Industry looks to future at Hedge Funds World Middle East 2007

The hedge fund industry has enjoyed significant success in the Middle East in recent years, buoyed by a huge influx of new capital and the rapid evolution of the region’s financial services infrastructure.

Soaring energy prices, development and progressive initiatives to attract direct foreign investment have created unprecedented wealth in the region. At the same time, new regulation and the emergence of institutions such as the Dubai International Financial Centre is persuading a growing number of international firms to develop a regional presence.

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