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15 handpicked stocks

Economic Diversification Champions

Invest in the ambitious transformation of Gulf nations moving beyond oil dependency. These carefully selected companies are at the forefront of building new economic pillars in technology, finance, and infrastructure, backed by massive government investment programs.

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Han Tan | Market Analyst

Updated 1 day ago | Published at June 17

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

UAE

ISHARES MSCI UAE ETF

UAE

Current price

$19.91

Provides broad exposure to the UAE's economy, including the non-energy sectors driving its diversification.

QAT

ISHARES MSCI QATAR ETF

QAT

Current price

$20.54

Offers diversified investment across Qatar's stock market, capturing growth in sectors key to its National Vision 2030.

YALA

Yalla Group

YALA

Current price

$7.64

This UAE-based social networking company is a prime example of the region's growing and diversifying digital and tech economy.

About This Group of Stocks

1

Our Expert Thinking

This portfolio targets the multi-decade shift happening in wealthy Gulf states as they deploy their oil wealth to build sustainable, diversified economies. Companies in this collection are directly benefiting from the enormous capital being invested under strategic national visions like 'UAE Centennial 2071' and 'Qatar National Vision 2030'.

2

What You Need to Know

These stocks span critical growth sectors including digital infrastructure, healthcare, financial services, and sustainable energy. The investment thesis hinges on capturing value from massive state-backed projects designed to create new economic foundations beyond traditional energy sectors.

3

Why These Stocks

We've selected both domestic champions remaking the Gulf economy and their essential global technology partners. These companies are strategically positioned to benefit from accelerating foreign direct investment and the region's emerging role as a host for major international events.

Group Performance Snapshot

8 of 15

Stocks Rated Buy by Analysts

8 of 15 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🏗️

Building Tomorrow's Gulf

These companies are constructing the foundations of a post-oil economy with billion-dollar government backing, creating potential for sustained, long-term growth beyond typical market cycles.

🌊

Catch a Multi-Decade Wave

The transformation of the Gulf economies represents one of the world's most ambitious wealth transfers, redirecting trillions from oil revenues into new sectors that could create lasting economic value.

🧩

The Missing Piece in Your Portfolio

Many investors overlook the Gulf region's remarkable transformation story, potentially missing out on exposure to economies growing faster than many developed markets thanks to massive strategic investments.

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