Page 124 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)
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     4/21/25, 9:28 AM                  UAE Investment Potential Shines at High-Level Investopia–Deutsche Bank Conference
        delegation led by Claudio de Sanctis, alongside 50 international investors and
        entrepreneurs.
        Focused discussions covered strategic sectors such as retail, manufacturing, tourism, and
        technology—pillars of the UAE’s “new economy.” The forum highlighted the nation’s robust
        investment climate, competitive advantages, and forward-looking legislative framework
        designed to attract and support international businesses and family enterprises.
        Alsuwaidi emphasized the country’s ambitious vision, driven by national strategies like
        "We the UAE 2031", which aim to position the UAE as a global hub for innovation-driven
        investment. He noted that over 1.1 million private companies currently operate in UAE
        markets, supported by pro-business reforms such as 100% foreign ownership, tax
        incentives, long-term residency programs, and an extensive network of free zones.
        Notably, foreign direct investment inflows reached $30.6 billion in 2023—up 35% from the
        previous year—securing the UAE’s rank as the world’s second-largest recipient of new
        project investments.
        The conference also included a presentation on the 'National Investment Strategy 2031',
        which targets doubling FDI inflows to 30% of total investment by 2031 and tripling the FDI
        balance to AED2.2 trillion.
        Saad Osseiran, Deutsche Bank’s Head of Private Bank Middle East, affirmed the
        bank’s commitment to the UAE’s vision, stating,
             “This platform reinforces the UAE’s position as a
             destination for progressive investment and strategic
             global partnerships.”
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