Page 670 - MOE ENGLISH PR - MAY 2024
P. 670
markets with an emphasis on new and sustainable economic sectors. This initiative not only
aims to create an attractive economic climate but also opens new investment gateways for
business communities and major companies across financial, industrial, and technological
institutions.
Abdulla bin Touq highlighted the success of Investopia Global Talks over the past three years in
uniting visionaries, leaders, investors, and ambitious entrepreneurs to generate innovative ideas
and create global investment opportunities. He emphasized the significance of Milan as a
strategic choice for hosting these talks for two consecutive years, underlining the importance of
the Italian business community as a key partner in the UAE's business and investment sectors.
With more than 600 Italian companies operating in the UAE market and significant investment
flows between Italy and the UAE from 2018 to 2022, bin Touq underscored the continuous
investment momentum between the two countries. He also pointed out the promising
investment opportunities within the UAE's tourism and hospitality sectors which have seen
steady growth over recent years. The country aims to attract new tourism investments worth
AED100 billion by the next decade as part of the UAE Tourism Strategy 2031.
The first edition of "Investopia Europe" focused on stimulating investment in rapidly growing
sectors such as the circular economy, family businesses, luxury products, and technology. The
continuation through this second edition aims to expand into other new economic sectors
including tourism, creative industries, sustainability while discussing advanced economic
policies that contribute to sustainable economic development.
This initiative by Investopia not only strengthens economic ties between the UAE and European
nations but also showcases the UAE's commitment to fostering an environment conducive to
innovation and sustainable development. By inviting participants to invest in vital sectors like
tourism and hospitality, Investopia Europe is setting a precedent for future collaborations that
promise to enhance global economic prosperity.
https://www.onearabia.me/local/investopia-europe-second-edition-launches-in-milan-011-
31831.html