Page 57 - MOE ENGLISH PR - MAY 2024
P. 57

Press Release


               The speakers emphasized the significance of implementing strategies and policies to foster
               economic openness globally. The importance of expanding businesses in international markets,
               finding ways to overcome the  challenges  of international trade, and capitalizing on the
               government's support to enhance global competitiveness were also highlighted.

               During  the  sessions, the experts emphasized the influence of digitalization on Italy's
               pharmaceutical industry  and  highlighted the significant role played by trade promotion
               organizations in fostering its growth. This holds particular significance as the UAE’s position
               serves as an economic gateway to Europe, offering access to the region market.

               The session’s participants emphasized the crucial role of capital markets  and organizations in
               promoting the development of the SME sector. They noted that these entities play a crucial role
               by providing financing and facilitating transformations such as intergenerational transfer and the
               integration of environmental aspects.  Furthermore, they  highlighted  that the fifth industrial
               revolution presents a potential turning point and opportunity to accelerate investments and enhance
               competitiveness. This, in turn, opens up avenues for expanding businesses into foreign markets
               and supporting their growth.

               The participants emphasized the importance of establishing robust connections to achieve success,
               be it for SMEs or large corporations. This is crucial as it enables the gathering of resources and
               expertise from different countries, enabling them to capitalize on emerging business prospects.
               The speakers explored how different sectors are engaging with the sustainability revolution and
               contributing to a favourable environment for growth and economic prosperity, while fostering
               connection between sustainability and economic growth. The speakers viewed that government
               support is crucial in fostering sustainability within sustainability companies in the MENA region.
               They also highlighted the importance of global collaborations, particularly in  environmental
               initiatives that transcend borders.
               Since its inception,  Investopia  has hosted a range of  “Investopia Dialogues”  in various  local,
               regional, and international markets, including New York, Geneva, New Delhi, Mumbai, Milan,
               London, Cairo, Rabat, Havana, and Dubai.

               Investopia comprises three  main  tracks:  Investopia Dialogues,  Investopia Communities, and
                                             rd
               Investopia Marketplace. The 3  edition of Investopia took place on February 28 and 29 in Abu
               Dhabi, the capital of the UAE. The event brought together numerous leaders, ministers, decision-
               makers, prominent investors, entrepreneurs, and economic experts from both the government and
               private sectors. Over 105 speakers addressed an audience of more than 1,800 participants from
               around the world who gathered to gain insights into the latest global investment trends in new
               economy sectors.

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