The American investment bank Cantor Fitzgerald has recommended buying shares of UAE banks despite the regional conflict threatening the region, describing them as 'low-risk, high-return' investments. The bank's analyst, Kaku Mokoro, confirmed the UAE's commitment to positioning itself as a safe haven, along with its strong economy and low cost of equity. Mokoro stated in a bank client statement: 'We recognize that the escalation of the regional conflict brings significant risks and volatility to local markets in the short term, but our investment theses for the shares we cover are based on long-term fundamentals.'
