Azimut Group, with offices in both DIFC and ADGM, has produced a new investment report which forecasts the next five years of development in the MENA region.
Azimut outlines what it sees as the main drivers of continued growth and development in the region. Azimut believes the MENA region is set to shine in the coming years for the following reasons, the report states:
- Under-Ownership: MENA markets are under-owned despite exceeding 7% in the MSCI Emerging Markets Index.
- Economic Reforms: Saudi Vision 2030 and UAE’s sector development aim to diversify economies and boost growth.
- High Returns, Low Risk: MENA markets have shown strong performance with annualised returns of 4.5% (10 years) and 7.9% (5 years) and lower volatility than other emerging markets.
- Market Growth: Expect increased size and liquidity, with MENA’s MSCI Index weighting rising to 10%, driven by IPOs and new listings.
- Geopolitical Shifts: Russia’s exclusion and China’s economic challenges benefit MENA markets.
- Azimut’s Role: Azimut leverages its UAE hub to manage over $100B globally, offering diverse investment options.
To view the whole report click here.
