Bankers Are Serious About the Mideast

The fighting in Lebanon and Israel hasn't scared off financiers. Deals are being made in Dubai and Cairo, and Western firms are moving in

The fighting between Hezbollah militants in Lebanon and Israel hasn't killed business confidence in the rest of the Middle East. After an initial shudder when war broke out in July, stock markets have bounced back smartly. The Egyptian market index, for instance, was up a surprising 20% in July.

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