Friday, April 13, 2012

Small Businesses Reap Benefits of Arab Spring -

Small Businesses Reap Benefits of Arab Spring -

“Investors historically targeted well-established companies that had very low risk and provided high returns,” he said in an interview. “But now, after the Arab Spring, investors are pouring the same amounts of money into multiple smaller companies, betting a few of them will see a remarkable success.”

“Back in 2005 we were doing in the range of $300 million in MENA,” he said, using the acronym for the region. “We’re now allocating more than $2 billion a year.” The money was mostly going to small and midsize businesses, he said, with investment opportunities in Lebanon, Jordan, Egypt, Iraq, Tunisia and Morocco.

No comments:

Post a Comment