DAVOS: As global markets contend with heightened volatility and shifting capital flows, the Middle East — and Saudi Arabia in particular — is positioning itself as a destination for long-term investment, according to Hani Kablawi, senior executive vice president and head of international at BNY.
Speaking to Arab News at the World Economic Forum in Davos, Kablawi pointed to the region’s increasing engagement with international investors, combined with large-scale infrastructure ambitions, as key factors shaping where global capital could move next.
“The really exciting thing for me in the Middle East is it isn’t one thing,” Kablawi said. “It’s very different. Demand profiles are very different, investing structures are very different, and what they’re looking to achieve is very different in different places.”
Saudi Arabia, he said, was standing out for its approach to the global investment community.
“I’m excited about (Saudi Arabia) coming out in force, reaching out to the investor community, saying: ‘Tell us what you need to see’,” he said.
