Page 558 - MOE ENGLISH PR - MAY 2024

5/27/24, 9:44 AM 2Nd Edition Of Investopia Europe Provides Forward-Looking Outlook On Investments For Both UAE And European Business Com…
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.

Participants highlighted that the transition towards sustainability poses a significant challenge

for both small and medium-sized enterprises. This challenge requires substantial investments
in the creative economy, technology, and AI sectors to effectively address this challenge. It is

crucial to capitalize on cutting-edge technologies and adhere to global best practices in
developing creative economy industries.

https://menafn.com/1108239534/2Nd-Edition-Of-Investopia-Europe-Provides-Forward-Looking-Outlook-On-Investments-For-Both-UAE-And-European… 2/5