| Many investment bankers are heading to the UAE and the GCC because of an increase in the number of opportunities for these professionals in the region. According to Sovereign Wealth Fund Institute, an increasing number of sovereign wealth funds and other large public institutional investors have boosted their activity in direct investments, participating in acquisitions globally.
And, a big portion of those deals and capital raises are occurring in the GCC, attracting a number of investment bankers and they are seeing opportunities in the Middle East M&A market. The figures released by SWF Institute show an increase in the transactions taking place. In 2013, the institute’s database shows that GCC-based sovereign wealth funds made $20.2 billion in direct transactions, an increase from $18.32bn in 2012...............................................Full Article: Source
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