Category: ECONOMY

  • Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi

    Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi

    Annual Investment Meeting 2023 kicks off at ADNEC in Abu Dhabi

    Abu Dhabi, United Arab Emirates, 8 May 2023: Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the Annual Investment Meeting (AIM Global 2023) was inaugurated today (8 May) at the Abu Dhabi National Exhibition Centre (ADNEC) in Abu Dhabi.

     Held in collaboration with the Ministry of Industry and Advanced Technology and the Abu Dhabi Department of Economic Development, this year’s edition of the Annual Investment Meeting is anchored on the theme “The Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity and Prosperity.”

    The global event witnessed a remarkable attendance of vast number of government ministers, decision-makers, and industry leaders from various countries around the world, as well as investors, senior representatives of multinational and large companies, startups, small and medium-sized enterprises, smart cities solutions providers, technology services vendors, and a large number of visitors from over 170 countries worldwide.

    The first day of AIM Global 2023 kicked off with a series of keynote speeches and live panel discussions with top policy makers and business leaders as they shared their experiences and expertise with the participating delegations focusing on the current economic conditions and potential investment opportunities.

    The list of speakers included prominent officials and economic figures, such as His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, and His Excellency Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Department of Economic Development (ADDED).

    Welcoming the guests during his speech, Dr. Thani Al Zeyoudi said: “It is my pleasure to welcome you all on behalf of the UAE government to the Annual Investment Meeting being held under the theme of ‘The Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity and Prosperity’. The aim of this event is to discuss and explore current and future investment opportunities, promote foreign investment, and enhance sustainable economic growth on a global scale. We anticipate a series of discussions and agreements between governments, business leaders, and investors to achieve these goals throughout the three days of the event.”

    In his remarks, Dr. Thani Al Zeyoudi emphasized the importance of sustainable global economic growth, which lies in achieving integration across different sectors and adopting investment policies based on deploying advanced technologies that reduce carbon emissions and rely on clean and renewable energy sources to contribute to sustainable development. He also stressed on the significance of public-private partnerships in investing in the integration and interconnectivity of supply chains.

    He referred to the results of the 2022 Foreign Direct Investment report released by the United Nations Conference on Trade and Development, which ranked the UAE first regionally and 19th globally in terms of its ability to attract foreign direct investment. The report also ranked the UAE 17th globally in terms of its foreign investments, with investment flows from the UAE reaching $22.5 billion in 2021, an increase of 19% compared to 2020.

    Moreover, Dr. Thani Al Zeyoudi highlighted the importance of the Annual Investment Meeting as one of the largest investment gatherings in the world, bringing together top officials, investors, and business delegations from different countries to meet, discuss, and forge strategic partnerships in Abu Dhabi, which has solidified its position as a global hub for business growth and development and a preferred destination for international events and exhibitions.

    In his keynote speech, His Excellency Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development’s (ADDED) highlighted the great strides made by Abu Dhabi  in achieving its economic diversification strategy, and laying down a solid foundation to continue developing a knowledge-based, innovation-driven economy. H.E. said ”Abu Dhabi is witnessing the rise of the Falcon Economy which continues to go from strength-to-strength, driven by agile policies and robust regulatory and legal framework, making us an anchor for companies looking to expand their operations in the region. Our rapid economic growth, along with the growing confidence of the international community to live, invest and thrive in Abu Dhabi, make us an ideal destination of choice”.

    H.E. has announced that “The Abu Dhabi’s real GDP in 2022 has exceeded AED 1 trillion, with non-oil sectors contributing by 50% of teh total GDP, reaffirming success of economic diversification strategy which encouarges public-private partnership and foreign and domestic investments. Our aim is to increase Abu Dhabi’s non-oil exports by 143% to AED 178.8 billion by 2031”.

