After a 16-year career at Morgan Stanley Lebanese-born banker May Nasrallah detected a gap in the Middle East market for advising small companies, prompting her to leave the bank and set up her own financial advisory firm in Dubai.
Three years on, she has lured a number of her former Morgan Stanley colleagues to join her company, deNovo Corporate Advisors, which is helping small private Middle East companies that are looking for acquisitions, joint ventures or capital-raising opportunities in the region.
"We wanted to do something different to the international investment banks in that our advisory firm was created in the Middle East and our focus and strategy is entirely for the Middle East," said Nasrallah, sitting in her office on the 25th floor of Emirates Towers, a swanky office building in Dubai's financial hub overlooking the city's racecourse.
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