What is going on in Levant

Levant was name historically applied to the eastern Mediterranean coastal lands of Asia Minor and Phoenicia (modern-day Turkey, Syria, and Lebanon). In a wider sense, the term can be used to encompass the entire coastline from Greece to Egypt. Our research team decided to add countries bordering the Red Sea, as their policies and 21st century leaders have been doing much in policy making and investment philosophy, as to stretch influence and reach across the Med.

In the early summer of 2023 Europe is a slow brew of a volatile economic and political stage. Germany is in a technical recession, with a cumulative GDP decline of 0.9% in Q4 2022 and Q1 2023. Compared to earlier recessions where GDP losses ranged between 1 1⁄4% and 2% (with the exception of the COVID- recession in H1 2020 causing a GDP slump of 10.8%, it is no joke. France is on fire while Spain and Italy are virtually absent from European politics. Smaller EU member states are facing the understanding they are entirely on their own, near-to-mid term. They must seek strategic alliances and innovation support elsewhere.

Our research team believes that the region of Levant is a very viable place to forge them.

Why now? Looking back, in the early 80's Turkey was embroiled in internal conflicts, Egypt was a totalitarian regime and Israel was dressed in a veil of political controversy, while dealing with an enormous internal social gap. Greece was curing its military junta past and building a new type of social fabric. Fast forward half a century, and we see Turkey and Egypt became tremendously larger and confident in dealing with G-7, as their populations leaped from 40-45 million inhabitants then to 90-100+ today. They are forming centres of gravity in trade and vertical industry competences akin to their natural resources.

Israel stands out as the region's second largest and so far star performer economy of the Middle East. Their real estate has become prohibitively expensive and their digital transorma impetus exceeds any European digital economy. They bask in academic research, the startup ecosystem is next to none globally and logically, Israel´s US stock market listing makes it the second largest digital economy in the world. Their industrial and digital industry champions dominate Europe and sometimes the global economy (Waze, Teva, Midgal, Checkpoint).

The name 'Egypt' comes from the Greek Aegyptos which was the Greek pronunciation of the Ancient EgyptIan name 'Hwt-Ka-Ptah' ("Mansion of the Spirit of Ptah"), originally the name of the city of Memphis, the first capital of Ancient Egypt and a city founded earlier than 31st century BC (Wikipedia).