Moelis CEO: Starting To See Return To Normal In Mideast

Navid Mahmoodzadegan, who stepped into the chief executive role at Moelis last October, has described a "return to normal" in the Middle East following months of the Iran War. The global investment bank has been a key player in the region with a history of advising Gulf transactions including the Aramco IPO. Mahmoodzadegan, also the company's co-founder, told Bloomberg's Francine Lacqua that the company is committed to the Middle East over the long-term.