Page 177 - MAJRA PR REPORT - FEBRUARY 2025
P. 177
3/4/25, 10:33 AM Home | Emirates News Agency
noting the importance of adopting sustainable investment models that combine financial returns with positive
social impact, in addition to supporting entrepreneurship and social initiatives to promote sustainable
development.
In a related context, the third session discussed “Enhancing Growth in the Financial Services Sector”, during
which Emma Reynolds, MP, UK Treasury Secretary, delivered a keynote speech, highlighting the most
prominent trends and policies that affect the development of the financial sector globally, with a focus on the
role played by the United Kingdom in supporting financial markets and entrepreneurship. She reviewed the
most prominent economic transformations and their impact on the financial services sector, such as inflation,
rising interest rates, and changes in monetary policies. She focused on the potential for strengthening
economic and investment partnerships between the United Kingdom and the UAE to support sustainable
growth in international markets.
In her speech, Emma Reynolds explained that the financial sector is a fundamental pillar of the United
Kingdom’s economy, stressing the new Labour government’s commitment to maintaining the City of London
as a major global business hub.
Reynolds also stressed the depth of the historical relations and close cooperation between the United
Kingdom and the United Arab Emirates, expressing her confidence that this partnership will continue to
flourish.
Diversifying investment portfolios and potential risks
In a session titled “Geopolitics and Investment… Unstable Paths”, Roberto Hornweg, CEO of Standard
Chartered for Europe, the Americas, Africa and the Middle East; Naguib Sawiris, Chairman and CEO of ORA
Developers; and Burak Dalioglu, Head of the Investment Office of the Turkish Presidency, participated, where
they highlighted the experience of assessing geopolitical risks among private banks and major investors by
forming specialized teams and using experts from governments and public administrations to guide their
investment strategies, in addition to how to diversify investment portfolios to reduce exposure to risks resulting
from political unrest, and possible future scenarios and their impact on the global economy.
In this context, Naguib Sawiris said: “In light of the changing geopolitical landscape, there is an urgent need to
adopt flexible investment strategies capable of facing challenges. Egypt has great economic potential,
especially with the recovery of the tourism sector and the improvement of exports, as exports recently
reached about $1.5 billion, supporting the currency’s stability. He pointed out that in light of investors’ search
for stable economic environments, the UAE emerges as an ideal economic environment that encourages
investors to move to it and benefit from the possibilities it provides, which explains the move of about 1,500
Egyptian companies to Abu Dhabi during the past period, benefiting from the supportive investment
environment and economic stability provided by the UAE.”
“Despite global challenges and an 8% decline in global FDI inflows, Türkiye recorded a 5.6% increase in FDI
inflows in 2024 compared to the previous year, reflecting the positive impact of Türkiye’s comprehensive
https://www.wam.ae/en/article/bieay43-first-day-investopia-2025-outlines-features-global 3/7