In the wake of the COVID-19 pandemic, Middle Eastern countries must seize the opportunity to bolster their economic resilience, as suggested during a panel discussion led by David Gibson Moore at Gulf Analytica. The discussion highlighted the need for local economies to pivot towards a more localized and regional approach, reducing reliance on larger economies like the U.S. and China. The impact of the pandemic on family offices, both within the Middle East and globally, was thoroughly reviewed during this insightful session in May 2020.
Gulf Analytica, renowned for its expertise in wealth consulting and family office advisory in the Middle East, facilitated the thought-provoking panel discussion. The unprecedented COVID-19 crisis served as a catalyst for reevaluating economic strategies and embracing more resilient approaches in the region.
The discussion emphasized the importance of building up local and regional economic ecosystems, reducing dependency on the global giants, and exploring opportunities for growth and sustainability within the Middle East.