Cairo-based investment bank Beltone Financial kicked off its third annual MENA Investment Conference in New York, to provide US institutional investors with a comprehensive update on investment opportunities and regulatory reform in the region.

“In contrast to the global financial turbulence, the MENA region offers a diversified economy, conservative banking practices, regulatory reform and unprecedented consumer demand — driven by a young population — positioning it for strong and sustainable economic expansion,” a statement read.

Aladdin Saba, CEO of Beltone Financial, said, “No other region in the world offers such opportunity for growth.”

Beltone arranged a series of investor meeting with US investors who manage more that $1 trillion.