Monday 21 February 2011

Middle East turmoil doesn't deter the bankers - The National

With the global focus again on the Middle East political situation, the past few weeks have been a period of reassessment for the specialist investment bankers.

They have been building up their business in the Middle East in expectation of a wave of corporate mergers and acquisitions activity.

But the political convulsions in Tunisia and Egypt, and the possible repercussions in other Middle East countries, have caused some to pause for thought. Forecasts of amergers and acquisitions (M&A) boom have been reassessed and in some cases downgraded.

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