    H.E. Al Zaabi further explains: “Abu Dhabi’s remarkable success story is only in its initial stages, and it will continue to thrive as the most competitive destination for industry, trade, and finance in the region. We continue to offer unparalleled support and incentives to help global businesses succeed, with business enablers and innovation hubs, and solid investment entities that provide funding.  To strengthen Abu Dhabi’s economy and accelerate economic diversification, we have launched a series of bold initiatives solidifying our business-friendly ecosystem. This is a testament to Abu Dhabi’s role as a business enabler and our efforts to provide a solid infrastructure for businesses to thrive”.

    The first day of the event featured the Global Leaders Debate and the Fireside Chat with Russia with the participation of ministers, high-ranking government officials, and senior officials of international organizations. In parallel, several panel discussions were organized as part of AIM Global 2023’s Investment Track and Innovation & Technology Track.

    Under the Investment Track, the first session tackled the “Global Economic Outlook: Beyond the Paradigm Shift, Where Next for the Investment Market,” which explored the opportunities for FDI and FPI in identifying changes that will transform the global investment landscape.

    The “Abu Dhabi Initial Public Offering (IPO) Fund” session came next, followed by a session entitled “Devoting FPIs Towards a Greener World,” and, finally, the “Creating Resilient Supply Chains to Enhance Growth Opportunities” session.

    The focus of the Innovation & Technology Track, meanwhile, was on future cities, digital transformation, and transitioning between future transformative technologies, as well as leveraging foreign direct investment towards future cities. In addition, the role of startups in achieving economic growth was also discussed, along with the role of small and medium-sized enterprises in expanding the technology market and implementing more modern technological solutions and attracting investments.

    On the sidelines was the “2023 Entrepreneurs Investment Summit” held under the sponsorship of the League of Arab States, and organized by the Union of Arab Chambers, the Arab Bank for Economic Development in Africa, and the United Nations Industrial Development Organization Investment and Technology Promotion Office – Bahrain. The summit provided a platform dedicated to promoting bankable investment opportunities led by entrepreneurs, small and medium-sized enterprises, and macro investments from the region, among other objectives.

    The World Health Organization’s “World Local Production Forum” discussed enhancing access to medicines and other health technologies through collective action, and the importance of investing in innovation and technology transfer to improve and sustain healthcare services.

    The “Global Credit Management & NPL Investments Forum,” organized by DDC Financial Group, featured three dialogues, which tackled the available opportunities for investors in the field of non-performing loans as well as the current economic environment and its impact on the rising interest rates, among other topics.

    The first day of the forum witnessed a remarkable turnout of visitors, in addition to distinguished participation from several countries to showcase their top investment opportunities, including Moscow, Armenia, Georgia, and Namibia. There was also the Association of Southeast Asian Nations (ASEAN) Regional Focus Forum, which was organized in collaboration with the ASEAN Business Advisory Council.

     

  • Annual Investment Meeting 

    Under the patronage of Khaled bin Mohamed bin Zayed, 12th Annual Investment Meeting to take place in Abu Dhabi

    Abu Dhabi, UAE, 3 May 2023: Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the 12th Annual Investment Meeting (AIM Global 2023) will commence on 8 May 2023.

    With the support of strategic partners the Ministry of Industry and Advanced Technology and the Abu Dhabi Department of Economic Development, and held at the Abu Dhabi National Exhibition Centre under the theme ‘The Investment Paradigm Shift: Future Investment Opportunities To Foster Sustainable Economic Growth, Diversity and Prosperity,’ AIM Global 2023 will address the latest challenges and opportunities in investment to achieve inclusive and sustainable global economic growth.

    His Excellency Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Department of Economic Development, affirmed that the honour of having this year’s edition of the Annual Investment Meeting sponsored by His Highness reflects the esteemed leadership’s vision and recognition of the importance of the conference as well as other economic events and their positive impact on the accelerated development in Abu Dhabi in particular and the United Arab Emirates as a whole.

    His Excellency said that the patronage of His Highness demonstrates the leadership’s commitment to moving forward from the negative consequences of the pandemic, which cast a shadow on various economies worldwide.

