Page 118 - SUPERBRIDGE PR REPORT - JUNE to OCTOBER 2024
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The summit is recognised as a crucial driver of positive economic impact. For instance, Trip.com
               Group, the founding sponsor of last year’s summit, opened its Dubai office after the event and
               launched significant travel expansion initiatives. The company also established various strategic
               partnerships and agreements with regional tourism authorities, including the Department of
               Culture and Tourism - Abu Dhabi, Qatar Tourism and the Saudi Tourism Authority (in 2024). Trip.com
               Group is the title sponsor for the second consecutive year, underscoring the potential of the event
               in fostering economic growth, promoting technological development and contributing to the
               cultivation of the next generation of industry leaders.
               The event will highlight the Middle East’s significant transition from an oil-dependent economy to
               becoming a leader in innovation, largely facilitated by free-trade agreements that encourage
               international business investment and foster technological advancements. As the region diversifies
               its economy, attention is also turning to ASEAN, which experts predict will emerge as the world’s
               fourth-largest economy by 2030. During the summit, the experts will explore the abundant
               resources and top-notch governance that fuelled this growth while highlighting the challenges
               faced due to climate change and the need for collaborative energy transition efforts.

               In the financial sector, the experts will further highlight the future of digital banking, which is being
               shaped by institutions adapting to the rapid pace of disruption and innovation. Furthermore, the
               rise of fintech innovations, which is paving the way for Web 3.0, will be discussed while focusing on
               overcoming regulatory hurdles to ensure inclusive growth. The financial landscape is also
               witnessing a shift towards green energy, with predictions of a staggering US$11 trillion investment
               in renewable asset-backed cryptocurrencies by 2050. Blockchain technology is set to redefine
               financial intermediation, highlighting the importance of democratising access to capital to keep
               pace with these rapid changes. The summit will explore these trends, which illustrate a future
               where innovation, sustainability and collaboration will be at the forefront of economic development
               in Global East and Global South.

               The summit’s theme Innovate for Next Gen is an embodiment of its unwavering commitment to
               foster development. The term ‘innovate’ in its theme exemplifies its proactive commitment to
               creating solutions for the world’s most pressing concerns, whereas NextGen focuses on the
               multidimensional elements of global economic power: technology, leadership and investment.

               SuperBridge Summit 2024 will be a vital platform for discussions on the future of finance,
               innovation and sustainability, offering insights that will guide strategic initiatives across various
               sectors. The attendees will be able to gain insights into the latest industry advancements and
               trends that are projected to transform industries and economies across the world.



















               https://www.wam.ae/en/article/b5ogl9l-superbridge-summit-2024-kicks-off-tomorrow-dubai
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