This is what Viswas Raghavan, the CEO of JPMorgan for Europe, the MiddleEast, and Africa, said in an interview with Bloomberg Television.
He mentioned that global tensions are driving money and talent into the region. There's also a surge in deal-making and capital market opportunities in several countries, especially in Saudi Arabia, UAE, and Qatar. This indicates that the region has high confidence and is undergoing a successful economic transformation.