    Additionally, His Excellency emphasised that this patronage would significantly increase the event’s momentum, given the notable and extensive participation of international ministers, government officials, and top executives from global companies. Moreover, this patronage would also help expand the participant base of the conference.

    AIM Global 2023 will shed light on the global investment scene and the need to formulate mechanisms and strategies that promote sustainable and green investment choices. It will focus on the vital sectors, facilitate the flow of capital and foreign direct investment, explore possibilities to utilise technology to realise sustainable development goals, and boost economic growth within the framework of sound policies.

    This economic event, which is considered one of the largest annual investment gatherings, brings together high-level government leaders, decision makers, businesspeople, regional and international investors, major global companies, project owners, smart city solution and technology service providers, as well as a number of startups, small and medium-sized project finance institutions, top academics, and visitors from both the public and private sectors.

    More than 12,000 participants from around 170 countries around the world are expected to join this year’s Annual Investment Meeting, which will feature more than 100 dialogue forums and more than 600 speakers, who will lead engaging talks and thought-provoking panel discussions, in addition to the workshops and lectures to be presented and supervised by a group of pioneers and experts in finance and business and academic experts in the field of economics.

    AIM Global 2023 has engaged in several technologically driven initiatives as part of its commitment to build the global economy roadmap and bolster the five key pillars, which include foreign direct investment, small and medium enterprises, future cities, startups, and foreign portfolio investments. Its  key focus sectors are tourism and hospitality, agriculture, energy, technology, infrastructure, manufacturing, transportation and logistics, finance, healthcare, and educa

  • Annual Investment Meeting 2023 highlights

    Annual Investment Meeting 2023 highlights

    opportunities to stimulate FDI flow and boost economic growth

    Abu Dhabi, United Arab Emirates, 30 April 2023: The Annual Investment Meeting (AIM Global 2023), one of the world’s largest investment platforms, will be hosted for the first time in Abu Dhabi from 8- 10 May, 2023, in collaboration with the Ministry of Industry & Advanced Technologies, and the Abu Dhabi Department of Economic Development (ADDED) as a lead partner.

    The 12th edition of the conference, organised by AIM Foundation, will shed light on the global investment scene and the need to formulate mechanisms and policies to stimulate FDI flows to achieve sustainable economic growth, considering the impacts of technological disruptions, climate change, geopolitical tensions, and inflation.

    The theme of the signature event will revolve around “The Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity and Prosperity,” and aims to build a global economy roadmap through establishing investment opportunities, upholding solidarity, and developing economic relations among nations, as well as addressing the ordeals that will make a profound impact to economic development.

    The UAE has been ranked first in the Arab world and 19th globally for its ability to attract foreign direct investment (FDI) inflows by the World Investment Report 2022 issued by the United Nations Conference on Trade and Development (UNCTAD). The UAE also emerged 17th globally in terms of FDI outflows that totalled $22.5 billion in 2021, reflecting a 19 per cent growth compared to the year 2020.

    His Excellency Rashed Abdulkarim Al Blooshi, Undersecretary of ADDED, said: “We are pleased to host the Annual Investment Meeting in Abu Dhabi, which is attracting world-class economic events and conferences to discuss new developments and drivers of FDIs and their role in the economic growth. Ranked as one of the best destinations to attract FDI, Abu Dhabi is forging ahead with its efforts to enhance business-supportive ecosystem that presents investors with growth opportunities. Our proactive, open approach led us to launch several initiatives to enhance the legal and regulatory frameworks to encourage foreign direct investment and promote domestic investments. These efforts are paying off as evidenced by growth of FDI inflows, particularly in knowledge-based sectors”.

    “We are looking forward to discuss ways to benefit from ample opportunities provided by Abu Dhabi’s transition to the next phase of its economic diversification strategy with the international investment community at AIM”.

