Abu Dhabi is home to some of the world's largest sovereign wealth funds (“SWFs”), economic development entities, and both royal and private family offices - with over $3 trillion of assets and projects under management.
Abu Dhabi provides not only strong access to capital, but boundless opportunities for P/P to connect and participate in the nation’s truly remarkable journey of economic development and ascension.
Business opportunities ebb and flow through valuable connections and relationships that evolve over considerable lengths of time and are built painstakingly on trust, respect, confidence, and commitment.
Being a known and trusted local, licensed entity with a committed regional presence and providing continuity of engagement and service are all now prerequisites for originating and concluding major transactions, and it is this factor that sets P/P apart from its global peers.
The UAE’s transition into clean energy, driven by the UAE’s Net Zero by 2050 Strategic Initiative (into which UAE government aims to invest AED 600 billion ($163bn) to target this initiative), points to a land of immense clear and present opportunity for the those within the energy transition space.
Countries and companies that lead in renewable energy investment position themselves as pioneers in the fight against climate change, gaining reputational benefits and potentially attracting environmentally-conscious consumers and investors.
Investing in energy transition thus offers a multifaceted array of opportunities that extend beyond financial returns. It enables us to address climate change, stimulate economic growth, drive innovation, enhance energy security, promote social equity and inclusivity, and foster geopolitical stability. By embracing this transition, we can create a more sustainable, prosperous, and equitable future for generations to come. For the Middle East, this is both the time and the place to spearhead this transition, paving the way for its own natural and seamless transition away from oil and gas revenues.
The region’s urgent and determined undertaking to achieve national food security, following potentially catastrophic scenarios raised by Covid-19, in tandem with regional ambitions to significantly broaden financial and commodity trading hubs and platforms offer a plethora of opportunity for global food and agriculture industry in forming selective strategic partnerships with the Middle East, across the entire spectrum of the food chain – from farm to table. Furthermore, the region has a bold and determined drive to be at the very forefront of ever-evolving technology advancements (with major initiatives to digitise the economy from top to bottom, together with a colossal appetite for investing heavily into AI, Blockchain, robotics, agri- farming, hydroponic systems and food science, especially involving lab-grown meat and fish).
This all points to boundless opportunity for those at the cutting edge of emerging technologies to engage with the Middle East in strategic partnerships that will help transform and innovate the regional economies, deliver in country value, develop human capital through knowledge transfer, and help leave a legacy of career choice and opportunity for the younger generation and those to come.