Page 548 - MOE ENGLISH PR - MAY 2024

The participants of the discussion sessions and roundtable meetings hosted by the

latest edition emphasized the significance of embracing new technologies and
establishing productive partnerships. These efforts will create a range of fresh economic
prospects, taking into account the evolving investment landscape and global economic
developments. Additionally, it expedites the efforts to boost investment inflows in key

sectors like tourism, hospitality, creative economy, entrepreneurship, small and
medium-sized enterprises, artificial intelligence, financial technology, clean energy,
circular economy, and healthcare. These sectors are identified as future sectors that
contribute to transforming countries' economies into innovative models based on

innovation and flexibility.

The speakers were of the opinion that Investopia Europe plays a vital role in facilitating
the movement of different forms of capital across both government and private sectors.
This, in turn, contributes to empowering of investments that shape future economies.
Additionally, it serves as a source of encouragement for entrepreneurs to forge new

business partnerships.

The speakers highlighted the significance of enhancing economic collaboration
frameworks between the Gulf Cooperation Council states and the European Union in
the upcoming phase. The objective is to establish new and promising investment

prospects for the GCC and European private sectors, which will contribute to the
advancement of business growth and economic endeavours in these nations.

During the Investopia Europe sessions, experts addressed the UAE's new economic
model centred around knowledge and innovation. Their discussions emphasized the
unique prospects and enablers this model offers to Italian and European businesses of

varying scales. Moreover, this model strives to foster a competitive landscape
favourable for the expansion of SMEs. Additionally, the experts underscored the UAE's
economic significance and its strategic location in bolstering global economic progress.

They outlined the vital role of the Mediterranean region in strengthening economic ties

between the Middle East and Europe and the significance of SMEs in driving economic
growth. They further highlighted the strategies for countries to collaborate through policy
coordination and economic partnerships in response to rapid global changes.

https://www.zawya.com/en/press-release/events-and-conferences/2nd-edition-of-investopia-
europe-provides-forward-looking-outlook-on-investments-r81qizp4