EBG Sectors

“We are determined to reinforce and diversify the capabilities of our economy, turning our key strengths into enabling tools for a fully diversified future.”

Crown Prince Mohammed bin Salman on the future of the Saudi economy

Exploring the Region

Countries in the Middle East and North Africa region are undergoing an economic renaissance. Long reliant on oil and gas and related resources, countries in the Gulf are now investing heavily in other sectors to develop a more diversified and resilient economies of the future. EBG has expertly navigated a wide range of sectors for its customers based on our analysis of the needs and opportunities in the region.  We have helped them find solid footing in sandy terrain.  Through our network and in-house expertise we support customers from the following industries which offer the largest opportunities for U.S. and European innovators and cutting-edge companies.

We support clients across a range of high-impact sectors:

  • Healthcare & Biotechnology

  • Conventional & Renewable Energy

  • Infrastructure, Construction, & Engineering

  • Emerging Technology, and AI

  • Financial Services and Fintech

  • Education, Research, & Training

  • Defense & Cybersecurity

In addition, education, research, and workforce development, logistics and advanced manufacturing, and financial services (especially fintech and ESG finance) represent strong entry points. The GCC’s shift toward knowledge-based economies has created a large appetite for Western partnerships in vocational training, STEM education, and edtech. The growing e-commerce sector and geopolitical centrality of the Gulf have also boosted the demand for supply chain solutions and high-tech manufacturing. Meanwhile, both Saudi Arabia and the UAE are working to deepen and digitalize their capital markets, presenting opportunities for Western asset managers, regtech providers, and sustainability-driven investors. Taken together, these sectors align well with both local national visions and the core competencies of U.S. and European firms seeking long-term footholds in a rapidly evolving region.

Elliott Barrett Group is focused on supporting U.S. and European innovative companies capture and capitalize on the opportunities that these countries offer in priority sectors through their expansive diversification agendas. Our industries of focus align with the sectors identified by governments in the region as priorities for their diversification strategies.

The New Middle East

The Gulf Cooperation Council (GCC) region—particularly Saudi Arabia and the UAE—presents a wealth of opportunities for U.S. and European companies across high-growth, strategically prioritised sectors. One of the most promising is renewable energy and clean technology, as both countries push to meet ambitious net-zero goals and reduce reliance on hydrocarbons. Saudi Arabia’s Saudi Green Initiative and the UAE’s leadership in solar and nuclear energy create demand for American and European expertise in grid infrastructure, hydrogen technologies, energy storage, and carbon capture solutions. Similarly, smart city development, including AI integration, urban mobility, and sustainable construction, opens doors for firms with innovative urban planning and digital infrastructure capabilities.

Another high-potential area is healthcare and life sciences. Both Saudi Arabia and the UAE are investing heavily in healthcare modernization—driven by aging populations, increasing lifestyle-related diseases, and a drive to become regional medical tourism hubs. Opportunities exist in hospital management, medical devices, pharmaceuticals, biotech, and digital health platforms. U.S. and European companies with advanced R&D capabilities, telemedicine technology, or specialised medical services can find strong demand, especially as Gulf states prioritize localization of production and knowledge transfer under initiatives like Vision 2030.