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5/29/24, 3:41 PM 'Next50’ initiative to fuel growth of UAE’s private sector companies
'Next50’ initiative to fuel growth of UAE’s private sector companies

ABU DHABI, 2 days ago

Investopia, in partnership with EMIR, an emerging market research specialist, held the first meeting
of the ‘Next50’ initiative, which aims to promote dialogue and knowledge sharing among leading
companies in the UAE, and stimulate investment in emerging sectors in the private sector, a report
said.

The meeting was held in the presence of Abdulla bin Touq Al Marri, Minister of Economy and
Chairman of Investopia, Hadi Badri. CEO, Economic Development at Dubai Department of
Economy, Dr Jean Fares, CEO of Investopia, and Trevor McFarlane, CEO of EMIR, Emirates News
Agency, WAM, said.

The Next50 initiative launched by Investopia in its third edition comes under the umbrella of
Investopia Communities, which brings together 50 founders and CEOs of UAE companies in
finance, construction, tourism, services and other sectors.
Their combined revenues exceed tens of billions, which represent success stories achieved by the
private sector.

The initiative provides them with a valuable platform to share experiences, explore opportunities for
collaboration and partnerships, and review investment opportunities in new economy sectors in
promising markets.

Bin Touq said that the Next50 initiative reflects Investopia's commitment to supporting the private
sector in accordance with the UAE government’s efforts to enhance the competitiveness of leading
companies that have achieved considerable growth in the UAE market.

He added that the ‘Next50’ initiative opens up new prospects for cooperation, fostering continued
dialogue between investors; facilitating knowledge exchange, financing, stimulating capital flows,
and expansion of partnerships at local and global levels.

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