Why MENA is The Best Region in Terms Of Investment Opportunities
MENA or the Middle East and North Africa region is perhaps one of the most potent regions of investment for the potential investors all over the world. Various investment companies of every domain from traditional to the newest are looking to invest in this region by seeing the potential growth of this region. It is not like that in the last decade this region has become investment-friendly. There were several social and political matters that were preventing investors to come and visit in the MENA region. However, at present, there is a huge shift in the focus of the Governments of MENA countries. They are looking to revitalize their economic condition by moving away from the over dependency on the oil production to bringing in more and more foreign investment from the Western countries. Here is why currently MENA region is one of the best economic regions for investors.
To make an investment successful, there are a lot of factors that need to work accordingly. The first and the foremost thing you need to see is the social acceptance of FDI. Right now, the economy of the MENA countries is unstable. So, the governments are welcoming investors with their open arms. So, this is the right time for an investor to go there and grab this excellent opportunity with both hands. The potential growth of this region is huge so, it’s time to make it count.
As this area is Islam dominated there is a lot of scope of investing in Islamic Finance and Banking. Investment can also be sought under the prevalent sariah Laws.
Youths Are On The Look Out For High-Quality Jobs
For many years, the oil and gas sector was the leading paying sector in the US. But, in 2014, the technology sector went past the oil and gas as well as financial and consulting services sector to become the highest paying sector in the US. This has been the trend is almost every country. There is no doubt that youth of every country is interested to work in the tech sector than any other. Thus, the trend is the same for the youth of MENA countries as well which is also favorable for startup investment. They are looking to work in the technology industry in so that they could not only change their lifestyle but also have an impact on the industry. So, investing in technology here is surely going to be profitable.
High Chance of Financial Returns
The economic situation of the MENA countries is providing an investor with the fertile ground he or she needs to sow the seed of investment and make it the tree of profit. There is a huge demand in the technology sector as well as other sectors of these countries where the government is looking to modernize the infrastructure.
There is a huge number of local and talented youth available who are looking to jump into the big league. So, one will get the employees locally. This reduces the additional cost of bringing talents from abroad. Thus, MENA is the region for the investors right now to invest and yield a good amount of profit.
So, presently with the shift of the government policy towards bringing more and more FDI, it is definitely the best time to invest for the investors.
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