Friday 29 March 2024
 
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Mark Mobius

Mobius says sticks with Egypt, looking to add

Veteran emerging market investor Mark Mobius said on Tuesday he is holding onto his existing Egyptian stock position and is looking to add more even as the latest political crisis unfolds. "It's a good play to hold what w

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Mobius to increase Saudi exposure on market open

Mark Mobius, one of the world's best-known emerging market investors, will increase his exposure to Saudi Arabia once the largest Gulf Arab state opens its markets to foreigners. Saudi Arabia, the top Opec producer, has been c

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Mobius bullish on Mideast despite unrest

Veteran emerging markets investor Mark Mobius is bullish on Middle East markets and expects recent political events to benefit the region in the long-term, he said on Sunday. "My outlook is very positive because I see these political chang

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