European investments in GCC financial sector expected to rise to $19.4 billion by 2030
Data from the Global Investment Summit, scheduled to be held in Paris on September 1-2, 2026, revealed expectations of a rise in European investments in the banking, insurance, and non-bank financial institutions sectors in the Gulf Cooperation Council (GCC) countries from $11.2 billion in 2023 to $19.4 billion by 2030, an expected increase of $8.2 billion and a growth rate of nearly 73%.
This expected growth reflects the rising attractiveness of the GCC financial sector, amid the expanding role of banks, insurance companies, and non-bank financial institutions in financing projects, supporting financial innovation, and developing cross-market investment instruments.
The summit aims to direct 25% of investments towards modern technologies, and adopt ESG sustainability criteria in 55% of targeted projects, with the goal of supporting the direction of capital towards more efficient and sustainable sectors, and enhancing opportunities for building qualitative partnerships between investors, decision-makers, and executives.
Summit data indicates expected European investment flows toward GCC countries worth $28.59 billion, alongside targets including the development of 15 joint projects and the establishment of 8 strategic partnerships during the first year.
The Global Investment Summit is held in the French capital, Paris, as part of an international program bringing together more than 2,000 participants and 100 speakers, through 10 main sessions, 16 workshops, and more than 40 bilateral meetings, in a path that connects capital with investment opportunities and opens broader horizons for growth and partnership until 2030.
Original source: Sabq
Comments (0)
Be the first to comment.