20.11.2009 - Opalesque Exclusive: Why it might be worth betting on Arab markets - Gulfmena
Benedicte Gravrand, Opalesque London: Apparently, there is a change of attitude among Arab investors, especially in retail, as they are becoming more engaged. But, foreign investors, beware: “if you’re not an emerging market investor, forget the Middle-East,” said Dr. Sabah Hamad al-Sabah al-Binali, CIO at Saffar Capital, a PE fund focused on the MENA region, at a seminar in London last week. The compelling factors for the region include strong fundamentals (with oil as a key driver for growth), demographics, liquidity, convergence of markets and value. But “as some parts of the world have no cash and lots of talent, what we have is lots of cash but not talent,” he quipped..........................Full Article: Source