FX Invest Middle East: Mena region dodges Arab Spring 'curveball'

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The Middle East and North Africa (Mena) has had to deal with two challenging “curveballs” in 2011 that have stunted its recovery, but the region looks in better shape than it did in 2008, according to a senior economist at HSBC.

Speaking at the FX Invest Middle East conference in Dubai today, Liz Martins, HSBC’s senior economist for the region, said the combination of the Arab Spring and the slowdown in global growth have rendered disappointing a year that had previously looked to be Mena’s year

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