Page 276 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

3/4/25, 3:39 PM Investopia Hosts the Inaugural Conference for Business Leaders and Investors - برﻌﻟا لﺎﻣﻋﻷا داور ﺔﺻﻧﻣ | ﻲﺑرﻋ تﻧإ
enhancing joint economic cooperation on both the Arab and Asian fronts, particularly in sectors of the new
economy. He pointed out that the conference represents an important platform for building sustainable

economic partnerships and strengthening communication among the Arab and Asian business communities,
thereby enabling them to benefit from promising economic and investment opportunities.

Meanwhile, His Excellency Dr. Thani bin Ahmed Al Zayoudi, Minister of State for Foreign Trade, stressed
that the choice of the UAE as the host of this international event reflects its growing and influential role on the

global trade and investment map. He confirmed that the state is committed to continuously enhancing
cooperation with its partners on both the Arab and Asian levels, in line with the strategic objectives of the “We

Are UAE 2031” vision, thereby reinforcing its status as a global trading partner and a dynamic, influential
economic hub.

Her Excellency Alya bint Abdullah Al Mazrouei, Minister of State for Entrepreneurship, stated, “The

conference creates a new milestone for enhancing relations between the Arab and Asian countries in the fields
of entrepreneurship and small and medium-sized enterprises, as well as discovering opportunities that
stimulate innovation and creativity. It also provides a vital opportunity to highlight the potential of the

competitive environment for entrepreneurship and start-ups in the UAE.”

The Opening Session of the Conference

In his opening speech, His Excellency Abdullah bin Tawq stated: “The region boasts dynamic economies with
rapid growth potential, as reflected in the increase of non-oil trade exchanges between the Arab states and Asia

in recent years, which in 2023 reached over 10 billion dollars, with expectations of further growth in the
coming years.” He added that the UAE has served as a vital gateway for investment and trade for Central

Asian countries and Azerbaijan. In 2022, the UAE’s non-oil trade with Azerbaijan exceeded 1.5 billion
dollars, and with Central Asia, it surpassed 3 billion dollars, indicating a mutual desire to develop mutually
beneficial projects.

His Excellency emphasized that the opportunities for economic cooperation, partnership, and investment

among the region’s countries are vast and varied. He highlighted four main areas of focus: investment in green
energy and sustainability, especially in solar and wind power; technology and artificial intelligence, which
contribute to industrial development and innovative solutions for economic growth; facilitating trade and

logistical cooperation through investment in advanced commercial corridors and logistics systems to open
new markets and opportunities for companies in the region; and food security as a strategic area for

cooperation and partnership between regional countries.

The Role of Regional Corridors in Enhancing Global Trade

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