15
Jan
Q1 Investment Strategy & Outlook 2024
Global Investment Climate - Key Points
A highly volatile but ultimately positive 2023
Radical change in stock market climate in Q4
The notable deceleration in inflation heralds a refreshed positive perspective
An economic slowdown remains the central scenario
New monetary policy paradigm for 2024
More favorable environment for financial assets
UAE Investment Climate - Key Points
Real GDP growth forecast revised down to 3.1% in 2023 before a rebound to 5.7% in 2024
The UAE PMI surged to 57.4 in December, marking its second-highest level since mid-2019
The inflation projections in the UAE for the year 2023 has been revised downwards to 2.4%
Dubai’s Real Estate shows its resilience and adaptability amidst changing economic and market conditions in Q4 2023
Abu Dhabi faced decline, while Dubai emerged as the best performing market in the GCC in 2023 with a gain of 21.7%
Key convictions for Q1 2024 - Key Points
Inflation gradually returning to acceptable levels
Monetary policies on the road to normalization
Soft-landing scenario supports yield curve adjustment
Positive outlook for financial markets
