Wednesday, 12 December 2012

Clear logic that comes from within the box - The National

Riad Meliti likes to think inside the box. That is not to say he is conventional or orthodox, but rather it explains the basic business philosophy of Arqaam Capital, the investment bank he founded and of which he is chief executive.

"The box" in this instance is a geographical reference. Mr Meliti illustrates it with a passable drawing on a whiteboard of a map of Europe, Africa and Asia, with the bottom half of the map ruled off in a rectangle extending from Indonesia to Morocco, and from Turkey to South Africa.

"There are too many smart minds focused on the Brics," he says, referring to the acronym for the high-growth markets of Brazil, Russia, India and China. "We are looking instead for the greatest opportunity."

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