August 2008
Middle East research poll 2008: Boom attracts big research players
Regional buoyancy and declining opportunities elsewhere are pulling banks into the Gulf region, bringing with them research capability. Local firms still lead Euromoney’s poll but foreign rivals are coming up fast. Rupert Wright reports.
The fact that much of the emerging market equity action in the next couple of years is likely to be in the Middle East has not escaped the attention of the world’s biggest banks, which are switching resources to the region partly to make up for the decline of deals in western markets thanks to the credit crunch. Swiss bank UBS will open an equity research office in Dubai at the end of August to cover stocks in the Gulf region as part of an expansion in the Middle East. Stephen Andrews, a European banks analyst at UBS in London, will move to Dubai to head Middle East research and will be responsible for expanding the research team in the region.
"The decision to relocate some of our best analysts globally to Dubai demonstrates the importance of the...
More information on middle east equity research
The rest of this article is only available to subscribers (Level 2)
If you are already a subscriber (level 2), please log in now to view this article, by entering your username (email address) and password at the top right-hand side of this page.
If you are not a subscriber just subscribe today for full access to this article. You can do this either by clicking the link or calling +44 (0)207 779 8999.
If you are a trialist or subscriber, please enter your username and password at the top right-hand side of euromoney.com
Subscribers to Euromoney benefit from:
- 12 months access in print and online - on euromoney.com, read the latest issue early online, search for specific developments by region or sector, interrogate the results of Euromoney's benchmark polls, and view the archive dating back to 1996
- More than 30 specialist research guides free
- The results of Euromoney’s polls and surveys
- Tailored RSS news feeds direct to your desktop
- News delivered directly to your mobile device or PC
- Personalised email newsfeed of 'Top stories' and 'Breaking news'
Click here to subscribe