Weak infrastructure is probably the single biggest obstacle to emerging nations fulfilling their potential. Infrastructure shortcomings in Latin America and Asia are well documented but even in the Middle East, a region flush with petrodollars, more investment is required, especially from the private sector.
Over the next decade, the Gulf Cooperation Council countries alone will demand up to $545 billion of investment across the transport, power, water, energy, education and social infrastructure sectors.
It is against this background that Bahrain’s Gulf Finance House (GFH) and Ithmaar Bank, together with Abu Dhabi Investment...