    Workshops and sessions

     The Annual Investment Meeting 2023 will feature a variety of interactive panel discussions and sessions, during which several high-level speakers and experts will work together to present solutions and approaches to introducing new sources of investments and directing more capital for various economic activities, both locally and globally.

    AIM Global’s several workshops and sessions include “The future of FDI: Key trends that will drive FDI in 2023 and after,” which will tackle the major trends that will drive the future of FDI and provide an assessment of how IPAs can leverage these trends to maximise the volume and quality of FDI they can attract; “Attracting high-quality FDI for economic growth,” which will show how economic growth and prosperity can be achieved through FDI attraction; “The future of investment promotion,” which will address the way IPAs can change their activities and organizational structure in order to continue to successfully attract and maintain FDI; and “How to provide what investors want,” which will offer detailed insights into how corporate investors make international expansion and location decisions.

    The pre-event sessions include “Global Leaders Debate: The Future Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity, and Prosperity” which will focus on how disruptive technologies, climate change and geopolitical tensions as well as the pandemic are all factors that the economy is faced with.

    There will also be the “Investing in Space to attain the UN SDG’s and Sustainability,” “Global Economic Outlook – Beyond the Paradigm Shift, Where Next for the Investment Market,” which aims to explore the opportunities for FDI and FPI in identifying changes that will transform the global investment landscape, influencing investments with Environmental, Social and Governance (ESG) and embracing all stakeholders; and “Devoting FPIs Towards a Greener World,” which will discuss how FPIs have been adhering to ESG and climate goals.

    Other sessions include “Creating Resilient Supply Chains to Enhance Growth Opportunities,” which will discuss the relevance of creating resilient supply chains and new infrastructure in the 21st century; “Quality FDI: Attracting Meaningful Investments for Economic Growth,” about how attracting investment boosts the economy by generating jobs and driving innovation; and “Sustainable Investment Opportunities in FDI,” which will explore how to encourage the development of sustainable technologies and how to integrate ESG going forward.

    To register, please visit https: //aimcongress.com/register.

     

     

     

     

  • Seychelles and Burundi set to reinforce bilateral ties with the accreditation of Ambassador Bukuru

    Seychelles and Burundi set to reinforce bilateral ties with the accreditation of Ambassador Bukuru

    28 April 2023 | Foreign Affairs

    The new Ambassador of the Republic of Burundi to the Republic of Seychelles, H.E. Mr. Alexis Bukuru, presented his credential to President Wavel Ramkalawan during an accreditation ceremony held yesterday morning at State House.

    The President congratulated him as he takes on this new responsibility and expressed his wish that during Ambassador Bukuru’s tenure, diplomatic relations between Seychelles and Burundi will be further reinforced.

    “In welcoming you to your new position, I would like to express my congratulations to you on your appointment to this prestigious position. Your accreditation today, makes a new beginning for our two countries to can work together to consolidate our cooperation and to see how we can support each other in areas of mutual interests,” said President Ramkalawan.

    In this context, discussions between the Head of State and Ambassador Bukuru were based on areas where Seychelles and Burundi can further explore the potential of cooperation, including in Agriculture, investment, tourism, maritime, and education. Both President Ramkalawan and Ambassador Bukuru reciprocated the interest to have a General Cooperation Agreement that will enhance their bilateral relations.

    During his visit to State House, High Commissioner Kasosa also held discussions with the Vice-President, Mr. Ahmed Afif.

    Seychelles and Burundi established diplomatic relations on 15th July 2002. H.E. Ambassador Alexis Bukuru will be based in Pretoria, South Africa.

    Speaking to the local media following the accreditation ceremony, he further underlined the importance for his country and Seychelles to have a General Cooperation Agreement where he spoke about an array of potential cooperation that he wish to materialise during his mandate.

