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Inside Wealth: Markets are underpricing the risk of Middle East pullback in AI, says tech investor Jack Selby

April 30, 2026·CNBC BusinessMarket Movers

Disclaimer

This news item is AI-rewritten from public sources for GCC context. For informational purposes only. Not investment advice, a solicitation, or a recommendation. Consult a licensed financial advisor before making any investment decision.

GCC CONTEXT

Geopolitical tensions and regional instability have historically created volatility in Gulf technology and foreign direct investment flows, with multinational tech firms adjusting capital allocation based on perceived risk environments. AI infrastructure expansion in the GCC—a strategic priority across Saudi Vision 2030 and UAE economic diversification initiatives—depends significantly on sustained foreign investor participation and technology partnerships, making sentiment shifts among major tech allocators relevant to regional growth projections. Risk repricing in global tech exposure to the Middle East typically filters through equity valuations of GCC-listed tech enablers, telecommunications operators, and companies with material foreign investor bases.

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