On November 1-2, 2009 the MENA Investors Summit was being held in Riyadh. The event has attracted over 200 investors from Saudi Arabia, UAE, Egypt, Qatar, Kuwait – leading sovereign wealth funds, banks, investment and insurance companies, etc.
Within the ranks of the event the delegates have discussed pressing issues, including business dynamics in the region, financial institutions and funds as the best investment vehicles. Masroor Haq, Managing Director, Head of Middle East and Africa at VTB Capital, has introduced a presentation “The Russian Federation / CIS & Similarities with MENA region. Capitalizing on growth opportunities and establishing partnership and priorities in a post crisis world”.
Masroor Haq, Managing Director, Head of Middle East and Africa at VTB Capital, said: “For the first time since the privatization in Russia, a unique set of circumstances presents PE investors with an opportunity to buy market leading businesses at reasonable prices in sectors benefiting from organic growth.”
Head of Press