Page 226 - MAJRA PR REPORT - FEBRUARY 2025

3/4/25, 10:34 AM First Day Of Investopia 2025 Outlines Features Of Global Investment In New Economy - UrduPoint
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

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