Gulf Arab bankers, hit by a dearth of deal flows so far in 2011, are hoping sovereign wealth funds will drive a second-half rebound powered by a buoyant oil price and an easing in political tensions.
The state-owned funds, allocators of the state's excess investment capital, have benefited from a 20-percent surge in crude over the past year.
They are expected to aggressively scout for deals after lying low earlier this year when protests roiled the Middle East, driving regimes out of power in Tunisia and Egypt and provoking crackdowns in Bahrain and other states.
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