The over 130 officials and heads of the biggest companies in thesix richest Arab countries, Bahrain, Kuweit, Qatar, Oman, SaudiArabia and the United Arab Emirates, present in Bucharest in thelast few days, are willing to bring hundreds of millions of eurosto Romania, estimates a journalist from the English languagenewspaper Bahrain Tribune.
"Gulf businessmen could invest 200 million dollars this year anda further 500 million dollars over the next two years," estimatedAhmed AlSaati, director of English language publication BahrainTribune, present at the Forum of the Gulf Cooperation Council,Romania, Bucharest: Business opportunities in South-Eastern Europe,organised by the Ministry of Foreign Affairs, the Ministry ofEconomy, Trade and Business Environment, the Gulf CooperationCouncil and Forum Invest in Bucharest over the past few days.
AlSaati said investors in the Gulf are interested in businessesthat can bring them an at least 10% yield. "Before the crisis (ayield of) 20% was right, now we accept as little as a 10% yield,but not less. Imagine that businesspeople in the Gulf have bigamounts of cash available and cannot let them be devalued byinflation. They have to be permanently on the lookout forinvestment opportunities," AlSaati said.
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