I had recommended SAP shares at €82 in the Gulf financial press in early 2018 as its then CEO Bill McDermott committed the firm to the digital transformation of the UAE at...
About Matein Khalid
The Macro View
Lebanon: Ghosts, memories and monetary abyss
I first encountered Lebanon as a teenager after the fabled Choueifat College opened its first UAE campus in Sharjah, fleeing the civil war in the Chouf. My ignorance of the...
The Macro View
The German stock market is up 26% in 2019 despite zero economic growth!
November 2019 is the thirtieth anniversary of the fall of the Berlin Wall that led to the collapse of the Soviet occupied, neo-Stalinist DDR and the eventual reunification of...
The Macro View
Goldman Sachs’s $1.6 – 2.3 trillion valuation range for the Saudi Aramco IPO is insane!
I literally laughed when I heard that Goldman Sachs put a valuation range of $1.6 to $2.3 trillion on the Saudi Aramco IPO. One, a valuation range of $700 million only means the...
The Macro View
Buy the Saudi Aramco IPO at a 7.4% forward dividend yield!
Saudi Aramco is the biggest, most profitable company in history ($110 billion revenues in 2018, $40 billion more than Apple). It has been the economic engine of the Arab world’s...
The Macro View
Why I became a sterling bull last week for a 1.30 cable target
The political drama in Westminster last week was pure Sophocles, as nemesis gutted Boris Johnson’s hubris. Boris Johnson’s agenda for a “do or die” hard Brexit was killed by two...