Daman Investment for Al Arabiya: in 2022 we will focus on 4 Arab markets

Daman Investments’ Head of Asset Management, Ali Al-Adaw, said the company is looking forward to 4 markets in the region in 2022, namely Saudi Arabia, the United Arab Emirates, Egypt and Qatar.

Al-Adaw added, in an interview with Al-Arabiya, that the trend is greater towards cyclical sectors linked to the reopening of the economy, mainly because the impact of the changed Omicron on the hospitality sector is very low.

He believes the likelihood of closing is very low in the region or even globally.

The enemy expected bank bonds to benefit from US Federal Reserve measures to raise interest rates in 2022.

The enemy pointed out that companies with high inflows and strong dividends in cash will interest investors.

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