The region also went to the rescue of private investors to save large fortunes in the midst of the multimillion -dollar losses suffered by the richest worldwide of the technological tsaries of the new age in the bloodbath of the Ons market in the market.
Private investments planned in the Gulf region will exceed $ 1 billion in a few years, attracted by the growing sustainability initiatives in all sectors, promoting the impulse of new industries, employment creation and strategic associations, market experts said.
This change will create a solid base for investment funds and instruments focused on the green transition, including the expansion of hydrogen technologies and smart energy networks, they said.
The peak in the attractiveness of the region’s investment occurs at a time when it is estimated that the 500 richest people in the world have seen their wealth building combined by a whopping $ 208 billion in just one day: the last Bolobe Btal TARED Donald Tarigs Donald Tarigald Tail Spider.
However, the Middle East was the only region in which those of the Bloomberg wealth index obtained net profits for the day.
“The Middle East is becoming a significant financial center, with Dubai, Abu Dhabi and Saudi Arabia that emerge as key players,” said Michael Reza Pacha, an expert in heritage management and founder of Index & CIE, a financial advice firm and assets and financial advice. Arab business.
“The funds in the energy management and renewable and green waste are attracting a great money that helps to generate resilient infrastructure and modernize the region”, Pacha, who also directs Jurisconsult International, another specialization of the company, and advisor and advisor and advice and advice and advisor and advisor and advice advisor and advisor and advisor and advisor and advisor and advisor and advisor and advisor and advisor and advisor and advisor and advisor and advisor and advisor and advice advisor and advisory and advice and advisory and advice advisory and advisory and advisory advice. and advice and advice and advice and advice and advice, and Jintory and Advisor, and Jintory and Advicery, Jinty and Advicery, Jintey and Advicery, and Jintore East, Europe and Africa, he said.
The Region of the Middle East and North Africa (MENA) is expected to attract more than $ 1 billion in renewable energy investments by 2030, according to experts who spoke in the third edition of the Middle East Sustainability Forum held in Bahrein in January of this year.
Private investors go to the EAU
Market experts said that the rapid attraction of the EAU and the widest region for private investors reaches the context of the promotion of Middle East as an important global financial center, with Dubai, Abu Dhabi and Saudi Arabia that emerge as keys.
Many are also investing in artificial intelligence (AI) in the EAU and the region, they said.
Pacha said that the CCG and Mena region should be more focused on bringing the most powerful and advanced companies to the region because it could also be a center for entities that grow throughout the world.
“I would prefer to attract them to the region and allow them to grow inside instead,” he said.
As for the growing interest of private investors in the Middle East, Pacha said that this is the entire business changed in recent years, and the EAU and Saudi Arabia managed to attract many actors and players.
“In fact, one of the greatest losers of this movement is Switzerland, because they lost a lot of impulse, just like the United Kingdom, but let’s say that Europe mainly lost the impulse of the financial business,” he said.
He said that the Ukraine War and the United Kingdom movement to change the state of its neutral residence program also played a role in making global private investors focusing on the Middle East.
“As Switzerland failed to maintain its history of neutrality and becoming an ally of the other EU countries, it was a big mistake, and the United Kingdom was not a state of neutral residence program, both lost a lot of impulse,” Pacha said.
Pacha said that all this attraction with the EAU and the Middle East began a long time ago, but it was driven tremendously after the COVID already causes the Eau handled the era after the Covid.
“Simultaneuio, the EAU and Saudi Arabia benefited from a couple of other events that occurred on the other side of the world to Asia. Singapore also lost impulse because the era after the Covid was not right, strict records and strict regions return to the control and sovereign of China,” he said.
Pacha said that the EAU, and the intelligent movement of the region to BECY for cryptographic and cryptographic trade have also helped attract great fragments of worldwide investments.
“The reason why I moved to the EAU: I saw an opportunity; I saw the potential of this country and this region, which always followed the surprising progress and growth in the financial industry since 2010,” he said, playing that in Incey Dhabi.
Pacha, who is also the founder of Enrroxs Energy & Mining, a company specialized in the research and production of mining resources and raw materials in the region, said there are other opportunities for the EAU and Mena to consider: the mining industry.
“Africa was under the control of European countries, mainly France: these countries lost their impulse. I would highly recommend the investments of the EAU and the CCG in Africa because only China and Chinese companion are invitation, hey, and there, and there, there, there, and there, and there, and there, and there.
Sustainability promotes private investment
The experts of the sector cite the sustainability unit initiated by the EAU and other countries in the region as an important influencer to channel private investments to the region in the midst of the growing trend of international investors that prioritize organizations a single financial notes Alsivive.
They also said the movement by a growing number of local companies in the region to adopt ethical practices, responding to the expectations of the main institutional investments that seek rules and guarantees of Sternger, helping the increase in private investments.
Pacha said that only twenty years ago, environmental and social responsibility was rarely considered fundamental factors in investment decisions.
“However, the world around us is changing rapidly, and today, we are witnessing significant transformations in private heritage management,” he said.
Market experts said that the “responsible investment” trend, which follows ESG standards (environmental, social and government), is gradually becoming a fully developed strategy for the main private corporations and investors.
The potential of ESG investments in the regions of Middle East and Africa seems promising, they said, and added that the region will face continuous growth in the demand for clean energy and sustainable infrastructure projects..
Pacha, however, said that the Mena region must have a balanced policy in terms of the environment and balance it with the need for the growth of industrial economy and business.
“If not, the industries will fight and any Vally will disappear, which will not be good for the region in the long term,” he said.
The maximum index and CIE executive suggests that EAU banks penetrate the European market and attract people in Europe to the region.
“Instead of waiting for them to take advantage of the boom and growth of the Mena economy, they [UAE banks] I need to take part of the market in Europe, instead of waiting for Europeans to enter the market, “he said.