    Also present yesterday morning was the Minister for Foreign Affairs and Tourism, Mr. Sylvestre Radegonde, the Principal Secretary for Foreign Affairs, Ambassador Vivienne Fock-Tave, Director General Bilateral Affairs Division, Department of Foreign Affairs, Ms. Lindy Ernesta, the Principal Counsellor, Bilateral Affairs Division, Foreign Affairs Department, Mrs. Johnette Stephen and Third Secretary, Bilateral Affairs Division, Foreign Affairs Department, Ms. Ingrid Labrosse.

    SOURCE

    State House News

  • The new Zambian High Commissioner to the Republic of Seychelles accredited

    The new Zambian High Commissioner to the Republic of Seychelles accredited

    19 April 2023 | Foreign Affairs

    The new High Commissioner of the Republic of Zambia to the Republic of Seychelles, H.E. Mrs. Joyce Kapampa Kasosa, presented her credentials to President Wavel Ramkalawan yesterday morning during an accreditation ceremony held at State House.

    President Ramkalawan welcomed the High commissioner and congratulated her on being accredited to Seychelles. He also wished her success during her tenure and expressed hope that through her accreditation today, Seychelles and Zambia can further strengthen their bilateral cooperation.

    In this respect, the talks between the Head of State and the newly accredited High Commissioner focused on many areas of mutual interest, including education, health, and other areas where Zambia can share its expertise and help Seychelles in its human resources development programme. They also discussed opportunities to further strengthen cooperation in trade where they both reciprocate the importance for African countries to support one another and further develop in that area.

    The Head of State and Mrs. Kasosa also spoke about avenues of cooperation in areas such as air connectivity, and tourism as well as the possibility of the establishment of a General Cooperation Agreement that will set the pace for further cooperation and exchanges between the two countries.

    During her visit to State House, High Commissioner Kasosa also held discussions with the Vice-President, Mr. Ahmed Afif.

    Zambia and Seychelles established diplomatic relations on 11th  March 1998. High Commissioner Kasosa will be based in Nairobi, Kenya.

    Speaking to the local media following the accreditation ceremony, High Commissioner Kasosa confirmed that her country is committed to supporting Seychelles to advance in its human resources development. She said that she is looking forward to a fruitful engagement with Government entities to further discuss the areas of cooperation. She also plans to meet the Zambian diaspora working here in Seychelles.

    Also present yesterday morning was the Minister for Foreign Affairs and Tourism, Mr. Sylvestre Radegonde, the Principal Secretary for Foreign Affairs, Ambassador Vivienne Fock-Tave, Director General Bilateral Affairs Division, Department of Foreign Affairs, Ms. Lindy Ernesta and Third Secretary at the Department of Foreign Affairs, Ms. Davis Mathiot.

    SOURCE

    (State House News Alert)

     

     

  • Afreximbank to hold 30th Annual Meetings in Accra, Ghana, from 18-21 June 2023

    Afreximbank Annual Meetings are open to all those interested and/or active in promoting African trade and supporting the socio-economic development of African economies
     
    CAIRO, Egypt, April 13, 2023/ — The 30th Annual Meetings of African Export-Import Bank (Afreximbank) (www.Afreximbank.com) will take place in Accra, Ghana, from 18 to 21 June 2023. The event will mark the high point of the Bank’s year-long 30th anniversary celebrations, under the theme “Delivering the Vision. Building Prosperity for Africans”.

    The 30th Afreximbank Annual Meetings and 30th Anniversary celebrations will bring together on one platform thousands of people, including African and Caribbean leaders and senior government officials, African, Caribbean and other policymakers, corporate leaders, bankers, academia and other thought leaders. The meetings will include the Annual General Meeting of Shareholders and an extensive seminar programme, featuring plenaries and side events.

    “We thank His Excellency President Nana Addo Dankwa Akufo-Addo and his Government for graciously accepting to host Afreximbank’s 30th Annual Meetings. Thirty years ago, the founding fathers of Afreximbank launched a bold initiative for Africans. The hard work of the past three decades, in pursuit of that vision, has shaped what Afreximbank has become today. Member States, clients, customers and partners, the business and international trade community, all those in Africa and the diaspora who strive for the prosperity of African people are invited to join us in Accra to celebrate the Bank’s achievements and reflect on its future in an increasingly turbulent world”, said Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank.

