The Middle East is enjoying a “golden era” as global tensions push money and talent into the region, according to JPMorgan Chase & Co.’s European boss Viswas Raghavan.
Speaking in an interview with Bloomberg Television, Raghavan said there’s been a jump in dealmaking and capital market opportunities in numerous countries in the last few quarters.
The Saudi stock market saw a bevy of listings last month, in a sign of revived interest following a virtual standstill at the start of the year. Government efforts in the region to diversify economies away from oil are also boosting the finance industry.
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