Page 350 - MOE ENGLISH PR - MAY 2024

'Next50 ' holds 1st meeting to formulate

new vision to promote growth of UAE’s

private sector companies

Story by Esraa Esmail / Ahlam Almazrooi

• 2d • 4 min read

ثدحلا نم روص© Provided by Emirates News Agency (WAM)

ABU DHABI, 27th May, 2024 (WAM) -- 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.

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.

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. This approach stems from the private
sector’s key role in driving national economic growth, the need to provide an
enabling environment for its success, and the strengthening of the business
community’s capabilities in the light of the ‘We the UAE 2031’ vision.

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