Letter from our CEO
WELCOME TO WIECCO
The global financial crisis that hit the global economy in 2008 was not and will not be the last. Despite all the voices that said the crisis was possible based on a handful number of explicit indicators at that time, the absence of the correct investment culture led the majority of investors to Ignore the seriousness and importance of all warnings.
It is certain that such a crisis is an unavoidable part of the global economic cycle, and therefore it is unpreventable. However, mitigating the effects of the crisis as well as taking advantage of it, as an exceptional event that falls within the economic cycle, is certainly applicable.
In the world of investment, one of the most common mistakes is the adoption of investment decisions that are solely based on personal guessing or randomly reliant on surrounding views, so in particular case, the degree of risk in investment decisions is considerable.
Smart investment is a deliberate reflection of financial, marketing and strategic content of the investment decision, which transforms it from randomness to clarity and integrity, thus helping to make the right decision with regards to the feasibility of the project, its ability to survive, and develop and benefit from all stages of the economic cycle.
The bottom line is that projects of all kinds do carry a risk aspect. Therefore, the adoption of feasibility study for projects is the ideal approach that is capable of quantifying and comparing risks with projected return indicators to make the right investment decision.
Wealth & Investment Consultancy has dedicated its expertise to helping investors identify the most important investment opportunities within various investment verticals (industrial, real estate, commercial, financial, and service) and in various economic circumstances. We avail all the necessary tools for investors throughout all project stages in order to help them make optimal decisions and determine the impact of the global and regional economic factors, including fluctuations in the exchange rates of major currencies and precious metals, identify the optimal hedging tools, and direct/indirect effects of global cash policies on investment decision-making.
Basem Ziad Shokfah
Chief Executive Officer - Wealth & Investment for Economic Consultancy.