Eurasia Capital has established Eurasia Capital Gulf Limited, its new subsidiary, incorporated in the United Arab Emirates (UAE). Eurasia Capital intends to attract investors from the countries of the Gulf Cooperation Council (GCC) into Mongolia and Central Asia. GCC members include Saudi Arabia, the UAE, Kuwait, Qatar, Oman and Bahrain.
Alisher Ali, the Arabic speaking Chairman of Eurasia Capital says:, "GCC countries represent strategic importance for Eurasia Capital as our Firm intends to facilitate significant investment inflows from this region into the resource rich Mongolia and Central Asia."
GCC countries have the total GDP of over USD1 trillion, possess 37% of the world’s total oil reserves and accumulated over USD1.5 trillion in various sovereign wealth funds (SWFs), which represent 35% of the total assets, held by SWFs globally. Abu Dhabi Investment Authority, Kuwait Investment Authority and Qatar Investment Authority are among the world’s largest SWFs. In recent years Gulf investors have become among most active international investors, actively expanding into emerging and frontier markets.
The recent visit of Mongolian Prime Minister Batbold to Kuwait and the UAE in January 2011 became catalyst for expanding relationships between Mongolia and the Gulf countries. The Emir of Qatar is expected to make his State visit to Mongolia in coming weeks. Qatar has been the world’s fastest growing economy, expanding 7.4 times in 2001-2010 at annual growth rate of 25%. Through development of its massive natural resources, Mongolia is expected to assume the title of the world’s fastest economy in 2011-2020, growing 20% per annum throughout next decade.
Eurasia Capital plans to establish relationships with sovereign wealth funds, financial institutions, family offices and private investors in the Gulf region. The Firm will advise clients on investment opportunities in energy, mining, infrastructure, property, financial services and other high growth sectors in Mongolia and Central Asia. Eurasia Capital will organise the Mongolia Investment Conference in Abu Dhabi in the second half of 2011.
Eurasia Capital will be actively working with its well-established partners in the region, including MAC Capital, a Dubai-based investment bank, a partner from Global Alliance Partners (GAP), where our firm is a Mongolian partner. Eurasia Capital is hosting the 6th annual GAP conference and Mongolia Investment Conference in Ulaanbaatar, Mongolia in May 24-26, 2011.
Eurasia Capital is a pan-regional investment bank with a focus on Mongolia and Central Asia. Headquartered in Ulaanbaatar, the Firm offers cross border M&A and advisory, capital raising, sales & trading and research services to its international and regional clients including government agencies, major energy and resource companies, sovereign wealth funds, private equity groups and global portfolio investors.