Aathira Prasad joined Manus Cranny on 16th of Nov, 2021 as part of the Bloomberg Daybreak: Middle East edition, discussing the outlook for the oil market as well as Dubai’s potential IPO pipeline and related market exuberance.
Watch the interview below from 01:21:00 to 01:27:00; this can also be accessed at: https://www.bloomberg.com/news/videos/2021-11-16/-bloomberg-daybreak-middle-east-full-show-11-16-2021-video
Dr. Nasser Saidi’s comments appeared in a CNN Arabia article titled “أبوظبي تشجع الشركات على ادراج أسهمها بإطلاق صندوق يفوق مليار دولار” on the IPO fund launched for Abu Dhabi Securities Exchange. This article was published on 13th October 2021 & can be accessed directly.
His comments are posted below:
وأشار المحلل المالي ناصر السعيدي لـ”CNN” إلى أن تحسن أسعار البترول عامل مهم في زيادة الطروحات الأولية ولكن السبب الأهم بالنسبة إليه هو الخصخصة وتوجه دول الخليج إلى تخفيف الاعتماد على الوقود الأحفوري.
“هناك نقطتان مهمتان تشجعان على الطروحات الأولية وهي الخصخصة وهذا هو الوقت الملائم للقيام بذلك فدول الخليج تملك السيولة وتتجه نحو طرح شركات مربحة في قطاعات لم تكن متاحة أمام المستثمرين من قبل ما يفسر طرح أكوا باور وأدنوك للحفر.”
وأضاف أنّ النقطة الأهم هي الحاجة إلى تخفيف مخاطر متعلقة بأن يصبح الوقود الأحفوري من الإصول غير القابلة للاستغلال في المستقبل.”
“أتوقع أن تتسارع هذه الوتيرة وأن تنفتح أسواق الأسهم الخليجية بشكل أكبر بما في ذلك السعودية والكويت فتنوع الأسهم يجذب قاعدة أكبر من المستثمرين.”
Dr. Nasser Saidi’s comments appeared in an Arab News article titled “ADNOC IPO could raise $750m as one of UAE’s largest ever offerings” on 6th September 2021.
The comments are posted below.
Nasser Saidi, a regional economics and markets expert, told Arab News: “The plans to float part of the drilling unit is just part of the current trend of privatizing some of their fossil fuel assets. “Listing like these and future privatization of fossil fuel assets using the capital markets could massively increase the size and transform the UAE’s markets into a global centre for energy and its financing.”
Dr. Nasser Saidi commented on the ongoing NMC Health saga & Gulf firms IPO plans is part of the article titled “Oil price war, coronavirus see Gulf firms reconsider IPO plans” published by Bloomberg on 9th March 2020.
The full article can be accessed at: https://www.bloomberg.com/news/articles/2020-03-09/want-to-make-a-gulf-dealmaker-laugh-ask-when-is-the-next-ipo
The comment is posted below:
“When big prominent firms like NMC falter where standards were not respected, maintained and monitored, they generate reputational problems for not just the UAE but the whole of the Middle East region,” said Nasser Saidi, the former chief economist of Dubai’s financial centre.
The world’s biggest crude oil producer, Saudi Aramco launches the subscription period for its much-anticipated IPO as it rolls on with its ambitions to become the globe’s pre-eminent integrated energy and chemicals company.
Host Mustafa Alrawi, assistant editor in chief of The National, and Kelsey Warner, The National’s future editor, talk with Dr Nasser Saidi, regular contributor to The National and president of the economic advisory and business consultancy Nasser Saidi & Associates, about the Aramco IPO. Dr. Saidi discusses the IPO’s strategic importance, outlook for the oil market and strategy alliance with China.
In this episode:
Kelsey and Mustafa on Adipec (0m 32s)
Dr. Saidi on the IPO (8m 21s)
Headlines (27m 14s)
https://audioboom.com/posts/7421977-adipec-and-the-saudi-aramco-ipo
Dr. Nasser Saidi’s comments on the Aramco IPO (and details in its prospectus) appeared in the article titled “Saudi Aramco IPO starts November 17, offer size still pending” published by Bloomberg on 10th Nov 2019.
The full article can be accessed at: https://www.bloomberg.com/news/articles/2019-11-09/saudi-aramco-initial-public-offering-to-start-november-17
The comment is posted below: