Page 115 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/21/25, 2:56 PM Investopia, Deutsche Bank highlight UAE’s evolving busine...
Minister of Investment; Mohammed Al Hawi, Undersecretary of the Ministry of Investment; Omar
Suwaina Alsuwaidi, Undersecretary of the Ministry of Industry and Advanced Technology; and a
number of officials from relevant authorities.

The conference was also attended by a high-level delegation from Deutsche Bank, led by Claudio de
Sanctis, Member of the Management Board and Head of Private Bank Deutsche Bank AG. They
were joined by 50 global investors and entrepreneurs.

Alsuwaidi emphasised that the UAE, under the guidance of its wise leadership, has embraced
innovative and forward-looking national visions and strategies to create a competitive and ideal
investment environment in line with global best practices. This approach has transformed the UAE
into a leading destination for business and investment regionally and globally, with UAE markets now
housing more than 1.1 million private companies and economic entities.

During the conference, Alsuwaidi stated, “The UAE continues to strengthen its position as a global
hub for the new economy, in line with the ‘We the UAE 2031’ vision. We are working to enable
investments in priority future sectors, such as financial technology, circular economy, smart
transportation, and advanced manufacturing.”

Supportive platforms such as Investtopia contribute to accelerating this orientation by promoting
dialogue, building partnerships, and stimulating investment flows into these vital areas. These efforts
have attracted more than $30.6 billion in FDI, up 35 per cent compared to that of 2022, and has
ranked second globally as the largest recipient of new project investments in 2023.

Alsuwaidi urged the conference’s participants to take advantage of the opportunities and possibilities
offered by the UAE, among which are a vital strategic location that connects the East with the West
and the North with the South; a competitive business environment that allows up to 100 per cent
foreign ownership of companies and provides of over 2,000 economic activities, tax reductions, and
long-term residency options tailored for investors and businesspeople.

In addition, he highlighted the presence of numerous free economic zones for establishing
businesses in the country, in addition to a comprehensive economic legislative framework that

encourages their expansion into the new economy sectors.

Commenting on the conference, Saad Osseiran, Head of Private Bank Middle East at Deutsche
Bank, said, “As we mark 26 years of Deutsche Bank’s presence in the UAE, beginning in Abu Dhabi,

we were proud to co-host this important platform with Investopia. The conference underscored the
UAE’s ongoing efforts to position itself as a destination for forward-looking investment and economic
partnership.”

The conference featured a presentation on the ‘National Investment Strategy 2031’ and its role in
enhancing the UAE’s attractiveness for FDI in the priority sectors. It aims to solidify the UAE’s
position as a leading global investment hub and leverage the opportunities available within its
investment landscape.

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