imported 2024-03-17 17:43:07
Mark DeWeaver, Co-founder of Quantrarian Capital Management – a DC-based emerging markets hedge fund – and author of Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World’s Emerging Economic Giant, discusses the stability issues in Iraq.
Mark DeWeaver, co-founder of Quantrarian Capital Management – a DC-based emerging markets hedge fund – and author of Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World’s Emerging Economic Giant, reveals the secrets to investing in Iraqi stock market.
Mark DeWeaver, co-founder of Quantrarian Capital Management – a DC-based emerging markets hedge fund – and author of Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World’s Emerging Economic Giant, discusses the general economic overview of Iraq.
Mark DeWeaver, co-founder of Quantrarian Capital Management – a DC-based emerging markets hedge fund – and author of Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World’s Emerging Economic Giant, discusses the general economic overview of Iraq.
Many investors come to Iraq and ask what they shall invest in while a better question would be what they should not invest in because Iraq is a vast land of investment opportunities. It nevertheless remains difficult to invest in Iraq as it is a very difficult place to operate in; a war-torn country where the financial knowledge equals almost to zero.
Mark DeWeaver, Principal at Quantrarian Capital Management
Iraq is set to experience rapid economic growth due to several factors including enormous untapped, low-cost oil reserves, recovery from a civil war, a transition from a state-controlled economy to a market economy, and excess demand for almost everything. Whether compared to Russia in the early 90’s or to the story of the Chinese economy, Iraq, including the Kurdistan Region, is a powerful emerging market. Mr. DeWeaver views the case of Iraq as one in which the potential reward by far exceeds the risks.
With the economy booming at unprecedented rate the construction and contracting sector in Kurdistan experienced unparalleled boom over the past 5 years.
Citing just a few short facts in addition to the oil reserves: the region is tipped to hit a 12% contribution to the region’s GDP by 2013; the autonomous region boasts with 450 major projects valued at $21 Billion, of which at least 20% is being funded in part through Foreign Direct Investment (FDI) .
The outlook for commercial real-estate in Kuwait remains negative due to…
Kuwaiti government owns almost all the oil and related services – production, distribution, refining, and marketing.
In 2012, the Kuwait banks are cleaning up their balance sheets as a response to the consequences of the financial crisis of 2008/09 that is most likely going to continue throughout 2012.
