Investopia, the global investment platform launched by the UAE government, has announced the signing of a memorandum of understanding for a new partnership with the UAE Development Bank, one of the main financial engines of economic development and industrial progress in the UAE.
Under the terms of the MoU, this partnership forms the basis for a joint collaboration between Investopia and the UAE Development Bank, which will see both entities leverage their core competencies to drive economic growth, diversification and industrial transformation in new economies, Their respective capabilities as a leading financial institution and as a global thought leadership and investment platform connecting opportunities and capital.
Regarding the partnership, Investopia CEO Mohamed Naser Al Zaabi said: “Through this partnership, Investopia and the EDB will collaborate to enrich discussions on new economies, primarily during the Investopia Annual Conference in March 2023.”
“Both Investopia and EDB focus on many similar areas and industries, such as technology and healthcare, which will help Investopia’s investment community discuss and identify investment opportunities in key sectors,” he said after signing the agreement with the CEO of the UAE Development Bank Said Ahmed Mohamed Al Naqbi in the presence of Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia.
“The UAE Development Bank is delighted to sign a Memorandum of Understanding with Investopia. The Investopia 2023 conference is a high-level strategic event that provides a platform for attendees to engage with regional and global investors, government representatives and business leaders from various industries,” Point out Nakbi.
“Our mission is to drive sustainable economic growth while building partnerships that contribute to the nation’s economic growth and industrial advancement. We look forward to meeting all key stakeholders at the event and having productive discussions,” he added up.