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Investopia 2023 launches ‘Marketplace’ investment platform

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Investopia 2023 will launch its innovative investment platform ‘Marketplace’, which aims to enhance the UAE’s attractiveness for foreign investment.

The investment objects are various economic and commercial fields, especially the new economic field. Furthermore, the market aims to position the UAE as a leading investment destination on a regional and global level.

The launch will take place during the second Investopia conference in Abu Dhabi, the capital of the United Arab Emirates, on March 2-3.

flexible policy

Abdulla Bin Touq Al Marri, Minister of Economy and Chairman of Investopia, said the UAE pursues competitive and flexible investment policies that help improve its investment climate and position it as a key player on the global investment map.

He emphasized that the Marketplace platform supports the UAE’s ambitious vision “We the UAE 2031”, which aims to provide the business community with new investment opportunities and enablers through a single portal, establishing the UAE as a leading global partner and a desirable and influential economic hub, which enhances the country’s attractiveness to potential investors and supports a plan to double the country’s gross domestic product to AED3 trillion ($820 billion) by 2031 Target. “

Investopia Marketplace is open to members of the Investopia community including local, regional and global partners, venture capitalists and angel investors, institutional investors, large investment funds, sovereign wealth funds, family investment offices and banks.

new economy

The platform provides opportunities for all promising new economic sectors such as renewable energy, healthcare, transport, logistics, agriculture and financial technology, among other promising new sectors that will benefit from technology and innovation and lead the growth of the UAE in the next decade , which helps to increase investment flows to future projects and sectors.

Investopia will also support the UAE’s goals at the international level, notably by supporting its green growth agenda and working to stimulate international investment in sustainable and environmentally friendly projects.

Investopia will work closely with its strategic partners and industry leaders, including the International Finance Corporation (IFC), SALT, Crypto.com and iConnections, to develop the newly launched platform.

The platform will allow companies from the public and private sectors, institutions, governments, and investors from the global Investopia community to explore and invest in opportunities, including cities hosting Investopia’s global talks such as New York, Milan, Rabat, New Delhi, Mumbai, Cairo, Havana etc.

investment project

Within the working mechanism of the platform, companies, institutions and governments are guaranteed to present their investment projects and opportunities, sectors, locations, stages, objectives and the funds required for their projects. In turn, Investopia’s community of investors and partners vet projects and select those that fit their portfolio and investment strategy.

The market currently includes various investment projects proposed by many countries around the world, especially in energy fields such as hydropower, as well as agricultural projects from Kyrgyzstan. In addition, there are projects from Romania in the fields of energy and electricity.

Investopia has set an ambitious goal to accelerate the pace of attracting investment to the country, attracting AED550 billion in FDI to the country by 2031 and AED1 trillion by 2051.

FDI in the country is continuing to grow, with the UAE attracting US$20.7 billion worth of FDI in 2021, a 4% increase from 2020, placing the UAE first in West Asia, the Middle East and North Africa.

According to a report released by the Institute of International Finance, foreign direct investment inflows into the country are expected to reach US$22 billion in 2022, accounting for 4.3 percent of the gross domestic product (GDP) of the national economy. This reflects the confidence of investors and businessmen in the UAE as a global investment and trade destination. — trade arab news agency

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