The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

In the Middle East, fertility is the next big investment trend

As birth rates fall and the UAE government looks at ways to spur population growth, private equity firms see opportunities in IVF.


Babies are set to become big business in the UAE as the government looks at ways to tackle the low birth rate among Emiratis. This presents new investment opportunities in long-term demographic changes, which should not be ignored by investors.  

A renewed focus on fertility is not just applicable to the UAE. In broader emerging markets, a new study links fertility to savings rates and economic growth, and explains why the risk of debt distress is higher in countries with higher birth rates.

As investors focus on long-term factors such as sustainability and climate change, fertility – and its impact on the economy – should not be ignored.

Birth rates among Emiratis have dropped rapidly over the last half century, from 6.9 births per mother in the 1960s to 1.4 in 2017, according to data from the World Bank. The average for the region is 2.8.

In a bid to stimulate population growth, the UAE is offering to pay for three rounds of in-vitro fertilization treatment a year for Emirati women.

As a result, the fertility sector is projected to grow at a compound annual growth rate of 15% a year, an opportunity spotted by private equity firms across the Gulf.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree