Page 34 - MOE ENGLISH PR REPORT - OCTOBER 2024

Press Release

attracting startups and stimulating innovation, especially since the two countries rank among the
leading global hubs for entrepreneurship, innovation, and technology.”

New investment trends

The second session, titled ‘New Trends Shaping the Investment Landscape in Asia and Middle
East,’ discussed emerging investment trends and opportunities in various critical sectors across
Asia and the region. It also delved into business practices and policies that support the sustainability
of economies, as well as mechanisms that facilitate FDI flows in the government and private
sectors. The session highlighted the role of the UAE and Singapore in shaping the future of finance
and innovation as leading regional and global trading and investment hubs. It was attended by H.E.
Raja Al Mazrouei, CEO of Etihad Credit Insurance, Steve Brice, Chief Investment Officer,
Standard Chartered Bank, and Simon Webster, CEO of Vistra .

Future of global trade routes

The third session, titled ‘Navigating New Trade Routes: The Strategic Role of the UAE and
Singapore as Key Logistics Hubs,’ explored the ever-evolving landscape of global trade, driven by
a various factors. It also highlighted the future potential of international trade routes and examined
how both the UAE and Singapore can further strengthen their positions as pivotal logistics hubs
and their integral roles in the global supply chain. The session provided insights into the UAE's
vision to develop state-of-the-art logistics infrastructure, including ports, airports, airlines, and
shipping routes, solidifying its standing as a prominent hub for global freight movement, in line
with the Economic Principles Document. H.E. Ahmed Bin Sulayem, CEO of Dubai Multi
Commodities Centre, and Salah Sharaf, Chairman of Emirates Logistics LLC, participated in the
session.

Asia's New Economy Sectors Driving Sustainable Development

The fourth session explored the topic ‘The Role of New Economy Sectors in Developing Asia's
Economies,’ discussing investment prospects within the digital sectors, including artificial
intelligence (AI), digital assets, green energy, and hospitality. It highlighted the significance of
these sectors in attracting foreign investments to Asian countries. Additionally, it discussed the
policies and mechanisms that shape the future of economic growth in these countries. Antonio
Gonzalez, the CEO and Founding Partner of Sunset Hospitality Group (SHG), and David Tabet,
Investopia’s Executive Director of Operations, attended the session, along with various officials
and business owners from the UAE and Singapore.

Investment in UAE's Family-Owned businesses

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