Page 55 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)
P. 55

Press Release








                   The conference was 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.

                   UAE’s ideal investment climate

                   H.E. Mohamed Hassan Alsuwaidi, Minister of Investment, emphasized 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.

                   Global hub for the new economy

                   During the conference, H.E. 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 contributed successfully 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."

                   Enablers of the UAE business environment

                   His Excellency Al Suwaidi 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 2000 economic activities, tax reductions, and long-
                   term residency options  tailored  for investors and  businesspeople.  In  addition, H.E.
                   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. Our
                   collaboration with  Investopia  reflects  a shared ambition  and dedication to  connect
   50   51   52   53   54   55   56   57   58   59   60