How UK firms are increasingly seeking business growth in the Gulf – ArabianBusiness.com

  • Date: 12-Jan-2022
  • Source: Arabian Business
  • Sector:Economy
  • Country:Gulf
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How UK firms are increasingly seeking business growth in the Gulf – ArabianBusiness.com

UK-based businesses have been expanding their operations across the Gulf as a result of Brexit-fuelled global geographic growth, according to new research.

Lumina Capital Advisers noted the growth in UK to Middle East and North Africa (MENA) cross-border trade and deal activity between 2018-2020, fuelled by Brexit and revenue diversification opportunities.

Its report predicted that 2022 is likely to be a record year for cross-border mergers and acquisitions (M&A).