Page 369 - MOE ENGLISH PR - MAY 2024

5/29/24, 3:45 PM H.E. bin Touq meets with Miami Business Council members as well as senior officials & investment funds in the states of Florida a…
In addition, H.E Bin Touq’s visit to the states of New York and Florida saw a number of meetings with

representatives of the American private sector. These include companies, financial institutions and

investment funds such as Ventures 305, DaGrosa Capital Partners, Ava Labs, Teneo, United States
Patent and Trademark Office, Viking Global, General Catalyst, JPMorgan, I Squared Capital, O’Leary

Ventures and Medina Ventures.

During these meetings, H.E. called on American companies and financial institutions to capitalize on

the advantages and potential offered by the UAE economy, as well as flexible tax facilities and

incentives available to businessmen, investors, and entrepreneurs when establishing various economic
activities and businesses in the country’s markets. H.E noted that the flexible economic policies

adopted by the UAE over the last three years have made it a fertile ground for the growth of businesses

in the domestic market and their expansions to other foreign markets. The total number of companies

operating in the UAE exceeded 788,000 by the end of 2023.

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