Greece Returns to Arab Investors’ Radar

Arab investments are rapidly transforming Greece’s economy, with billions of euros flowing into key sectors including energy, healthcare, tourism, real estate, and technology. Greece has emerged as a prime destination for Arab investors, drawn by its political stability, economic potential, and promising long-term growth prospects.

Healthcare: PureHealth’s Strategic Entry

A landmark deal in Greece’s healthcare sector is PureHealth Holding’s acquisition of a 60% stake in Hellenic Health Group (HHG). The Abu Dhabi-based company, controlled by the Emirati fund ADQ, is one of the largest healthcare providers in the Middle East. Through this acquisition, PureHealth now controls Greece’s largest healthcare provider, HHG, which operates 10 hospitals and 16 diagnostic centers across Greece and Cyprus, marking a significant development for both entities.

Energy: Masdar’s TERNA Energy Acquisition

In the energy sector, Abu Dhabi’s Masdar has secured a 70% stake in TERNA Energy for €3.2 billion, marking the largest energy transaction in the Athens Stock Exchange’s history and one of the most significant deals in the EU’s renewable energy sector. This investment by Masdar, a global leader in renewable energy and green hydrogen, demonstrates its strong commitment to advancing sustainable energy in Greece.

Data Centers: DAMAC and PPC Partnership

A notable collaboration has emerged between Dubai’s DAMAC and Greece’s Public Power Corporation (PPC) to construct a state-of-the-art data center in Spata. The €120 million initial investment will create a facility with a 12.5-megawatt capacity in its first phase, with plans to double capacity in the second phase. This initiative strengthens Greece’s position in Southeast Europe’s and the Mediterranean’s technology and telecommunications sectors.

Greece’s Rising Appeal to Arab Investors

Greece has become increasingly attractive to Arab investors as a secure and profitable investment destination. The surge in Middle Eastern capital reflects confidence in Greece’s political stability, economic resilience, and strategic regional position. This growing interest across energy, healthcare, technology, and infrastructure sectors signals a commitment to strengthening economic ties and contributing to Greece’s long-term development.

These investments demonstrate that Arab investors are not merely funding projects in Greece but are actively participating in shaping its emergence as a key player in Mediterranean and European economies.

Source: https://www.tovima.com/