Middle Eastern money flows to Asia for investment opportunities, strengthening financial ties.

From Yahoo Finance: 2025-04-20 20:00:00

Hong Kong’s financial minister launched Middle East’s largest exchange-traded fund in Saudi Arabia. The $1.2 billion ETF tracks 30 sharia-compliant companies. Hong Kong is seeking to build ties with Gulf investors, including sovereign wealth funds. Gulf countries are shifting focus to Asia for investment opportunities due to fast-growing economies and vibrant tech sectors. Middle East and Asia are strengthening financial ties strategically and geopolitically amid changes in global trade dynamics. Gulf investors are diversifying portfolios and eyeing technology investments in Asia, particularly in sectors like EVs and video gaming. Asian countries are also attracting Gulf investment as part of a mutually beneficial financial relationship. Gulf nations are looking to invest in high-potential markets in Asia, including Southeast Asia, for long-term growth and strategic partnerships. Middle East and Asia are increasing investment ties to leverage each other’s strengths and tap into new opportunities in various sectors.



Read more at Yahoo Finance: Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets