Posts Tagged ‘MENA’
Develop MENA Equities by Kuwait Investment Bank
The recent crisis in some Arabic regions like Egypt, Libya, and some others have shaken the region, but currently most of the places have restored the situation as in Egypt, but in Libya, the situation is worsening and the resistance of the Libyans is standing tall against the air strikes by USA. Both of the countries fall under the MENA region and a huge investment has been through MENA equities in the countries which are situated in MENA region and it will be quite alarming for the investors who have their equities in Egypt and Libya in particular. But the other places are not affected as much as Libya alone, even Egypt has almost come of the crisis and the investment specialist can see it as productive one in the results of their MENA research.
What is MENA region exactly?
MENA is an abbreviated term and it stands for ‘Middle East and North Africa’. Most of the Middle East regions are included in it along and most of them are oil rich countries along with some of the western countries as well. The overall population of these countries is 381 million and it totals about 6% of the whole world’s population.
Investment in MENA Equities
The MENA region is a diverse blend of countries that differ in size, economic conditions, social structure, political environment and state affairs. These variations are observed through incompatible level of private investment ratio in these countries. Among Middle East countries Saudi Arabia, Bahrain and United Arab Emirates are top investors in MENA equities. A survey by the Economist Intelligence Unit has shown that many western financial services corporations are interested to establish an organizational existence in the Middle East. An amalgamation of the development and steady economic reform in the Middle East has generated the interest among numerous western financial service firms. Over the last few years or so, big investors in the US and Europe are observed to develop a great interest in private equity investments in the Middle Eastern MENA equities.
On the whole, this growing interest is making a great contribution to increase the Middle East finance ratio.