The Annual Investment Forum opens at its ninth session in Dubai

08-04-2019 Media in\ Dubai
The ninth session of the annual investment forum was launched at the Dubai World Trade Center under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. His Highness Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister Internal.
The opening session was attended by official delegations from more than 140 countries in the world, including President Evo Morales of the Republic of Bolivia, His Excellency Mohamed Bukhari, President of the Federal Republic of Nigeria, His Excellency Rustam Mennikhanov, President of Tatarstan, HE Ramzan Kadyrov of Chechnya, President of the Chechen Republic and a number of high-ranking officials, including four heads of state, a vice president and 40 ministers.
“On behalf of the Government of the United Arab Emirates, I am delighted to welcome all of you at the opening ceremony of the ninth session of the Forum,” said Dr. Abdullah bin Mohammed Balheif Al Nuaimi, Minister of Infrastructure Development during the session. He pointed out that the forum organized by the Ministry of Economy has achieved a prominent presence on The regional and international arenas as one of the largest investment conglomerates in the world.
He added: “We are honored today with the extensive global participation in this year’s session, which brings delegations from more than 140 countries from around the world to take the latest trends in foreign direct investment, exchange experiences, explore business opportunities and sign cooperation agreements and partnerships. Noting that this session of the Forum coincides with the year of tolerance in the UAE, which is an additional opportunity to emphasize the value of tolerance and its importance in promoting work together for partnership and development.
“Our outlook for the future is optimistic given the global economic growth we have concluded in 2018 and by 3.7 percent,” he said. “The International Monetary Fund estimates that the world economy will continue to grow by 2019 by 3.5 per cent. At the national level, the UAE remains at the top of the region In foreign direct investment inflows estimated at $ 10.4 billion in 2018, according to central bank estimates. “