Page 121 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/21/25, 9:27 AM Investopia, Deutsche Bank highlight UAE’s evolving business environment - Aletihad News Center

The conference also underscored the UAE's competitive advantages and strategic enablers available to family

enterprises, investors, and international businesses looking to establish or expand their presence in the country.

The conference brought together nearly 30 officials and business leaders from the UAE's government and private
sectors. Among the distinguished attendees were Mohamed Hassan Alsuwaidi, UAE 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 Investopia 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 the UAE 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

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