The Middle East is undergoing a “fundamental transformation” as global capital flows pivot towards new growth engines, with the region and Asia driving investment trends, according to the Middle East, North Africa and Türkiye (MENAT) chief of HSBC.
Selim Kervanci, chief executive of HSBC Bank MENAT, told the HSBC MENAT Future Forum in Dubai that “traditional financial centres are adapting to a world where the Middle East and Asia are driving rather than following global investment trends .