Latest news with #CarmenHaddad
Bloomberg
21-05-2025
- Business
- Bloomberg
New Era for US Trade and Globalization: Citi's Haddad
Carmen Haddad, Vice Chair of Citi Private Bank, says the world is moving into a new era for US trade and globalization, and the Middle East is in a relatively good position from a macro and tariff standpoint. She also spoke about the status of US fixed income as a safe haven, the growth of capital markets and wealth management in the Middle East in a wide-ranging interview with Bloomberg's Joumanna Bercetche at a Bloomberg New Voices event during the Qatar Economic Forum. (Source: Bloomberg)
Bloomberg
21-05-2025
- Business
- Bloomberg
Citi Sees Gulf Economies Remaining Resilient Despite Oil's Drop
Citigroup Inc. remains optimistic about the prospects for countries across the Middle East despite the recent drop in oil prices. Countries like Saudi Arabia and the United Arab Emirates are working hard to deepen their capital markets, according to Carmen Haddad, a vice chair of Citigroup's private bank. That should help them attract the foreign direct investment they need to pull off their ambitious plans to transform their economies and rely less on crude income.
