Middle East investors investing $4.6 billion in Scotland
MEED, the Middle East business intelligence provider, is estimating that investors from the Middle East either hold or are planning investments in Scotland worth about $4.6 billion, about 10 per cent of the total foreign investment in Scotland.
International investors, including Gulf companies and funds, are attracted to Scotland by its reputation for high-quality produce, innovation and technology - the MEED is reporting. (It also tells the story of Mahdi al-Tajir, the richest man in Scotland in 2009, who set up one of Scotland's most iconic brands, the Highland Spring bottled water company, in 1979 now worth $834 million).
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