MENA territories offer compelling long-term investment case with combination of structural change and economic growth, says Barings' Ghadir Abu Leil-Cooper
The long-term investment case for the Middle East and North Africa (MENA) is compelling. As experienced investors who understand the risks associated with investing in frontier emerging markets, we believe the region offers an attractive combination of positive structural change and economic growth. At the company level, a number of attractive opportunities exist and here we discuss some of the stocks we like in the current environment. Commercial International Bank One of the companies we favour is Commercial International Bank (CIB) in Egypt. There is a low level of penetration in th...
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