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Investopia Reviews Priorities For Economic Growth

A total of eight panel discussions and roundtables were held with the participation of investors, high-level government officials, companies and entrepreneurs…reports Asian Lite News

The second day of discussions at Investopia 2024 in Abu Dhabi, held on 28th and 29th February, shed light on strategic priorities for enhancing global economic growth and sustainability. Prominent speakers and panellists also covered recent and future investment trends and opportunities in tourism, aviation, hospitality, family businesses, healthcare, financial technology, and capital markets.

A total of eight panel discussions and roundtables were held with the participation of investors, high-level government officials, companies and entrepreneurs looking to explore investment opportunities in the new economy. Over 40 speakers, including economists, investment experts, and decision-makers shared their opinions and outlook on the global investment landscape.

The first session of day two of Investopia, titled Strategic Priorities in a Shifting Global Landscape: A Policy Perspective, focused on the major global shifts from geopolitical, economic, and environmental standpoints and how these changes affect the development priorities of countries around the world.

The impact of countries’ national priorities on cooperation in global economic development and how countries can work together to navigate common concerns such as the energy challenge, climate change, and water and food security were also covered during the session.

The importance of developing policies and legislation to tackle economic challenges and providing tax incentives for practising economic activities and businesses was highlighted. The session also saw a debate on the necessity of relying on technology and digital solutions to develop the infrastructure of various sectors and accelerate economic diversification through expansion into new economic sectors.

The second session titled ‘Evolving Landscape of Public Capital Markets in the Middle East’ explored the opportunities and capabilities available in the region’s key economic sectors and the importance of directing capital towards these opportunities, which in turn, enhances economic development in the region.

Meanwhile, the third session titled Hospitality Unleashed: Charting New Paths in Tourism Investment examined the recovery of global tourism after the Covid-19 pandemic and highlighted prominent trends and transformations in the sector, including the growth of domestic and sustainable tourism. It analysed how investors are prepared to take advantage of growing demand and shifts in tourism trends and expectations.

A roundtable meeting in cooperation with Eros Investment, Generative AI redefining the Investment Ecosystem, drew the participation of investors, founders, and managers of major companies to review the potential of artificial intelligence, how to optimise its parameters to benefit businesses, and discuss the prospects for companies relying on these advanced technologies.

Prominent speakers on day two included Dumitru Alaiba, Deputy Prime Minister and Minister of Economic Development and Digitisation of the Government of Moldova; Simon Coveney, Minister of Enterprise, Trade and Employment of the Republic of Ireland; Simonas Satunas, Deputy Minister of Foreign Affairs of Lithuania; Wale Edun, Minister of Finance and Minister Coordinator for the Economy of Nigeria; George Papanastasiou, Minister of Energy, Commerce and Industry of Cyprus; as well as Aloki Batra, CEO of Five Hospitality and The Pacha Group; Antonio Gonzalez, Founder and CEO of Sunset Hospitality Group; and Caroline Abramo, Founder and CEO of Pana Low Carbon Economy (PLC).

Investopia 2024 also launched the second edition of the Future 100 initiative, a joint initiative by the Ministry of Economy and the Government Development & the Future Office, to foster businesses operating in the future economic sectors. The event served as an ideal platform for these companies to connect with global investors and learn about the latest global investment trends.

The third edition of Investopia was held in partnership with Mubadala Investment Company, ADQ, Crypto.com, Standard Chartered, Citibank, First Abu Dhabi Bank, Emirates Development Bank, the global entrepreneurship and investment platform SALT and the iConnections platform.#

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Investopia, London Stock Exchange explore fintech ties

Bin Touq emphasised the strong historical ties between the UAE and the UK…reports Asian Lite News

Abdulla bin Touq Al Marri, Minister of Economy and Chairman of Investopia, participated in the market close ceremony at the London Stock Exchange (LSE). He visited the LSE headquarters in the British capital to discuss partnership opportunities, exchange experiences, and promote investments in financial services and cutting-edge fintech.

Julia Hogget, CEO of the London Stock Exchange, received him in the presence of Michael Mainelli, Lord Mayor of the City of London, and several representatives from government bodies, the private sector, and financial services companies from both countries.

Bin Touq emphasised the strong historical ties between the UAE and the UK. These relations have been continuously evolving across various fields in light of the commitment of both leaderships to driving them to new heights of prosperity and advancement.

He highlighted that the fintech and financial services sectors are key components of the economic cooperation agenda between the two nations.

The visit to the London Stock Exchange strengthens opportunities for collaboration in activities and businesses related to financial markets and cutting-edge digital solutions. It also served as a platform to exchange best practices in these crucial areas and facilitate access for business communities in both countries to promising prospects, particularly in new economy sectors.

The UAE economic delegation, headed by the Minister of Economy, visited the London Stock Exchange as part of their official visit to the United Kingdom. During this visit, a new edition of Investopia Global Talks titled ‘Investopia London’ will be held in cooperation with the HM Treasury, under the theme “UAE-British Financial Services: Partnership for the Future,” in collaboration with the HM Treasury.

In October 2023, the UAE and the UK entered into an agreement to strengthen collaboration and partnership in financial services. The aim is to enable the private sector, startups, and entrepreneurs from both countries to access market opportunities and exchange expertise in financial market activities. These include innovative and cutting-edge financial services, green finance, and more.

Investopia plays a key role in implementing the outcomes of this agreement by fostering cooperation between the UAE and the UK, with a specific focus on stimulating global investments in sectors of new economy such as finance, banking, and advanced financial technology.

Investopia remains committed to fostering stronger connections between the global investment community, government entities, business leaders, thought innovators, and experts. This collaboration aims to expedite the flow of capital and broaden investment prospects in emerging sectors, ultimately enhancing economic growth at regional and global levels.

The third edition of Investopia Summit will be held in Abu Dhabi on 28th and 29th of February 2024. It will feature various events and activities, including bilateral meetings and discussion sessions between representatives of global and regional governments, investors, private sector companies, and research and academic institutions.

The summit aims to explore investment opportunities in the UAE market and regional and global markets. Additionally, it aims to highlight the economic shifts that have occurred globally, prompting countries to invest in new sectors of the economy. It also seeks to foster cooperation in areas such as sustainability, the green economy, circular economy, talent investment, clean energy, and new technologies for financial services.

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