The growing number of Middle Eastern issuers going down the depositary receipt route have few regrets
Scan the mainstream western media for stories about the Middle East and it's nigh on impossible to find coverage on anything but the fragile Arab-Israeli peace process. But in the world of international equities an entirely different story is unfolding: one of growth, global investment and global depositary receipts.While the regional economy has picked itself up from past troubles, the local capital markets have largely failed to keep pace. According to Gamal Moharam, chief representative
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