Page 80 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

4/12/24, 4:51 PM Investopia 2024 launches Next50 initiative - Asian Lite UAE
The Next50 offers a unique platform for 50 top CEOs and founders who have achieved remarkable success with
their businesses and entrepreneurial ventures in the UAE market. They have successfully enhanced operational
processes, increased revenue streams, and created employment opportunities. The primary objective of Next50
is to cultivate an environment that encourages the exchange of knowledge, explores potential collaborations,
expands investments in new economy sectors, and facilitates local and global market growth.

Bin Touq emphasised the significance of introducing the “Next50” initiative as it exemplifies Investopia’s
dedication to supporting local companies and enhancing their contribution to the country’s economic growth. The
initiative falls under the “Investopia Communities,” aiming to foster continuous communication between investors
and government officials. It aligns with Investopia’s objectives of facilitating connections between companies and
institutions and fostering cooperative partnerships between leading investors and key economic stakeholders.

He said, “We firmly believe that the private sector plays a pivotal role in driving the growth of the national
economy. Our mission at Investopia is to support these leading companies and equip them with the necessary
resources for success. We aim to develop a knowledge-based and innovative economy by fostering collaboration
among various economic forces. We seek to empower the local business community to compete and excel in
global markets by introducing the Next50 initiative. We are confident that this initiative will serve as a strong
catalyst for these companies and significantly contribute to enhancing the overall business environment in our
country, in line with our local objectives and global aspirations.”

The Next50 will offer more significant opportunities for engagement and collaboration with government entities
and easier access to capital by interacting and aligning with crucial investment funds, banks, and family
companies to facilitate potential investment transactions. This initiative opens up broader horizons for entry into
new international markets, while enabling participation in external economic committee meetings, and
empowering these companies to kick-start fresh economic ventures within emerging sectors in the country.

“Through the Next50 initiative, EMIR will help accelerate the growth of the UAE economy by supporting the
Ministry and Investopia’s goals of identifying and championing the country’s fastest-growing, most innovative
companies.”

On this note, Dr. Noah Raford, Managing Partner for Advisory at EMIR, stated, “The UAE continues to be the
destination of choice for the region’s most exciting and productive companies. Increasingly it is also the
birthplace of those companies. The Next50 highlights the incredible innovation of this new generation of
companies – companies born in the UAE, grown in the UAE, and powered by the UAE, ready to take their next
step onto the world stage.”

EMIR is a specialised centre in research in emerging markets. It offers consultancy and research services
backed by detailed analysis and strategic recommendations to help governments and companies develop
optimal economic and investment policies. It facilitates this through its network of top executives and
experienced government officials.

Investopia comprises three key pillars: ‘Dialogues’, ‘Communities’, and ‘Marketplace’. These pillars foster
dialogue and communication within business communities in the UAE and worldwide. They aim to promote the
development of shared investment opportunities and guide investment efforts towards sustainable economic
sectors, thus boosting economic growth in various countries.

In its third edition, Investopia 2024 held in Abu Dhabi at the end of last February, brought together a diverse
group of investors, government officials, experts, and business leaders. The event was an excellent platform for
forging partnerships, exploring investment opportunities, and fostering collaboration within emerging economic
sectors. With over 1,800 attendees, the summit featured more than 105 speakers who delved into various topics,
including the latest trends in risk capital management and discussions on the green economy, digital economy,
tourism, creative industries, sports, technology, AI, and the next generation of investments.
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