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ABU DHABI, 2nd March, 2023 (WAM) — Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia, today launched the second Investopia 2023 Annual Conference in Abu Dhabi.
The conference brings together over 2000 attendees investors, government officials, thought leaders and entrepreneurs. The event is organized in partnership with SALT, Abu Dhabi Department of Economic Development and Crypto.com.
This year’s event features 35 sessions and roundtables with more than 100 speakers including investors, thought leaders and policymakers discussing institutional asset allocation, artificial intelligence, emerging markets, venture capital, digital assets, liquidity, bio technology and other topics.
The theme of the event is “Envisioning Opportunities in an Era of Change” and three sub-themes: Envisioning Opportunities in Today’s Economy, the Future of National Wealth, and Growth Opportunities in an Era of Decarbonization.
During the opening ceremony, Al Marri said that the UAE is now in the process of doubling its economic growth, foreign direct investment inflows and investment outflows.
“The 100 per cent foreign ownership has led to a significant increase in the demand for international companies to work in the UAE to 300,000 companies, which will generate AED 2.2 trillion in revenue,” he added.
Khaldoon Al Mubarak, Managing Director and Group CEO, Mubadala, said: “Our focus on disruptive innovation in the UAE shapes the foundations of our future economy and creates solutions that benefit others. Create opportunities and advance plans to address pressing global challenges to drive our growth.”
“Mubadala’s role is to help advance the nation’s globally connected economic foundations by investing and partnering in the most promising and challenging sectors in more than fifty countries,” he added.
Anthony Scaramucci, founder and chairman of SALT and strategic partner at Investopia, commented: “The UAE has done a good job of investing in and attracting fintech talent as it strikes an effective balance between common-sense regulation and support for innovation. Global The financial industry has the largest market capitalization of any industry in the world, and financial technology has the potential to disrupt the status quo.”
Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), said: “At this epochal moment in the world economy, it is important to bring together key players in the global investment community to discuss ways to address challenges and what will shape the future .As a founding member of Investopia, the Abu Dhabi Department of Economic Development aspires to drive a fast-growing economic landscape organization”.
“Abu Dhabi has undergone a remarkable journey of change over the past few years, driven by the great vision of our leadership and our ambition to diversify the economy, and today we are living through our golden age – and what we see is Rising falcon economy,” he added.
“Our economy continues to be a dominant force, driven by our leadership’s clear vision, flexible policies, and a robust regulatory and legal framework designed to encourage and facilitate foreign and domestic investment (DDI and FDI). The rapid growth of our economy growth and growing international confidence to live, invest and prosper in Abu Dhabi. This remarkable expansion has been driven by growth in various non-oil sectors of our economy and is the result of a joint public and private sector effort ,” concluded Al Zaabi.
Sessions include: Unlocking the Potential of South-South Investment in Emerging Markets, The FinTech Revolution, Growth Opportunities in Today’s Economy, Mobilizing the New Economy, Reimagining Regional Economic Development Through Finance, Ventures into Untapped Markets: Private Growth Investing, Food Security in an Era of Climate Change , Trends in Household Wealth, Innovation in Precision Medicine, Beyond Borders: Harnessing the Power of Global Trade to Boost Investment and Growth, and How Blockchain Will Transform Finance.
Additionally, the event will feature a series of closed-door roundtables organized by the UAE-Canada Business Council, the Finnish Business Council and the Emirates News Agency (WAM), in addition to an investment session bringing together leaders from global financial and non-financial institutions to discuss the investment sector Partnership and investment opportunities. In addition to new projects in the healthtech sector, Investopia also witnessed new partnerships.
It is also worth noting that 56% of the Investopia 2023 conference participants are from the UAE, 44% from abroad (over 100 countries), 75% from the private sector, 13% from the public sector and 6% representing academia and students , in addition to 6% from other international organizations and diplomatic missions.
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