The events in the Middle East and North Africa (MENA) are bringing historical political and social changes. But what do they mean for business? To gain some perspective, Knowledge@Wharton spoke with Wharton finance professor Bulent Gultekin and Fadi Arbid, CEO of Amwal AlKhaleej, a leading private equity firm in the region. In the podcast below, Gultekin says expects short-term “volatility and uncertainty, but in the long run I think things will settle down and probably there will be economic reforms … provided that political reforms go smoothly….” Arbid suggests that the current upheavals will speed up economic reforms already underway. One concrete change: Dubai is likely to gain as a center for banking and expatriots at the expense of Bahrain.


