The Week Ahead - Regional Markets
A large number of earnings announcements will primarily drive the markets as they resume trading after the long Eid holidays. This week, ADNIC, ADNOC Distribution, ADNOC Drilling, Agthia, Ahli United Bank, Air Arabia, Alba, Aramex, Ascana, Deyaar, Dubai Investments, and many others will release 1Q 2022 financial results and host earnings calls.
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Saudi Arabia’s rapid economic recovery continues unabated as the Kingdom logged a 9.6% YoY GDP increase in 1Q 2022, which is its fastest pace of growth since 2011.
