Media ININ Economy We Trust
Abu Dhabi on October 10
The World Investment Forum, organized by the United Nations Conference on Trade and Development (UNCTAD), provides more than 7,000 government officials, decision-makers, business leaders and other stakeholders in the field of investment with the opportunity to learn about the growing “hawk economy” and its role in reshaping the economic landscape and the business sector, during the session. The eighth one will be hosted by Abu Dhabi from October 16 to 20 at the Abu Dhabi National Exhibition Center (ADNEC).
The forum, which is organized with the support of the Ministry of Economy and the Department of Economic Development – Abu Dhabi, the main partner, contributes to enhancing dialogues and stimulating joint work to formulate global investment policies and strategies, and directing international trade and investment operations towards sustainable sectors through a number of events and forums in cooperation with local institutions and international organizations.
A number of senior officials and executives in Abu Dhabi will inform the global business and investment community about the features and programs of the “Falcon Economy,” which leads the emirate’s journey to the next stage of economic diversification and promotes the transition to a smart and circular economy that includes all segments and consolidates sustainable development.
In addition, interactive discussion sessions and workshops will be organized to showcase the “Make in the UAE” initiative, which aims to develop the industrial sector in the country in line with the UAE’s strategic initiative to achieve climate neutrality 2050. These events contribute to enhancing the exchange of ideas and best practices, enhancing dialogue and cooperation, and stimulating Joint work to formulate global investment policies and strategies, and direct international trade operations and investments towards sustainable sectors.
His Excellency Ahmed Jassim Al Zaabi, Chairman of the Department of Economic Development – Abu Dhabi, said: “Organizing the World Investment Forum confirms the vision of the wise leadership and its firm commitment to international cooperation and joint work to develop innovative solutions for the general interest of the global community, and to benefit from the basics of the ‘falcon economy’ in order to achieve the goals of… United Nations for Sustainable Development, and to contribute effectively to shaping a better future for humanity.”
He added: “Abu Dhabi has succeeded in achieving tangible achievements to achieve the goals of the economic diversification strategy, which constitutes a solid foundation for the continued development of the knowledge and innovation economy. We nurture and motivate talents to formulate solutions to the challenges of the present and future, while constantly improving the business system in order to provide broad opportunities for investors to grow and expand.”
His Excellency said: “We look forward to receiving leaders of countries, business, investment and decision-makers in Abu Dhabi, the capital of capital, to discuss the best ways to strengthen appropriate frameworks in order to ensure benefiting from global trade and investments to achieve the common goals of the international community.”
The “Invest in Tomorrow: Economic Transformation in Abu Dhabi” forum, organized by the Department of Economic Development – Abu Dhabi within the activities of the third day of the World Investment Forum (UNCTAD), represents an important platform to introduce the business and investment community to the growing falcon economy in Abu Dhabi and its advantages in strengthening the emirate’s position as a power. A leading economic and financial destination, and a preferred destination for talent, business and investments, in addition to strategies that lead the way towards a sustainable and prosperous future.
The “Invest in Tomorrow” agenda includes keynote speeches and discussion sessions, including the session “Attracting Foreign Direct Investment in the Era of the Fourth Industrial Revolution: Opportunities and Challenges,” which discusses the main factors that make Abu Dhabi an attractive destination for investors and how these factors are compatible with the transformative potential of the technologies and approaches of the Fourth Industrial Revolution. .
The session will also address the role of foreign direct investment flows in stimulating technological progress and strengthening the industrial sector, and the importance of government policies, investment incentives and regulatory frameworks in attracting foreign direct investment and driving the growth of advanced industries, as well as the role of international trade, sustainable practices, social responsibility and comprehensive development as essential factors to support growth. Economic.
The “Invest in Tomorrow” forum addresses the vital role that startups and SMEs play in strengthening economies by providing job opportunities, stimulating innovation, and contributing to economic diversification. Participants will review the measures taken by the Abu Dhabi government to attract, develop and empower talent.
The Ministry of Industry and Advanced Technology, in cooperation with the World Investment Forum 2023, is organizing a dialogue session entitled “Investing in the Emirates: Opening Opportunities to Achieve Sustainable Prosperity,” as part of the events and activities of the “Make in the Emirates” initiative aimed at sending an open invitation to manufacturers, investors, innovators and entrepreneurs locally and globally to establish their businesses. In the Emirates, and benefit from the exceptional advantages and benefits of manufacturing that the Emirates provides.
Participants in the session will review the most prominent achievements of the industrial and technological sectors in the UAE, which were achieved thanks to the implementation of the National Strategy for Industry and Advanced Technology, which was launched in 2021, to enhance the growth and development of the national industrial sector, increase its contribution to the gross domestic product, attract and stimulate foreign and local investments, and support leadership. business, enhancing the competitiveness of local products, and highlighting the UAE’s position as a global center for manufacturing and innovation, in addition to enhancing sustainability and reducing and removing carbon in the industrial sector, in line with the “Year of Sustainability,” achieving the goals of the UAE Strategic Initiative to achieve climate neutrality 2050, and the UAE’s preparations to host a conference. “COP28”.
The session highlights the enormous investment potential and opportunities that the UAE possesses, as it enjoys attractive and competitive economic advantages and is distinguished by the ease of doing business for foreign investors and companies. Besides owning it
