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Arab Spring heralds changes in MENA financial services

Posted on 11 October 2012

The Middle East’s financial services industry is likely to see an increase in entrepreneurship as a result of the Arab Spring and the financial crisis, according to a panel of experts at London Business School’s latest thought leadership forum in Dubai.
Katie Sumpton, Principal at Booz & Company, said, “The financial services landscape has changed dramatically in the last few years following the financial crisis and the Arab Spring. Key trends, including the importance of entrepreneurship as a means to employment, the growth in Shari’ah-compliant banking, and large scale development programs in countries like Libya and Iraq are giving rise to significant opportunities in the financial sector and are forcing leaders to rethink traditional ways of doing business.”……………………………………….Full Article: Source

 
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