The Middle East has found its biggest bull and he’s a heavyweight: Mark Mobius.
Amongst the confusion of the region’s protests and crackdowns the exuberant executive chairman of Franklin Templeton’s emerging markets group is thrilled about investing in the Middle East.
Political unrest, uncertainty and the subsequent government spending drives have created investment opportunities in the region, he says. From property companies in the United Arab Emirates, to commodity stocks in Libya, Templeton is actively scanning the Middle East markets for cheap deals.
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