With oil prices estimated to increase and current and future revenue from energy exports set to grow, the MENA region has positioned itself as a centre of capital and resources that is vital to the global economy.
This increase in revenue has allowed many states in the region to embark on ambitious economic plans such as the development of financial centres in the Gulf Cooperation Council (GCC), including:
These financial centres are now capable of serving local and international investors with a range of services and have become target destinations for seeking investment. The Islamic finance market alone (a relatively small portion of the regional financial market) is now estimated to be worth circa US$1.5 trillion.
We offer investors unrivalled access through our established relationships to these attractive financial hubs as well as introductions to partner with local experts in various capacities.
Sustained economic growth in the Gulf Cooperation Council (GCC) countries, buoyed by government spending, has provoked intense interest in the region. Traditional trading partners - Western Europe, North America and the wider OECD - maintain strong relationships with the GCC, but the emergence of newly dynamic, high-growth economies in Asia and other parts of the developing world is generating new opportunities.
GCC trade and investment flows - The emerging-market surge