Bankers yearn for stability after the Arab Spring

It seems unlikely new political freedoms in the Middle East could bring greater economic empowerment. In the short term investors are being put off by the volatility. Banks are reassessing their positions. Dominic O’Neill reports.

for further stories on the Middle East
• What revolution means for Arab banks
• Lebanon’s lost opportunity
• Egypt: Banking on a revolution
• Bahrain: Like Wall Street, but now with guns
• Mubadala sets a model for Middle East wealth funds
• Mubadala ‘increasing positions in the developing world’, says COO





FINANCIERS IN THE Middle East often appear extraordinarily sanguine about the political and economic cataclysms their region is experiencing. “I’ve never felt more invigorated by the opportunities in the region than I do today,” says Arif Naqvi, chief executive of Abraaj Capital, a Dubai-based private equity firm with about $6 billion in assets under management.

Access this research

Enter your work email address to sign in or check whether your organisation already has access to Euromoney.