MENA Capital

Financial Services
Lebanon
MENA Capital

[email protected]

"...Others, like MENA Capital CIO Khaled Abdel Majeed, are also getting ready to invest, but worry that a dedicated country fund carries too many risks at this point. Instead, Majeed is aiming to invest part of his firm's funds under management in Iranian shares - once the sanctions are lifted. 'At the moment it may be very marketable, but at some point it will become too expensive,' he said, adding that the firm was starting its search for suitable local partners in Tehran. 'And there is also a lot of risk in the deal that has been agreed, and the regime itself is not stable enough to last another 50 years.'" (Reuters, "Foreign Investors Try to Tap into Iran," 7/20/15)