    Afreximbank Annual Meetings are open to all those interested and/or active in promoting African trade and supporting the socio-economic development of African economies.

    Ghana’s Finance Minister, Hon. Ken Ofori-Atta, noted that, “It is only fitting that the commemoration of this milestone for Africa’s key Trade Finance institution is co-organised by the host of AFCFTA Secretariat, the Government, and people of Ghana, who are determined torch bearers for Africa’s quest for trade expansion and integration. This is another opportunity to deepen cooperation and seek African solutions to Africa’s challenges.”

    Register here (https://apo-opa.info/3MFwv5M) for Afreximbank Annual Meetings 2023 (AAM2023). Afreximbank’s last Annual Meetings took place in Cairo, Egypt in June 2022.

    Distributed by APO Group on behalf of Afreximbank.

    Media Contact:
    Amadou Labba Sall
    Manager, Media Relations
    Afreximbank
    asall@afreximbank.com

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    About Afreximbank:
    African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. For 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa.

    A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries to effectively participate in the AfCFTA. 

     At the end of 2022, Afreximbank’s total assets and guarantees stood at over US$31 billion, and its shareholder funds amounted to US$5.2 billion. The Bank disbursed more than US$86 billion between 2016 and 2022. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure, (together, “the Group”). For more information, visit: www.Afreximbank.com.

    SOURCE
    Afreximbank

     

  • Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Abu Dhabi, United Arab Emirates, 12 April 2023: The Annual Investment Meeting 2023 (AIM Global 2023), supported by the Ministry of Industry and Advanced Technology in partnership with the Abu Dhabi Department of Economic Development (ADDED), will explore the future of urban development and how important employing innovative solutions and digital technology is in building smarter and more sustainable cities that can withstand future challenges.

    Anchored on the theme “The Investment Paradigm Shift: Future Investment Opportunities To Foster Sustainable Economic Growth, Diversity and Prosperity,” the 12th edition of the conference, taking place at the Abu Dhabi National Exhibition Centre from 8 to 10 May 2023, aims to gather together top government officials, decision-makers, and industry experts from 170 countries to promote sustainable economic growth and to further strengthen UAE’s global competitiveness and position as a leading investment destination.

    Future Cities is one of the main pillars of AIM Global’s agenda this year, alongside Foreign Direct Investment, Small and Medium Enterprises, Foreign Portfolio Investments, and Startups. Through the Future Cities track, the event will delve into the cutting-edge methods for designing future cities and bridging the financing gap by connecting project owners, entrepreneurs, and smart city solution and technology service providers with investors and finance companies. It will also offer an opportunity for its participants to showcase their smart projects to investors, expand their business network, and collaborate with the private sector.

    His Excellency Rashed Abdulkarim Al Blooshi, Undersecretary of ADDED,  said: “Abu Dhabi has made great strides in its digital trasnforamtion journey, cemetnig its position as the smartest city in the region and laying down a solid foundation to continue developing a knowledge-based, innovation-driven economy.

    We are looking forward to be part of the globl dialouge on future cities at the Annual Investment Meeting in Abu Dhabi to exchange ideas and experiences and work together with key decision makers and players to find innovative solutions to the challenges facing communities today”

    H.E. stressed the need to utilize the latest advancements in the fourth industrial revolution (Industry 4.0), which involves digital transformation and innovative technologies such as artificial intelligence, metaverse, 5G, Internet of Things, and connected technologies, to boost economic growth and shape future cities. This aligns with the smart city concept that pursues to improve quality of life through digital technology, efficient resource consumption, and human-centered design to create sustainable communities.

    AIM Global 2023 will have several forums that revolve around the Future Cities pillar, including “Digital Transformation: Integrating Innovative Technologies” forum, “What are Future Cities? and How Can foreign direct investment be leveraged in future cities?” forum, and “Leveraging new technologies and transitioning between future transformative technologies” forum, among many others.

