Gidoomal: No Marked Liquidity Squeeze in Saudi Arabia
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Banks across the region report their 2Q results this week. Geopolitical risk and oil prices are reshaping the GCC's investment and banking outlook, with Bloomberg Intelligence saying the Iran war is likely to weigh on FDI into next year. Sam Gidoomal, Managing Director & Middle East Head of Financial Services at Alvarez & Marsal spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East and Africa on the likelihood of the US-Iran war having an impact on these earnings.