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Abu Dhabi, April 27 / The Annual Investment Forum 2023, which will be hosted by Abu Dhabi from May 8 to 10, sheds light on the global investment scene and the need to develop mechanisms to stimulate and stimulate investment and formulate innovative investment policies that contribute to facilitating the flow of capital and foreign direct investment in light of the effects of Technological developments, climate change, geopolitical tensions, and inflation.
The forum, in its 12th session, which is being held at the Abu Dhabi National Exhibition Center, under the slogan “Transformation in Investment Aspects … Future Investment Opportunities to Promote Sustainable Economic Growth, Diversity and Prosperity”, and is supported by the Ministry of Industry and Advanced Technology and the Department of Economic Development – Abu Dhabi, the main partner, seeks to Drawing a roadmap towards a more resilient, advanced and sustainable global economy by linking foreign direct investment opportunities with emerging economies to enhance global economic growth and contribute to achieving the goals of sustainable development.
According to the Foreign Direct Investment Report for the year 2022 issued by the United Nations Conference on Trade and Development (UNCTAD), the UAE is the first regionally and the 19th globally in terms of its ability to attract foreign direct investment, and the UAE ranked 17th in the world in terms of its foreign investments, as investment flows amounted From the UAE, $ 22.5 billion in 2021, an increase of 19% compared to 2020.
His Excellency Rashid Abdul Karim Al Balushi, Undersecretary of the Department of Economic Development – Abu Dhabi, said: We are pleased to host the annual investment forum in Abu Dhabi, to discuss developments and factors affecting foreign direct investment and its role in economic growth. As one of the best destinations for attracting foreign investments, Abu Dhabi continues its efforts to promote an integrated business system that provides more growth opportunities for investors.
He added: Our proactive and open approach contributed to launching a number of initiatives to develop legislative and regulatory frameworks to encourage foreign and local investments. These efforts have led to good results, as investments are witnessing growth, especially in knowledge-based sectors. We look forward to meeting international investors during the forum to discuss ways to take advantage of the wide opportunities offered by Abu Dhabi during the next phase of the economic diversification strategy.
The forum includes a variety of interactive panel discussions, meetings and events in which a number of senior speakers and investment experts participate to work together and come up with effective solutions and formulate effective investment policies to face global challenges and contribute to creating new sources of investment and directing more capital and investments in local and global economic activities.
Various workshops will be organized one day before the start of the forum, including a workshop entitled “The Future of Foreign Direct Investment … The Main Trends That Will Lead Foreign Direct Investment in 2023 and Beyond”, and another under the title “Attracting High-Quality Foreign Direct Investment for Economic Growth”. And another titled “The Future of Investment Promotion”, and a workshop “How to meet the expectations of investors?”.
The “global economic prospects…the future of investment markets” session aims to explore opportunities for foreign direct investment and foreign investment portfolios and their role in determining changes in the global investment landscape and influencing investments, taking into account technological developments, climate change, geopolitical tensions and the pandemic.
The session “Devoting Foreign Investment Portfolios for a Greener World” session focuses on current and future projects and initiatives that constitute sustainable and diversified investment opportunities, and their commitment to the objectives of environmental, social and institutional governance and taking into account climate change.
The “Creating Flexible Supply Chains to Enhance Growth Opportunities” session examines the need to create flexible supply chains and new infrastructure to keep pace with the developments of the twenty-first century with the escalation of economic tensions and unrest, and economies are slowly shifting away from globalization, as rising costs have forced economies to rethink. In its policy in emerging markets to keep pace with the aspects of transformation and achieve a lasting recovery, and this in turn will create opportunities for technology and innovation for effective new industries.
The session “Quality of Foreign Direct Investment… Attracting Meaningful Investments for Economic Growth” addresses the importance of attracting high-quality investments that add value to the economy and enhance it by creating job opportunities and driving innovation, identifying projects suitable for foreign investment, evaluating strategic industries, and capital movement. The long-term.
