Coin

<ul class="news-points"> 
 <li>Interest among Hong Kong bankers in Middle East opportunities grows.</li> 
 <li>Bahrain-based Investcorp Holdings recently unveiled plans to launch a $1 billion fund.</li> 
 <li>The favorable tax environment in the Middle East, with zero income tax, contrasts Hong Kong’s 16% maximum rate.&nbsp;</li> 
</ul> 
Hong Kong bankers are increasingly eyeing opportunities in the Middle East as interest in Asia’s self-acclaimed “World City” increases. This trend is marked by notable developments like the upcoming market forum co-hosted by the Hong Kong Exchange and its Saudi Arabian counterpart. As revealed by <a href="https://www.bloomberg.com/news/newsletters/2024-05-02/what-hong-kong-bankers-should-know-before-moving-to-middle-east-for-new-jobs" target="_blank" rel="nofollow">Bloomberg</a>, this partnership signals the emerging collaboration between the two regions.&nbsp; 
Moreover, Bahrain-based Investcorp Holdings recently unveiled plans to launch a $1 billion fund. This initiative targets Chinese companies listed in Hong Kong, further highlighting increased cross-regional investment strategies. 
Bloomberg’s insights noted that the Middle East’s favorable tax environment is a significant catalyst for growing interest as the region’s “zero” income tax starkly contrasts Hong Kong’s 16% maximum rate.&nbsp; 
This factor, coupled with the substantial wealth of Gulf countries, promi…
The post <a href="https://coinedition.com/hong-kong-bankers-guide-to-the-middle-east/">Hong Kong Bankers’ Guide to the Middle East</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Hong Kong Bankers’ Guide to the Middle East

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