Long-term View to Benefit Investors: Oueijan

DUBAI — The portfolio manager for Majid Al Futtaim Asset Management, Habib Oueijan, this week encouraged international investors to take a more long-term perspective towards investment opportunities in the Middle East and North 
Africa region.

By (Staff Report)

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Wed 18 Nov 2009, 11:11 PM

Last updated: Sun 5 Apr 2015, 9:53 PM

Speaking at the GAIM Middle East Alternative Investment 2009 conference, Oueijan said that a long-term view, rather than opportunistic, would better benefit investors looking to the MENA markets. This was exemplified by the investment approach taken by Majid Al Futtaim Asset Management.

“On the upside, Majid Al Futtaim Asset Management sees the region and markets such as Dubai to be the beneficiaries of the global rebound due the investments that we’ve seen in infrastructure, which is vital for long-term growth,” said Oueijan, as part of a panel discussion. In his discussion with conference moderator Adnan Hassan, formerly of the World Bank Group, and Phillip Edwards, a US-based family office strategist and advisor, Oueijan also touched upon the ‘comfort zone’ of current oil prices and the strategy of Gulf states to continue infrastructure investment as population growth increases across the region, and nationals migrate to the private sector.


More news from