    There will also be four pre-conference workshops organized a day prior to the event. The “Engaging communities in designing sustainable smart cities,” which is in cooperation with the World Organization of Sustainable Smart Cities, seeks to transform cities into smart and sustainable cities economically, socially, and environmentally by harnessing the power of digital technologies, engaging leaders and communities, achieving integration across different industries, and directing investments towards the development of sustainable smart cities.

    For registrations please use the following link https://aimcongress.com/register

    For more details kindly contact:

    Shereen Al Musallami

    Strategic Exhibitions & Conferences

    00971526998032

    pr.media@strategic.ae

     

  • Annual Investment Meeting tackles global market challenges,  future investment opportunities in partnership with the Abu Dhabi Department of Economic Development

    Annual Investment Meeting tackles global market challenges, future investment opportunities in partnership with the Abu Dhabi Department of Economic Development

    Abu Dhabi, United Arab Emirates, 2 April 2023: The 12th Annual Investment Meeting (AIM Global 2023), which is supported by the Ministry of Industry and Advanced Technology in partnership with the Abu Dhabi Department of Economic Development, will feature a number of local and international events, forums, and conferences from May 8 to 10 at the Abu Dhabi National Exhibition Centre and discuss the latest investment trends, challenges, and opportunities to further boost the sustainable growth of the global economy.

    Its lineup of activities comprises a series of dialogue sessions, keynote speeches, and interactive workshops that facilitate the exchange of ideas and best practices, foster dialogue and cooperation, and encourage collective efforts towards achieving a more sustainable and equitable financial future for all.

    It will focus on two main tracks, Investment and Innovation & Technology, which will highlight several topics that cover 10 key different sectors – Agriculture, Energy, Technology, Infrastructure, Manufacturing, Tourism & Hospitality, Transportation & Logistics, Finance, Healthcare, and Education.

    Least Developed Countries Forum

    Organized in cooperation with the World Association of Investment Promotion Agencies (WAIPA), the Least Developed Countries Forum aims to shed light on the key challenges confronting investment promotion agencies globally, such as market analysis mechanisms, investment trends, and sustainable approaches to addressing them, with a particular emphasis on investment promotion agencies in the least developed countries.

    İsmail Erşahin, WAIPA Executive Director and CEO, lauded the long-term partnership between the association and the Annual Investment Meeting, the world’s leading platform that offers an excellent opportunity for investment experts, private sector representatives and international organizations to network and exchange ideas.

    “This year we are pleased to be partnering on a conference for Least Developed Countries, where we will dedicate an entire day to discussing the crucial issues facing investment promotion agencies representing LDCs globally and to presenting them with the tools and knowledge needed to address their challenges in a productive and sustainable manner. We are also looking forward to hosting a workshop on attracting institutional capital, an increasingly urgent task for IPAs which WAIPA is supporting through our training programs,” Erşahin said.

    Future Finance Forum

    The Future Finance Forum, in partnership with the Union of Arab Banks under the theme “Leveraging Innovative Technologies for Financial Inclusion and Sustainability,” will bring together experts and practitioners to explore the role of cutting-edge technologies, such as blockchain, artificial intelligence, Web3, and digital currencies, in promoting financial access, stability, and sustainability. The Forum’s attendees will also gain a comprehensive understanding of the challenges and opportunities in implementing these technologies in the finance sector so they can collaborate on concrete solutions for a more inclusive and sustainable financial future in the Arab world.

    Commenting on the collaboration, Secretary General of Union of Arab Banks Dr. Wissam Fattouh said: “In light of the global economic and climate risks, the Arab region is witnessing deep economic and financial transformations, which will shape its landscape for the upcoming decades. The Union of Arab Banks, in partnership with AIM, aims to shed light on the emerging challenges facing our region, and how to transform them into opportunities, in order to achieve a green, sustainable, and digital Arab economy.”

