Monday 23 December 2013

GCC markets present a ‘standout opportunity’ | The National

GCC markets present a ‘standout opportunity’ | The National:

"Amin El Kholy, Arqaam Capital’s managing director of asset management.

What is the asset class and geography you are focused on, and what is the outlook for the month ahead?

We are long-term investors in emerging and frontier markets and our views extend beyond one month. Our focus is on the Middle East, North Africa and Turkey, and expanding into sub-Saharan Africa in 2014. The Middle East and North Africa and Africa represent US$5 trillion of collective GDP growing at a nominal rate of 9 per cent, close to 1.5 billion people and an estimated $800bn of foreign direct investment.

The outlook for the next decade is for a historic transformation of the region’s countries and economies into their next stage of development. History shows that such transitions (most recently in Asia) result in phenomenal investment opportunities."

'via Blog this'

No comments:

Post a Comment