Venture Capital in the Middle East and North Africa ... - Wamda.com
Venture Capital in the Middle East and North Africa ... - Wamda.com
Venture Capital in the Middle East and North Africa ... - Wamda.com
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<strong>Venture</strong> <strong>Capital</strong> <strong>in</strong> <strong>the</strong> <strong>Middle</strong> <strong>East</strong> <strong>and</strong> <strong>North</strong> <strong>Africa</strong> ReportLevant Investment SectorsFixed l<strong>in</strong>e tele<strong>com</strong>munications, <strong>the</strong> support services <strong>and</strong> <strong>the</strong> banks seem to be attractiveThe bank<strong>in</strong>g sector is relatively secure <strong>and</strong> attracts deposits from <strong>the</strong> region, grow<strong>in</strong>g <strong>the</strong> sector substantially as wellas generat<strong>in</strong>g returns. This was proven on <strong>the</strong> Lebanese scene dur<strong>in</strong>g <strong>the</strong> last crisis where Lebanese banks, due toprudent asset allocation <strong>and</strong> regulatory restrictions, ma<strong>in</strong>ta<strong>in</strong>ed stability <strong>and</strong> growth, attract<strong>in</strong>g more funds from <strong>the</strong>GCC <strong>and</strong> o<strong>the</strong>r countriesNote: Analysis excludes Iraq <strong>and</strong> Syria for lack of data40
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