Page 155 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

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 percent 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 percent 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.

This strategy aims to double total FDI inflows between 2025 and 2031 to approximately 30 percent
of the total investments in the country, which currently stands at 15 percent. The goal is to increase
this to AED1.3 trillion and to triple the total FDI balance to reach AED2.2 trillion by 2031,
accelerating sustainable economic growth.

https://www.msn.com/en-ae/news/other/investopia-deutsche-bank-highlight-uae-s-evolving-
business-environment/ar-AA1CESim?ocid=BingNewsSerp