A report by Strategy & Middle East (part of PricewaterhouseCoopers) predicted that the asset management sector in the GCC will continue to grow beyond the global average, reaching the value of internal assets to approximately $ 500 billion, by 2026, achieving a jump from the value recorded by the end of 2022 by $ 400 billion.
This projected growth is a testament to the strong potential of the sector in the GCC, especially in light of the economic challenges the world is witnessing. Although the region prefers to invest in external assets, the levels of development witnessed by the supportive legislative products and initiatives launched by the countries of the region will contribute to enhancing the attractiveness of investment in internal assets.
Source (Al Khaleej Emirati Newspaper, Edited)
