Gulf to Reach $33.52B in Bio and Hydrogen Investment by 2030
At the 2026 Global Investment Summit in Paris, it is projected that Gulf investments in the biotechnology and renewable energy sectors for hydrogen production will exceed $33.52 billion by 2030, compared to $16.67 billion in 2023, representing growth of over 100%. Investments in biotechnology are expected to rise from $6.3 billion to $10.75 billion (approximately 71%), driven by increasing demand for medical technologies and genetic research. Meanwhile, renewable energy investments are set to double from $10.37 billion to $22.77 billion (around 120%), fueled by the utilization of natural resources and the expansion of low-emission hydrogen projects. The event aims to direct 25% of investments toward innovative technologies and to adopt ESG sustainability standards in more than half of the projects. It is also anticipated that European flows will reach $28.59 billion, with the creation of 15 joint ventures and 8 strategic partnerships to promote growth in energy and technology sectors through 2030.
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