Page 541 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

UAE's position on global investment map

The UAE has solidified its position as a leading global destination for promising investment
opportunities and a key player in the global economy. It continues to be among the most attractive
investment destinations in the Arab world and the broader region, achieving remarkable global
development. This success is driven by forward-thinking strategies, which include economic
diversification, fostering innovation, embracing advanced technology, and creating a business-
friendly environment that promotes sustainable growth. These efforts have ensured the UAE's
continued leadership on the global investment map.

This is evident in the record growth of Foreign Direct Investment (FDI) inflows to the UAE, which
surged by 35% to reach Dh112.6 billion in 2023, according to the World Investment Report 2024 by
the United Nations Conference on Trade and Development (UNCTAD).

According to the latest statistics, the UAE's non-oil foreign trade has maintained its strong growth
momentum, achieving an unprecedented historical milestone in the first half of 2024. The value of
non-oil trade exceeded Dh 1.395 trillion, marking an 11.2% increase compared to the same period
in 2023. This growth is particularly notable, with increases of 28.8%, 54.7%, and 66% compared to
the first half of 2022, 2021 and 2019, respectively.

Key portfolios of AIM Congress 2025

Through the FDI portfolio, participants will share insights on the latest regulatory developments and
the impact of geopolitical tensions and emerging market dynamics. The goal is to gain a
comprehensive understanding of the factors shaping the future of Foreign Direct Investment (FDI)
and to develop actionable strategies for leveraging FDI potential in a rapidly evolving global
environment.

Digital transformation, data-driven insights, automation, the Internet of Things, blockchain
adoption, focussing on cybersecurity and cognitive technologies are among the key drivers
revolutionizing the finance industry. Over the next five years, these advancements are expected to
significantly reshape the sector at all levels. The Future of Finance portfolio offers a unique
opportunity for finance professionals and stakeholders to network, exchange experiences, and gain
valuable insights, enabling participants to navigate and thrive in this rapidly evolving financial
landscape.

Global trade volume is projected to grow by 2.6% in 2024 and 3.3% in 2025, as demand for traded
goods rebounds following a slowdown in 2023. International trade plays a crucial role in economic
development by stimulating growth and expanding markets, which in turn boosts production and
sales. Beyond the exchange of goods and services, international trade facilitates foreign direct

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