Page 190 - MAJRA PR REPORT - FEBRUARY 2025

3/4/25, 10:33 AM First day of Investopia 2025 outlines features of global investment in new economy – UAE Business and Travel Insights – TotalUAE…
Mohammed Al Shorafa pointed out that the vision of the Emirate of Abu Dhabi, thanks to the support and
guidance of its wise leadership, is witnessing increasing developments in various economic and social fields and
focuses on environmental sustainability and achieving social prosperity, explaining the significant role played by
the private sector in developing Abu Dhabi, making it a preferred destination for work, living, and achieving
prosperity, primarily since Abu Dhabi was recently classified as the best city to live in.

Al Shorafa stressed that advanced technology and smart data are major drivers of development in the emirate,
Abu Dhabi is focused to double the emirate’s population by 2040, developing infrastructure according to the best
standards, especially in the transportation sector, and enhancing efforts to increase the shift to smart
transportation. Al Shorafa called on companies to contribute effectively to this development trend and benefit
from its economic and investment opportunities.

He added: “In the past seven years, the UAE has focused on advanced and digital economic sectors, such as
vertical farming, robotics and artificial intelligence, and Abu Dhabi can represent a strong launching pad for
companies to expand regionally and globally in these vital fields.”

In a session titled “The Middle East: The New Chapter,” Dr. Anwar bin Mohammed Gargash, Diplomatic
Advisor to His Highness the President of the State, and Eng. Hassan Al Khatib, Minister of Investment and
Foreign Trade of the Arab Republic of Egypt, discussed regional economic transformations and the role of
technology and innovation in supporting emerging market growth The speakers addressed the importance of
strategic partnerships between governments and the private sector to enhance economic integration and attract
long-term investments.

Hassan Al Khatib said: “The Egyptian economy has undergone major transformations over the past decade,
witnessing fluctuations before stabilizing in 2014,” noting that the Egyptian government has invested $350
billion in infrastructure projects to enhance development, in addition to supporting the private sector by reducing
taxes and issuing flexible legislation to stimulate investment. Inflation rates are declining and expected to return
to normal levels by 2026, while efforts continue to improve the investment environment, mainly through digital
transformation and benefiting from the UAE’s experience in this field.

Given the importance of artificial intelligence in business sustainability, the ninth session was titled “2Point
Zero… as an enabler of artificial intelligence” hosted by Mariam bint Mohammed Al Muhairi, CEO of the
“2Point Zero” Group. The session highlighted the role of artificial intelligence in developing sustainable energy
solutions, digital transformation strategies in vital sectors, and the importance of global partnerships in
enhancing innovation.

Mariam Al Muhairi said: “2Point Zero represents a pioneering model in supporting the new economy of the
UAE by adopting sustainable solutions that reduce carbon emissions and enhance the transition towards a green
economy. The company seeks to be listed on the Abu Dhabi Securities Exchange by the end of the year,
reflecting its ambition for growth and expansion. In this context, she stressed that the successes achieved by the
company and the future ambitions it seeks are due to the supportive environment provided by the UAE, whether
at the level of ambitious leadership or strong policies that stimulate investment.”

She also stressed the importance of building partnerships to achieve the 2Point Zero vision, and stated: “No one
can walk alone.” The company’s investments include six main sectors, including finance and digital technology,
and its ambitious plans to develop huge data centers that require operational capacities of up to 100 megawatts.
She pointed out that Abu Dhabi is strengthening its position as a global center for digital investment, as it
includes the largest Bitcoin mining facility with a capacity of 250 megawatts.

In a session titled “From Real Estate to Globalization,” Sarah Shaw, Executive Director of the National Social
Responsibility Fund “Majra,” interviewed Hussain Sajwani, CEO of Damac Properties, where the future of the

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