Middle Eastern markets continued to erode in value last week, almost mirroring the falling price of oil. Despite these unsettling events, Sandy Shipton, executive director of wealth management at the Dubai International Financial Centre, is optimistic about the outlook for the region. Speaking with FinanceAsia during a recent trip to Hong Kong, he describes the situation we are in now as a transition from the traditional OECD-led financial market model to one driven by the BRIC countries Brazil, Russia, India and China and the Middle East.
How are family businesses in the Middle East reacting to the global credit crunch
My experience with families is that these are some of the finest, most...
¬ Haymarket Media Limited. All rights reserved.
