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The Dubai Investment Development Authority (Dubai FDI) is the investment promotion agency of the Dubai economy. In the second quarter of 2021, it will continue to have virtual contacts with investors through a series of six webinars, focusing on food and agribusiness, healthcare, and Technology.
The webinars connecting with investors from different parts of the world (including Europe, South Asia, Asia-Pacific and the Far East) are supported by major government and private sector partners, making them an effective platform for stakeholders to discuss foreign direct investment (FDI) ) Opportunities and Dubai’s advantages in strategic areas.
Ibrahim Ahli, Director of Dubai Foreign Direct Investment Investment Promotion Department, Said: “The UAE has strengthened its geographical advantages and established strong trade and investment partnerships with many countries in the world. Our leadership ensures the continuity and development of the strategic vision in a way that responds to public health needs, while ensuring Business continuity and growth, despite the challenges of the global climate. The Dubai Advantage webinar provides a platform for focused discussions among potential investors, the Dubai foreign direct investment team, and key public and private sector partners. We as a team Work together and continue to showcase Dubai’s advantages globally to maintain its status as one of the world’s top FDI destinations.”
In the second quarter of 2021, investment partners from China, India, Italy, and Australia worked with government and organizational spokespersons to expand trade and investment opportunities.
The Dubai Advantages webinar with Chinese investors, organized by Dubai Branch of Industrial and Commercial Bank of Dubai, the strategic partner of Dubai’s foreign direct investment, and supported by Dubai Health Authority (DHA) and Dubai Science Park (DSP), was held on June 6.day In April 2021, focus on the healthcare industry.
Indian investors participated in the 12th webinarday April 2021 on the opportunities in the technology sector in Dubai. The webinar was organized by Musthafa & Almana, a Dubai FDI strategic partner, and supported by TECOM entities such as Dubai Media City, Dubai Studio City and Dubai Production City.
Dubai’s advantages in the healthcare sector were communicated to investors from Italy on the 19thday In May 2021, at a webinar organized by Dubai’s FDI strategic partner MESCO Group and supported by Dubai Health Authority (DHA), Dubai Healthcare City Authority (DHCA) and Dubai Science Park (DSP).
Italian investors also set their sights on the technology industry at the webinar held on September 9.day In June 2021, it was organized by Dubai FDI strategic partner MESCO Group, supported by Smart Dubai, Dubai Future Foundation (DFF) and Dubai International Financial Center (DIFC).
On the 16th, the healthcare industry once again became the focusday Available to Australian investors in June 2021. The webinar was organized by Dubai’s foreign direct investment strategic partners, the Australian Arab Chamber of Commerce and Industry (AACCI) and the Australian Business Council of Dubai (ABCD), and was supported by Dubai Health Authority (DHA), Dubai Healthcare City Authority (DHCA) and Dubai Science Bureau of Support Park (DSP).
Financial technology (fintech) is in relation to Indian investors 22nd In June 2021, it was organized by Dubai FDI strategic partner Musthafa&Almana, and was supported by the Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC) and the DIFC Court.
Dubai has positioned itself as the “city of the future”, and the core of its mission is the happiness of its residents. In the region, Dubai remains an important gateway to emerging markets, despite its advanced infrastructure positioning it as a global trade and investment center.
Every industry focused on during the webinar in the second quarter of 2021 is of strategic significance to the development of mutually beneficial business partnerships in Dubai. In the field of healthcare, centers of excellence in specialized fields such as cardiology, neurology, and rehabilitation, as well as the production of pharmaceuticals and medical devices, are attractive investment opportunities. The steadily growing population and strategic focus on medical tourism make Dubai an attractive proposition for healthcare investment.
In the field of technology, artificial intelligence, 3D printing, cyber security, financial technology and health IT are of great strategic significance to Dubai and will accelerate their adoption in 2020-21. Dubai has a first-mover advantage. It is one of the main locations in the world to promote the testing and implementation of emerging technologies of the Fourth Industrial Revolution (4IR) and to incubate high-tech startups.
Dubai’s growing population makes food and agricultural businesses vital to future economic growth. The city’s dynamic ecosystem of food production and export, as well as its re-export capacity, has enhanced the investment potential of agribusiness. Dubai has first-class fresh produce facilities and continues to focus on strategic investments and policies to strengthen the industry. Research and development as well as agricultural technology innovation to support various crops and yields remains an area of focus.
Dubai continues to maintain a high position in indexes related to foreign trade competitiveness and ease of starting a business. These advantages are communicated to the participants through the speeches of the Dubai government agencies and the Dubai FDI team in the interactive webinar. Investors have the opportunity to ask questions and have one-on-one exchanges with the speakers.
The UAE is on a growth track in attracting investment and increasing trade. The country has announced plans to expand its foreign trade scope by entering 25 new international markets as part of a move to increase exports by 50% in the next few years. The UAE’s annual non-oil trade has exceeded 1.5 trillion dirhams. Its logistics network covers 400 cities around the world. As the second largest economy in the Arab world, the UAE spends 1.3% of its GDP on research and development.
Dubai has a strong performance in attracting investment in 2020, with 455 projects worth AED 24.7 billion, highlighting the fundamentals of its FDI location selection, economic flexibility, sector diversity and FDI future readiness, ranking fourth in the world.
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