Plenary Session Highlights - Saudi & MENA Insights: What Drives Investment Philiosophies In Emerging Markets

In a discussion about the collaboration between Europe and the Middle East, particularly Saudi Arabia, there is a focus on the significant opportunities for capital investment and trade. Both regions aim to build resilient, future-focused economies, with diversification being a central theme. Saudi Arabia is moving beyond oil into sectors like advanced manufacturing, logistics, and tourism, where Europe has substantial technical expertise. By partnering in these areas, Saudi Arabia can accelerate its transformation, while Europe can access new and lucrative markets. As Saudi Arabia positions itself as a global trade hub, Europe's expertise in market access can help open new trade corridors and strengthen supply chains. Digital innovation is a key ambition, with Saudi Arabia scaling up its digital economy and Europe leading in digital regulation and data governance. The GCC equity market offers diversification due to its low correlation with developed and emerging markets. Global asset managers are increasingly allocating capital and taking risks in the MENA region, shifting from merely exporting capital to also investing locally. There is potential for co-investment between Saudi Arabia and Europe in sustainability and energy transition, particularly in green hydrogen. Collaborative efforts in carbon capture, district cooling, and circular economy solutions are creating new investment opportunities. Saudi Arabia's natural resources, combined with rapid digitization, present a compelling case for European involvement. The importance of Europe moving quickly to capitalize on these opportunities is emphasized.