Gulf tech firms turn to Hong Kong and Singapore as Iran war grinds on

AI Summary

Gulf tech firms, including AI-powered trading platform xBratAI, are accelerating their expansion plans to Hong Kong and Singapore due to ongoing conflict in the Middle East. Many firms are moving sooner than planned to mitigate risks related to the Iran conflict and regional instability.

Paul Bratby had already drawn up plans for expanding to Hong Kong when war broke out in the Middle East earlier this year. But the founder of xBratAI, a Dubai-based AI-powered trading signals platform, soon brought that timeline forward as the Iran conflict dragged on and widened in scope. “Our Hong Kong entity had been scheduled for a few years later, but we established it in early 2026,” he said. Bratby is not alone in looking east. As missiles continue to target Gulf capitals and shipping...