[ad_1]
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, said public-private partnerships should invest in the integration and interconnection of supply chains.
In his keynote address at the Annual Investment Meeting (AIM) 2023 at Adnec in Abu Dhabi, Dr Al Zeyoudi highlighted the importance of sustainable global economic growth in terms of integrating different sectors and adopting deployment-based investment policies Advanced technologies that reduce carbon emissions and rely on clean and renewable energy for sustainable development.
He referred to the results of the 2022 Foreign Direct Investment Report published by the United Nations Conference on Trade and Development, which ranked the UAE first in the region and 19th globally in terms of its ability to attract FDI. The report also ranks the UAE 17th globally in terms of outbound investment, with investment flows from the UAE reaching $22.5 billion in 2021, a 19 percent increase over 2020.
investment aggregation
Furthermore, Dr. Al Zeyoudi highlighted the importance of AIM as one of the largest investment gatherings in the world, bringing together senior officials, investors and business delegations from different countries to meet, discuss and build strategies in Abu Dhabi partnership, cementing its position as a global center for business growth and development and a destination of choice for international events and exhibitions.
AIM is organized under the patronage of His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council.
Organized in partnership with the Ministry of Industry and Advanced Technology and the Abu Dhabi Department of Economic Development, this year’s AIM is themed ‘Investment Paradigm Shift: Future Investment Opportunities for Sustainable Economic Growth, Diversity and Prosperity’.
The global event witnessed a wide range of government ministers, policymakers and industry leaders from all over the world, as well as investors, senior representatives of multinational and large corporations, start-ups, SMEs, smart city solution providers, technology service providers, and representatives from A large number of visitors from more than 170 countries around the world.
Keynote Speech
Day one of AIM Global 2023 kicked off with a series of keynote speeches and live panel discussions with top policymakers and business leaders who shared their experience and expertise with participating delegations, focusing on current economic conditions and potential investment opportunities.
The list of speakers includes prominent officials and economic figures such as Ahmed Jasim Al Zaabi, chairman of the Abu Dhabi Department of Economic Development (added).
In his keynote address, Al Zaabi highlighted the tremendous progress Abu Dhabi has made in its economic diversification strategy and has established a solid foundation for continued development of a knowledge-based, innovation-driven economy.
He said: “Abu Dhabi is witnessing the rise of the falcon economy, driven by flexible policies and a robust regulatory and legal framework, making us a mainstay for companies looking to expand their operations in the region. Our rapid economic growth, coupled with the growing international community’s confidence in living, investing and prospering in Abu Dhabi, make us an ideal destination of choice.”
He said: “Abu Dhabi’s real GDP in 2022 has exceeded AED1 trillion (US$270 billion), with the non-oil sector accounting for 50% of GDP, once again proving the need to encourage public-private partnerships and domestic The success of our economic diversification strategy with foreign investment. Our aim is to increase Abu Dhabi’s non-oil exports by 143% to AED178.8 billion by 2031.”
success story
Al Zaabi further explained: “Abu Dhabi’s remarkable success story is only in its infancy and it will continue to thrive as the region’s most competitive industrial, trade and financial destination. We continue to provide unparalleled support and incentives , to help global businesses succeed through business enablers and innovation hubs, as well as credible investment entities that provide funding.To strengthen Abu Dhabi’s economy and accelerate economic diversification, we have launched a series of bold initiatives to build on our business-friendly ecosystem. This is a testament to Abu Dhabi’s role as a business enabler and our efforts to provide a solid infrastructure for businesses to thrive.”
The day featured global leaders debates and fireside chats with Russia, attended by ministers, senior government officials and senior officials from international organisations. In parallel, several panel discussions were organized as part of AIM Global 2023’s Investment Track and Innovation and Technology Track.
Under the investment track, the first session discussed “Global Economic Outlook: Beyond Paradigm Shifts, Next Steps for Investment Markets”, exploring opportunities for FDI and FPI in identifying changes that will alter the global investment landscape.
This will be followed by a session on ‘Abu Dhabi IPO Fund’, followed by a session titled ‘Putting FPIs into a Greener World’ and concluding with a session on ‘Creating Resilient Supply Chains to Enhance Growth Opportunities’ .
futuristic city
Meanwhile, the Innovation and Technology track focuses on the city of the future, the transition between digital transformation and future transformative technologies, and building the city of the future with foreign direct investment. In addition, the role of start-ups in achieving economic growth and the role of SMEs in expanding technology markets, implementing more modern technological solutions and attracting investment are discussed.
The “2023 Entrepreneur Investment Summit” held at the same time is hosted by the League of Arab States, and the Federation of Arab Chambers of Commerce, the Arab African Economic Development Bank, and the Investment and Technology Department of the United Nations Industrial Development Organization undertake the promotion office – Bahrain. The summit provides a platform dedicated to promoting bankable investment opportunities led by entrepreneurs, SMEs and macro investments in the region, among other objectives.
The World Health Organization’s Local Production Forum discussed the importance of enhancing access to medicines and other health technologies through collective action, and investing in innovation and technology transfer to improve and sustain health care delivery.
Bad Loan Opportunities
The Global Credit Management and Non-Performing Loan Investing Forum, hosted by DDC Financial Group, featured three conversations exploring available opportunities for investors in the non-performing loan space and the current economic environment and its impact on rising interest rates, among other topics .
The first day of the Forum was well attended and featured prominent representatives from various countries including Moscow, Armenia, Georgia and Namibia presenting their top investment opportunities. There is also the Association of Southeast Asian Nations (ASEAN) Regional Focus Forum, organized in partnership with the ASEAN Business Advisory Council. — trade arab news agency
[ad_2]
Source link