By: Sarah Noureldeen
New data from the Global Private Capital Association reveals soaring Middle East investment to Asia Since 2020, private capital deal value has soared over 6x to $89 billion (2016-19: $14 billion).
Diplomatic agreements have paved the way for more deals, with infrastructure and technology deals most popular.
The full report, ‘Beyond Borders: Private Capital Between Asia and the Middle East’, is attached. GPCA’s 300+ members manage >US$2 trillion of assets in 130 countries.
Further highlights , China & India now import more Middle East oil & gas than the US & Europe , 66% of the Middle East's trade is now with Asia & the Rest of the World
India accounts for 54% of Asia deal flow from Middle East investors
The Middle East's diversification from oil is shaping its SWFs' investment in Asia
Billions are being invested in: electric vehicle (EV) manufacturing, renewable energy and digital infrastructure
With the Gulf a growing capital source, some Asian investors & portfolio companies are expanding operations there
