GCC Investment Banking Boom: Shifting Focus From Oil to Assets
The Gulf Cooperation Council (GCC) region is witnessing a significant transformation in investment banking. Traditionally centered around oil, the sector is now diversifying rapidly, with increased focus on infrastructure, renewable energy, technology, and other asset classes. Governments and financial institutions are driving this shift to build more resilient, future-ready economies. This evolution reflects broader economic reforms and a strategic move to attract global capital, reduce oil dependency, and enhance long-term financial sustainability in the region.