Summit Notebook

Exclusive outtakes from industry leaders

Green shoots and short attention spans


Coming out of one of the darkest recessions, have we learned the lesson at all? Or are we going to repeat the mistakes of the past again?



Khuram Maqsood, managing director of boutique corporate financing advisory firm Emirates Capital, thinks we may well repeat them.


He says a second wave in the downturn – if it comes at all – is unlikely to come from a new, unseen fault in world markets.


“The second wave’s going to come from exactly the same place the first wave came from –which is short attention spans, short memories,” he tells Reuters Investment summit in Dubai.