Page 557 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)
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9/17/24, 3:44 PM PRESSR: Abu Dhabi set to host AIM Congress 2025, featuring over 25,000 participants from 180 countries — TradingView News
and education. This diverse lineup underscores AIM's comprehensive approach
to exploring and advancing critical areas of development and innovation.
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.
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