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Notes -
I mean the record isn’t good in the last 100 years. They don’t really innovate. Jews have a vibrant tech sector, a modern military, and a thriving democracy. Arabs have oil, and were it not for that, MENA outside of Israel would be as economically viable as South America or Central Asia. Nobody would know about them, just like nobody cares about the goings on in Peru or Chile or Kazakhstan.
Kazakhstan actually on the up these days in my experience. But also arguably due to being incredibly moderate for a Muslim nation.
Kazakhstan is probably the most bullish I'd be on a Muslim nation at present where it's relying on the success of actual Muslim citizenry
A fellow Kaspi investor?
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