Wall Street Eyes New Openings as Middle East Spending Priorities Shift
A shift in Middle East’s priorities may open different opportunities for global firms.
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Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that’s become one of the most influential in global finance. You can sign up here.
This week: Abu Dhabi’s ‘money man’ steps into the dealmaking spotlight, Saudi Aramco pursues a $35 billion privatization drive, and Jared Kushner disappoints Mideast clients.
In the days after the Gulf war began, executives on Wall Street have been grappling with one question: Will Middle Eastern states continue to deploy capital at levels similar to the post-pandemic boom years, or is a pullback coming?