Hong Kong Investments: UAE and Saudi Arabia Call for Business Expansion in Middle East
Strategic Importance of the Middle East for Hong Kong Businesses
Officials from the United Arab Emirates (UAE) and Saudi Arabia have urged Hong Kong businesses to expand operations and list in the Middle East, aiming to capitalize on emerging opportunities.
Key Insights from Business Leaders
- Victor Fung Kwok-king lauds the Middle East as a launching pad for local companies.
- Investment discussions took place during the event titled Hong Kong 3.0 – Prosperity Connected Globally.
Investment Opportunities and Government Support
Yaser Al Yousuf from the Abu Dhabi Investment Office emphasized support for start-ups and SMEs in exploring the UAE market. He highlighted funding opportunities through Abu Dhabi’s tech ecosystem Hub 71 and the strategic backing of Mubadala Capital.
Growth Potential in Key Sectors
- Artificial Intelligence
- Manufacturing
Business leaders were encouraged to leverage Abu Dhabi's free-trade policies and explore the broadening horizons of investment.
Saudi Arabia's Vision for Growth
Sultan Alshehri, from Saudi Arabia’s Aseer Development Authority, highlighted the nation’s transformation guided by Vision 2050, promoting incoming investment events aimed at fostering global engagement.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.