INVESTHK VISITS MIDDLE EAST TO ATTRACT BUSINESS INVESTMENT TO HONG KONG

Associate Director-General of Investment Promotion at Invest Hong Kong (InvestHK) Mr Charles Ng will commence his duty visit to the Middle East from today (April 6) to April 10, with key engagements in Saudi Arabia and the United Arab Emirates (UAE).

HONG KONG SAR - Media OutReach Newswire - 6 April 2025 - Associate Director-General of Investment Promotion at Invest Hong Kong (InvestHK) Mr Charles Ng will commence his duty visit to the Middle East from today (April 6) to April 10, with key engagements in Saudi Arabia and the United Arab Emirates (UAE). The visit underscores Hong Kong's commitment to deepening economic ties with these dynamic markets and promoting the city as a premier gateway for Middle Eastern businesses seeking opportunities on the Mainland and in the broader Asia-Pacific region.

Hong Kong has a strong, long-standing and ever-growing relationship with the Gulf region including Saudi Arabia and the UAE, marked by increasing co-operation in finance, trade, and investment. The city's merchandise trade with the Cooperation Council for the Arab States of the Gulf reached US$21.6 billion in 2023. These partnerships are further strengthened through initiatives such as the Belt and Road Initiative, which fosters greater connectivity and economic opportunities.

"Amid an increasingly complex global landscape and geopolitical uncertainties, countries in the Middle East are actively diversifying their investments. Hong Kong, as a global financial centre and a 'super connector' between the Mainland, Asia, and the rest of the world, is uniquely positioned to support this shift," said Mr Ng. "Under the 'one country, two systems' principle, our city offers a robust legal system, free flow of capital and information, and internationally aligned regulations. Beyond finance, Hong Kong is also a hub for trade, logistics, innovation and professional services. It serves as a gateway for Middle Eastern partners to tap into the Mainland and the broader Asia-Pacific region."

As part of its commitment to financial diversification, the city has developed a supportive platform for Islamic finance, including sukuk issuance and tax law amendments to ensure a level playing field with conventional bonds and the successful launch of three government sukuk. It continues to welcome more Islamic financial institutions and products to leverage Hong Kong's international financial platform and tap into opportunities across Asia and the Mainland.

During his visit to Riyadh, Jeddah and Dubai, Mr Ng will participate in numerous high-level business roundtables co-organised with Asia House, bringing together representatives from prominent businesses, family offices, and investors. He will also meet with representatives from leading Middle Eastern companies and discuss how establishing a presence in Hong Kong can drive their global expansion strategies.

These engagements aim to strengthen economic ties, foster collaboration, and attract more businesses from the Middle East to invest and expand through Hong Kong. By leveraging Hong Kong's unique position as a global financial and multinational supply chain management hub, InvestHK seeks to facilitate mutually beneficial partnerships that drive innovation and growth across regions.

By InvestHK

Source: VIR

Related News

VIETNAM ECONOMY INVESTMENT

MOF'S FIRMS REPORT STRONG GROWTH IN NINE-MONTH

State-owned groups and corporations represented by the Ministry of Finance (MoF) recorded combined revenue of more than VNĐ2 quadrillion (US$79.5 billion) in the first nine months of 2026, up 28.7 per cent year-on-year, while consolidated profit before tax reached nearly VNĐ160 trillion, equivalent to 140.3 per cent of the full-year target.

Oct 21, 2026

TECHNOLOGY

TECH SECTOR GROWTH OPENS UP OPPORTUNITIES FOR VIỆT NAM TO GO GLOBAL

The growth of the electronics, semiconductor and high-tech sectors worldwide is opening up a variety of opportunities for Vietnamese enterprises to integrate more deeply into the global supply chain. However, to become suppliers for these corporations, domestic enterprises must meet rigorous standards regarding quality, technology, productivity and order fulfilment capabilities.

Oct 21, 2026

VIETNAM ECONOMY INVESTMENT

SME REVENUE THRESHOLD PROPOSED TO BE RAISED TO $15.2 MILLION

The government has proposed raising the annual revenue threshold for classifying small- and medium-sized enterprises (SMEs) to VNĐ400 billion (US$15.2 million), from currently VNĐ300 billion, as part of a draft law on the development of SMEs. Minister of Finance Ngô Văn Tuấn presented the draft law, which is intended to replace the Law on Supporting SMEs 2017, to the National Assembly at a meeting late last week.

Oct 21, 2026

BANKING / FINANCE / INSURANCE / TAX

REMITTANCES TO HCM CITY RISE NEARLY 40% IN Q3

Remittances to HCM City reached more than US$2.83 billion in the third quarter of this year, up 39.5 per cent from the previous quarter and 3.6 per cent year-on-year. This was the first quarter showing positive annual growth this year, helping narrow the decline in remittance inflows over the first nine months. According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled $2.835 billion in Q3, an increase of more than $802 million from the previous quarter.

Oct 21, 2026

PROPERTY / INDUSTRIAL ZONE

HCM CITY ATTRACTS US$5.7 BILLION INTO EXPORT PROCESSING AND INDUSTRIAL ZONES

HCM City attracted US$5.7 billion in domestic and foreign investment into its export processing and industrial zones during the first nine months of 2026. The figure exceeded the city's full-year target by 31 per cent, highlighting strong momentum in high-quality industrial investment under Resolution No.10-NQ/TW. Total investment reached 131 per cent of the 2026 target of $4.25 billion and represented a 29 per cent increase compared with the same period in 2025, according to the city's Export Processing and Industrial Zones Authority (HEPZA).

Oct 21, 2026

CHARITY / EXHIBITION / OTHER EVENTS

INVESTMENT OPPORTUNITIES IN CA MAU PROVINCE: 96 PROJECTS AND 20 STRATEGIC PROJECTS

We are pleased to share with you information on investment projects currently seeking investors in Ca Mau Province. Should your esteemed company or association be interested, we kindly invite you to review the project information and complete the registration form via the links provided. The Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) will consolidate the expressions of interest and facilitate connections with the leadership of Ca Mau Province at a meeting tentatively scheduled for 13 November 2026 in Ho Chi Minh City.

Oct 16, 2026