Why MENA is The Best Region in Terms Of Investment Opportunities
MENA or the Middle East
and North Africa region is perhaps one of the most potent regions of investment
for the potential investors all over the world. Various investment companies
of every domain from traditional to the newest are looking to invest in this region by seeing the potential growth of this
region. It is not like that in the last decade this region has become investment-friendly.
There were several social and political matters that were preventing investors
to come and visit in the MENA region. However, at present, there is a huge
shift in the focus of the Governments of MENA countries. They are looking to
revitalize their economic condition by moving away from the over dependency on
the oil production to bringing in more and more foreign investment from the
Western countries. Here is why currently MENA region is one of the best
economic regions for investors.
The Readiness Of the Ecosystem
To make an investment
successful, there are a lot of factors
that need to work accordingly. The first
and the foremost thing you need to see is the social acceptance of FDI.
Right
now, the economy of the MENA countries is unstable. So, the governments are
welcoming investors with their open arms.
So, this is the right time for an
investor to go there and grab this excellent opportunity with both hands.
The potential
growth of this region is huge so, it’s time to make it count.
Islamic Finance
As this area is Islam dominated there is a lot of scope of investing in Islamic Finance and Banking. Investment can also be sought under the prevalent sariah Laws.
Youths Are On The Look Out For High-Quality Jobs
For many years, the oil and gas sector was the leading paying
sector in the US. But, in 2014, the technology sector went past the oil and gas
as well as financial and consulting services sector to become the highest
paying sector in the US. This has been the trend is almost every country.
There
is no doubt that youth of every country is interested to work in the tech sector than any other. Thus, the trend is the
same for the youth of MENA countries as
well which is also favorable for startup investment. They are looking to work in the technology
industry in so that they could not only change their lifestyle but also have an
impact on the industry. So, investing in technology here is surely going to be
profitable.
High Chance of Financial Returns
The economic situation of
the MENA countries is providing an investor with the fertile ground he or she needs to sow the seed of investment
and make it the tree of profit. There is a huge demand in the technology sector
as well as other sectors of these countries where the government is looking to
modernize the infrastructure.
Local Talent
There is a huge number of
local and talented youth available who are looking to jump into the big league.
So, one will get the employees locally. This reduces the additional cost of
bringing talents from abroad. Thus, MENA is the region for the investors right
now to invest and yield a good amount of profit.
So, presently with the
shift of the government policy towards bringing more and more FDI, it is
definitely the best time to invest for the investors.
Compare with:
- Investment in the UK
- Investment in the US
- Investment in Belarus
- Investment in Saudi Arabia
- Startup in Neom
- Business in UAE
Hey,
ReplyDeleteVery great article, so informative, much helpful, thanks!