Global asset managers have their sights set on the Gulf as the oil-rich region emerges as a rare source of spare capital in a market laid low by the war in Ukraine, Covid lockdowns and inflation.
Officials and executives said the United Arab Emirates was a prime target for money managers seeking to tap this liquidity. Many are looking to base themselves in the financial centres of Dubai and Abu Dhabi as a launch pad for fundraising across the region, where soaring crude prices are…
