KUWAIT: The Middle East region has many growth stories but limited access to international money keeps the region underperformed, said an economic expert and geopolitical analyst. “There is a dividend of growth in the Middle East at the moment and many foreign investors are showing interest to enter these markets despite the ongoing geopolitical tension,” said Gary Dugan, Coutts’ Chief Investment Officer, Asia & Middle East, in an exclusive interview with Kuwait Times.
.
During the interview, Dugan shared his views on economic and market trends in the Middle East, especially in the context of the emerging geopolitical situation in the region. He also gave an assessment of the global economy, taking a look at the prospect of a currency war and the oil price scenario in the medium term. “I would say that the Middle East market should open up because it has tremendous potential for growth. But the lack of access to international money would mean that we have to rely on local investors,” he said.
.
No comments:
Post a Comment