Saturday 5 March 2011

gulfnews : Unrest 'will lure investors'

Unnerving as it is, the tide of political change sweeping the Arab world may also end up drawing in a fresh wave of foreign capital for the region.

As entrenched monopolies and patronage give way in the Middle East and North Africa, governments in the region could open their markets further and divest some state assets.

Wealthy Gulf states such Kuwait and Qatar have little cause to sell, but post-revolutionary states such as Tunisia will likely lower protectionist barriers as they seek to accelerate income redistribution for their restive citizenry.

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