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5/10/24, 8:33 AM Dailyhunt
Economy Middle East Summit 2024 highlights economic

growth prospects in MENA region

Emirates News Age… . 8d ago
ABU DHABI, 1st May, 2024 (WAM) -- The Economy Middle East Summit 2024 was
held today at the Abu Dhabi Global Market (ADGM), in the presence of high-profile leaders who shared valuable insights under the
theme "Accelerating Future Growth".

The event brought together top-tier attendees including Abdullah bin Touq Al Marri, Minister of Economy. Salem Al Darei, CEO of
ADGM Authority, delivered the welcome notes before the summit hosted several panel discussions. The summit's agenda focused on
key challenges and opportunities in banking and finance, technology, hospitality, tourism and the future of mobility.
The event focused on navigating the global economic landscape beyond 2024 and emphasised the MENA region's economic outlook
amidst new global realities. Discussions explored tomorrow's digital financial services landscape and highlighted the significance of
tourism as a key economic driver. The event also featured insights into future technology landscapes and fireside chats with key
industry figures including Hatem Dowidar, Group CEO, e& and Badr Al-Olama, Director General, Abu Dhabi Investment Office,
providing further perspectives on economic development and innovation.
Abdulla bin Touq Al Marri, Minister of Economy, confirmed that the UAE, thanks to the directives of its wise leadership, has made
great strides in diversifying its national economy and shifting towards a flexible economic model based on knowledge and innovation.
As a result, the non-oil sector today accounts for 74 percent of the country's total GDP. This confirms the effectiveness of the
advanced steps we have adopted to further economic diversification, in line with the goals of the 'We the UAE 2031' vision and the
UAE Centennial Plan 2071.
In his speech at the summit, Bin Touq said, "The UAE continues its efforts to provide an incubating environment for conducting
business and economic activities and develop flexible and competitive legislation and economic policies that will enhance the
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