diversification continues and is expected to reduce dependence on oil and its fluctuations. The new credit rating means that the Kingdom's credit worthiness is stronger than Japan, China, Spain and Italy It is also expect that the credit rating agencies S&P and Fitch will raise the Kingdom's credit rating soon. Many investors around the world have investment conditions, the most important of which is the credit rating of countries, and the higher the rating, the higher the investment rate. Moody’s upgrade of saudi arabia’s sovereign rating marks a significant milestone since 2016 highlighting the kingdom’s economic progress and financial resilience it’s a strong indicator of investor confidence in their ongoing reforms and strategic initiatives.

At this juncture, it is crucial to underscore the importance of attracting investments rather than relying excessively on borrowing. Investments bring in capital, technology, and expertise, contributing to sustainable economic growth and stability. Unlike debt, which burdens economies with repayment obligations and interest costs, investments can lead to job creation, infrastructure development, and enhanced productivity. Developing countries should focus on creating an attractive environment for foreign and domestic investments by implementing sound economic policies, improving governance, and ensuring a stable macroeconomic environment. This approach will not only help in managing debt levels but also in achieving long-term economic resilience.

First fintech training course for businesses and legal professionals. Don’t miss this opportunity The business, legal and regulatory aspects will be covered. The Egyptian Center for Arbitration and Settlement of Non-Banking Financial Disputes Financial Regulatory Authority FRA #fintech

Standard & Poor's Global Ratings affirmed its long and short-term sovereign credit ratings for Egypt at B-/B with a positive outlook. The agency's positive outlook reflects the potential for further improvements in Egypt's external and fiscal positions, bolstered by optimism that the new market-driven exchange rate system will foster GDP growth and, over time, support fiscal consolidation. Standard & Poor's indicated that Egypt's credit rating could be upgraded if there is a significant and faster-than-anticipated improvement in government debt or external debt conditions, possibly through accelerated debt reduction or increased foreign direct investment spurred by planned state asset sales. However, the agency also warned that it could revise its outlook from positive to stable if authorities backslide on macroeconomic reforms, including exchange rate flexibility, or if economic imbalances such as foreign currency shortages reemerge. A negative rating action could also occur if high interest costs compel the government to restructure debt considered distressed, or if regional geopolitical risks significantly impact Egypt. Contact us by visiting ICIFA platform and pressing the WhatsApp link 🌐 https://icifa.finance Source: The Ink Finance Magazine, CNBC #News #Icifa.finance

S&P Global Ratings raised Saudi Arabia’s outlook to positive from stable and flagged the possibility for future ratings increases as the kingdom presses ahead with a massive economic overhaul aimed at diversifying revenues and boosting the non-oil sector. “The positive outlook reflects the potential that the Saudi government’s wide-ranging reforms and investments will underpin the development of the non-oil economy while upholding sustainable public finances,” S&P Global analysts including Zahabia Gupta said in a report on Friday. It affirmed Saudi Arabia’s long-term foreign currency debt rating at A — the sixth highest and one notch below the grade assigned by Moody's Ratings and Fitch Ratings — and said there could be upgrades in the next two years if reforms lead to “steady growth” in GDP per capita. Downside risks to the outlook may emerge if there’s “pronounced fiscal weakening,” S&P said, while noting Saudi Arabia remains in a comfortable position to manage increased investment spending, rising debt levels and the potential for lower oil revenues. A recalibration of priorities and timelines for infrastructure projects under the so-called Vision 2030 diversification agenda should help contain pressure on public finances, S&P said. Details in the full story below

Saudi Arabia’s Financial Sector: Powering Economic Growth and Global Impact Saudi Arabia’s financial sector is spearheading economic transformation and global collaboration under #SaudiVision2030, achieving impactful milestones through these key initiatives: ▪️National Investment Strategy (NIS): - Amplified private sector contributions, with SAR 1.1 trillion in gross fixed capital formation in 2023 (27.9% of GDP) - Attracted 517 regional HQs of multinational companies and issued 30,000 active investment licenses by Q1 2024 ▪️Foreign Direct Investments (FDI): - Generated SAR 21.2 billion in net FDI during H1 2024, reinforcing Saudi Arabia’s appeal as a financial hub for global investors ▪️Saudi Fund for Development (SFD): - Provided SAR 2.3 billion in development loans across 10 projects in H1 2024 - Offered technical and financial support to developing countries and issued grants to finance international development projects, strengthening global relationships - Supported Saudi private-sector-led projects worth SAR 462 million, demonstrating a dual commitment to domestic and international growth ▪️Saudi Exim Bank: - Strengthened Saudi export capabilities with innovative trade financing solutions, empowering businesses to compete in global markets ▪️SME Bank: - Enhanced access to financing for SMEs, fostering innovation and entrepreneurship as engines of economic diversification ▪️Financial Sector Development Program (FSDP): - Reached SAR 4.2 trillion in banking sector assets, with assets under management representing 22.7% of GDP in H1 2024 - Boosted the debt market to 19.8% of GDP and stock market capitalization to 83.9%, solidifying Saudi Arabia’s financial stability These initiatives underscore Saudi Arabia’s commitment to a robust, inclusive, and globally integrated financial sector, propelling sustainable growth and international cooperation #SaudiVision2030 #FinancialSector #SFD #FDI #FSDP #GlobalCollaboration #EconomicDiversification #SaudiInnovation