2023-07-06 16:53:19
British Berkeley Assets confirmed that the Middle East is the new West in opportunities for economic prosperity and rapid growth, and this is what draws the features of a completely new era, pointing out in a report that the business world has become firmly convinced that the cities of the region, led by Dubai, Abu Dhabi, Doha and Riyadh, have replaced London and Paris Los Angeles and New York.
Omar Jackson, partner at Berkeley Assets, said: “The region is going through an aggressive and accelerated development phase. In the business world, there is a growing belief that the cities of Dubai, Abu Dhabi, Doha and Riyadh have replaced London, Paris, Los Angeles and New York, adding that the cities witnessing amazing growth in the Middle East open their doors to entrepreneurs and offer unlimited opportunities for startups and investors alike, and provide an environment Fertile for the further development of business and enterprise. Thus, the Middle East has become the new West, and this is what marks the features of a whole new era.
In its report, the company indicated that the investment sector in the Middle East is witnessing rapid developments, and Berkeley identified three main trends that will enhance growth and financial stability in the region during 2023, represented in diversifying investments in private markets, digital transformation at the corporate level, and maintaining capital. money and protect it.
Following the turmoil in public markets last year, private markets have gained in popularity, especially as investors turn to safer alternatives. Contrary to the global reality, Berkeley Assets has observed a gradual shift in the behavior of investors who are inclined towards greater risk opportunities in exchange for higher potential gains. This trend is attributed to the economic stability in the United Arab Emirates in particular and the region in general, compared to Western countries.
The Middle East region is a fertile environment for a large number of new business projects, which establishes a suitable environment for startups and contributes to attracting the best talents from around the world. Therefore, investors see a large margin of profit in the market where they can seize alternative opportunities through new startups, and take advantage of opportunities in own business, franchises, and venture capital.
Berkeley mentioned in its report that private equity is still the preferred asset class despite the challenges it faces, whether high interest rates, fears of inflation, or others.
With its main offices in London and Dubai, Berkeley Assets is taking advantage of new investment opportunities to achieve stable and sustainable returns. The company continues its success by maintaining its ability to take appropriate protection and safety measures for its customers along with providing high quality services.
1688689383
#Berkeley #Dubai #Abu #Dhabi #leading #features #economic #era #Middle #East
