Page 196 - MAJRA PR REPORT - FEBRUARY 2025

3/4/25, 10:33 AM First day of Investopia 2025 outlines features of global investment in new economy
sustainable economic and social development, most notably the Abu Dhabi Urban Plan 2040, which
aims to double the population and GDP, with a focus on improving the quality of life, attracting
investments, adopting innovative and sustainable infrastructure solutions, and enhancing the role of
technology and innovation in urban projects.

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

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