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UAE participates in International Economic Forum of Americas

Media IN ABU DHABI, 16th June, 2019 WAM)

The Minister of Energy and Industry,led the UAE delegation to the 25th edition of the International Economic Forum of the Americas, which convened in Montreal on June 10-13, highlighted in a panel session titled “The Geopolitics of Energy Transformation” the stimulus packages provided by the UAE government to propel FDIs in the energy field.

According to the minister, over US$160 billion of new investments are being directed to the energy field, most of which are up for grabs for the private sector as part of the UAE Energy Strategy 2050, noting that the UAE is a key investor in Canada and all over the world that helps create numerous  job opportunities.

The Conference of Montreal, presented for the first time in 1995 by the International Economic Forum of the Americas, is committed to heightening knowledge and awareness of the major issues concerning economic globalization, with a particular emphasis on the relations between the Americas and other continents.

The Conference also strives to foster exchanges of information, to promote free discussion on major current economic issues and facilitate meetings between world leaders to encourage international discourse by bringing together Heads of State, the private sector, international organizations and civil society.

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