Financial Times FT.com

Gulf Arab funds eye US assets

By Roula Khalaf, Gillian Tett and Simeon Kerr in Dubai

Published: November 19 2007 23:11 | Last updated: November 19 2007 23:11

Arab investors, flush with liquidity, are considering investments in distressed US financial assets as they try to turn the turmoil in credit markets into a regional opportunity.

Omar bin Sulaiman, governor of the Dubai International Financial Centre, said investment houses were now looking at the US and asking whether the bottom of the market had been reached.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this