Lumina hosted a breakfast event on March 13th, 2024 at the Connaught Hotel to explore the key themes below from their report that will drive 2024 deal activity between the UK and the Middle East:
- UK/Middle East cross-border deal activity showed resilience against a challenging global deals market in 2023 and UK PLC growth across the Middle East highlights the view that a regional presence is a ‘must-have’ today, as opposed to a ‘nice-to-have’
- The region shifted from talking about energy transition to implementing some of the world’s most comprehensive and diverse renewable energy programmes.
- The region forges ahead with its energy diversification and localisation programmes, drawing upon advanced expertise from multinationals. This will continue to drive UK companies’ MENA growth as the region attempts to shift from being a net-importer to a net-exporter of innovation.
