Investec Asset Management, a South African company which manages $70bn, has said the Gulf region is more attractive for equity investments than either South Africa or Eastern Europe, Bloomberg has reported. “I would put the GCC ahead of South Africa and Eastern Europe,” Michael Power, global strategist at Investec Asset Management, said. In five years time “this region will be more closely hitched to the Asian locomotive, making it more attractive,” he said.
You might also like...
TotalEnergies to acquire remaining 50% SapuraOMV stake
26 April 2024
Hyundai E&C breaks ground on Jafurah gas project
26 April 2024
Abu Dhabi signs air taxi deals
26 April 2024
Spanish developer to invest in Saudi housing
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.