Wednesday, 23 September 2009

Middle East is an important capital pool in the world (Interview)

The CEO of investment bank VTB Capital, which has set up shop in Dubai, sees the region as one of the most important capital pools in the world. "The changed world is no longer dominated by the Western markets and has moved to become dependent on a number of very important capital pools," said Herbert Moos. "One of them is Asia, another is the Middle East."

VTB Capital – part of Russia's VTB Group – is targeting large investors and expects to start completing major transactions by the end of the year.

Moos spoke to Emirates Business about the bank's plans for the region.

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