The UAE accounts for 74% of Gulf investments in ASEAN countries.

A recent report by the Dubai Chamber stated that the UAE accounts for 74% of the total Gulf investments in the “ASEAN” region, which amounted during the period from January 2016 to last September, about 13.4 billion dollars, compared to investments by the countries of the Association of Southeast Asian Nations, in Gulf Cooperation Council countries with $3.6 billion during the same period;

Of which a third came from Singapore.

The analytical report issued by the Chamber in cooperation with the "Economist" shed light on the commercial opportunities available between the "ASEAN" countries and the countries of the Gulf Cooperation Council in the period after the "Covid-19" pandemic.

The release of the report, which was titled “Future Opportunities: Promoting Trade and Investment between the Association of Southeast Asian Nations and the Gulf Cooperation Council” countries, coincided with the organization of the Dubai Chamber, in cooperation with Expo 2020 Dubai, the first edition of the Global Business Forum for ASEAN countries. During the period between the eighth and ninth of this December under the slogan "Cross-Border Economic Partnerships".

And the Dubai Chamber stated in a statement today, that the report was based on a survey of 200 senior executives from the Association of Southeast Asian Nations, conducted between May and July 2021. It

clarified that the choice fell on participants from a range of sectors: Approximately 15% of them are employed in the sectors of agriculture, food, financial services, financial technology, retail trade, e-commerce, industry and energy, in addition to 10% selected from professional services and marketing.

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