    The local and global side events at the AIM Global 2023 also include “Make it in the Emirates”; “Invest in Abu Dhabi”; “Road to the World Investment Forum” in collaboration with the United Nations Conference on Trade and Development; “Entrepreneurs Investment Summit” with the United Nations Industrial Development Organization (UNIDO); “Bloomberg New Energy Finance Forum”; “Future Finance Forum” with the Union of Arab Banks; “World Local Production Forum” with the World Health Organization; “Tourism Investment Forum” with the United Nations World Tourism Organization (UNWTO); “Least Developed Countries Forum” in partnership with the World Association of Investment Promotion Agencies; “Finoverse Forum”; “Distressed and Alternative Investment Forum” with the DDC Financial Group; and “Advanced Manufacturing Investment Forum” to be hosted by UNIDO.

    AIM Global 2023 will revolve around the theme “The Investment Paradigm Shift: Future Investment Opportunities To Foster Sustainable Economic Growth, Diversity and Prosperity.” Throughout its previous editions, the conference has established itself as the world’s largest investment platform, attracting extensive international participation from decision-makers, senior officials, businesspeople, experts, and academics. It has excelled at providing a premier venue for knowledge dissemination and exchange, staying updated on the latest developments in foreign direct investment and related matters, sharing experiences, exploring business prospects, and forging cooperation and partnership agreements.

     

     

  • Niger Country Unique Selling Points re-echoed

    Niger Country Unique Selling Points re-echoed

    ……As UK Trade and Investment Mission Visits

    Story: Mohammed Abu

    The Nigerien Minister of Trade, H.E.Mr. Allache Alhada has re-echoed Niger’s numerous investment opportunities in terms of huge agriculture potential, rich mineral deposits, energy, tourism and handicrafts among others adding that, his Ministry was playing the facilitator role.

    Mr. Alhada also touched on concrete measures being taken by government to create a most enabling environment for businesses and investments to thrive well in Niger.

    Mr. Alhada was speaking recently in Niamey during an audience he granted to members of the UK Trade and Investment Mission to Niger in the company of Her Excellency, Ms Catherine Inglehearn MBE, the UK Ambassador to Niger alongside representatives of a number of Ghana based Nigerien diaspora owned companies and other Ghanaian companies with business interest in Niger.

    The meeting was part of the programme line up of the UK Trade and Investment Mission to Niger held concurrently with the visit of  the West Africa region Country Manager of  the UK Export Finance, Steven Gray .

    The two-day event organized under the auspices of the British Embassy in Niamey and the UK Exports Finance in collaboration with the government of Niger, drew about twelve companies from the UK as well as some  local Nigerien economic operators and their Ghanaian counterparts.

    Mr. Alhada noted that the essence of involving the Ghanaian economic operators during the UK Trade and Investment Mission was borne out of the fact that, Ghanaian companies had decades long experience in trade, business and financing matters as it relates to the UK. Thus, their participation he intimated, was good for the possibility of fruitful collaboration and partnership between them thereby adding value to the UK mission to Niger.

    Also part of the programme line-up was audience with the Ministry of Planning, Industry, Agro-industrial pole creation among others.

    There were also presentations sessions on Investment opportunities in Niger by the Niger Chamber of Commerce, Ministry of Agriculture, Mines, Hydrocarbons, energy among others as well as presentation by Her Excellency, Ms Ingleheam the British Ambassador to Niger, the West Africa regional Executive Director of UK Export Finance, Steven Grey, FCDO, DMA Invest, members of the visiting UK Trade and Investment Mission to Niger, UK Export Financing mechanisms for infrastructure among others.

    The two-day programme packed event was rounded off by a visit of the UK Trade and Investment Mission led by Her Excellency, the UK Ambassador to Niger, MA Invest and members of the UK Mission to LAIT SA, Riz Du Niger,

    The event was in reciprocation to an earlier Nigerien Mission to the UK.