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10/15/24, 10:54 AM SuperBridge Summit 2024 kicks off tomorrow in Dubai | local news | emirates7
and Investment, which are expected to play key roles in shaping the future of the global
economy. The summit's key partners include Dubai Chambers, Trip.com, Laix Inc.,

NICE, MVGX, and Metacomp.

Recognized for its role in driving positive economic impact, the summit has previously

helped companies like Trip.com Group, the founding sponsor of last year's event,
establish a stronger presence in the region. After the last summit, Trip.com opened a

Dubai office and expanded its travel initiatives, forming strategic partnerships with
various regional tourism authorities, including the Department of Culture and Tourism

- Abu Dhabi, Qatar Tourism, and the Saudi Tourism Authority (in 2024). This year,

Trip.com Group returns as the title sponsor, reaffirming the summit's potential to
stimulate economic growth, promote technological advancement, and nurture the next

generation of industry leaders.

The event will also emphasize the Middle East's transformation from an oil-dependent
economy to a hub of innovation, facilitated by free-trade agreements that attract

international investment and promote technological progress. As the region diversifies,

attention is shifting to ASEAN, predicted to become the world’s fourth-largest economy
by 2030. Experts at the summit will examine the resources and strong governance that

have driven this growth, while addressing challenges like climate change and the need
for collaborative efforts in energy transition.

In the financial sector, discussions will highlight the evolution of digital banking as

institutions adapt to rapid disruption and innovation. The rise of fintech and its role in

advancing Web 3.0 will also be explored, with a focus on overcoming regulatory
challenges to ensure inclusive growth. The financial landscape is also seeing a shift

toward green energy, with forecasts of US$11 trillion in investments in renewable asset-
backed cryptocurrencies by 2050. Blockchain technology is poised to redefine financial

intermediation, emphasizing the importance of democratizing access to capital to keep
pace with these changes. The summit will delve into these trends, envisioning a future

where innovation, sustainability, and collaboration drive economic development across
the Global East and Global South.

The summit’s theme, "Innovate for Next Gen," reflects its steadfast commitment to

fostering development. The term "innovate" underscores a proactive approach to

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