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2011 marked a year of huge change in the Middle East as the “Arab Spring” impacted a number of countries across the region. From Tunisia to Egypt and beyond, popular movements swept away political incumbents, resulting in instability and challenging operating conditions for corporates based in affected markets. For those countries impacted, the longer term implications of this change remain difficult to discern, with upheaval continuing today. In the short term many investment decisions are on hold, with corporates remaining cautious.
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06 March 2012