Speaking on CNBC, MEI Visiting Senior Research Fellow Tilak Doshi predicts a robust debut for Saudi Arabia’s Aramco IPO, but says that the most significant development arising from this move is its indication of where the country’s economy is heading. Volatility in global oil markets has created some cause for concern, but the overall outlook is positive, he adds. Watch the full interview here.

Image caption: Riyadh, Saudi Arabia. Photo: Lawepw, shared on Wikimedia Commons.