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Leaders with Francine Lacqua

Why the Middle East Is Calling the Shots on Big Deals

Leaders with Francine Lacqua

Bloomberg

Management, Business, Careers, Entrepreneurship

4.664 Ratings

🗓️ 25 May 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

With In the City hosts David Merritt and Francine Lacqua in Doha for the annual Qatar Economic Forum, this week’s podcast focuses on the growing influence of the Middle East—and whether it will come at the expense of Western financial hubs. Bloomberg reporter Dinesh Nair joins. He says the Middle East is currently the only region that can “call the shots on big transactions.”

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Transcript

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1:02.1

I'm David Merritt. And I'm Bronte Laqua. And this is in the city, Bloomberg's podcast

1:10.3

connecting you to the conversations at the heart of the city of London. But of course, that is not where we are this week, Francine. It is not, Dave, because this week we're in Doa, Qatar for the Qatar Economic Forum. Exactly. And we have spent the last few days listening to the world's business leaders or if you are Francine interrogating them on stage most

1:30.4

of the time and many of them have been emphasizing the importance of the Middle East to all of

1:35.8

their future plans. And that's really what we heard from the standard charter chief executive officer

1:40.1

Bill Winters. I think these the various countries in in the Gulf, of course, are accumulating savings right

1:44.5

now and they're diversifying their economy.

1:46.8

So that's why we're here.

1:48.1

That's why we're investing so much capital into the Middle East because we see these huge

1:51.8

opportunities to connect that capital with all the opportunities in Asia and vice versa.

...

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