Page 337 - MOE ENGLISH PR REPORT - JULY 2024
P. 337

7/29/24, 2:03 PM  Investopia Global Talks Launched In India's Chennai To Strengthen UAE-India Economic Partnership In New & Sustainable Econo…
        new and sustainable economic sectors, especially in logistics, advanced industries,
        entrepreneurship, SMEs, environment and investment.


        The event was organized by Investopia in cooperation with the Government of the Indian

        State of Tamil Nadu and the Confederation of Indian Industry (CII), in the presence of H.E.
        Abdulla bin Touq Al Marri, Minister of Economy and Chairman of Investopia; H.E. Alia bint

        Abdulla Al Mazrouei, Minister of State for Entrepreneurship; Dr. T.R.B. Rajaa, Minister of
        Industry, Investment Promotion and Commerce in the Government of Tamil Nadu; H.E. Sunjay

        Sudhir, Ambassador of India to the UAE; and R Dinesh, President of CII. It drew the
        participation of more than 300 attendees, including investors, entrepreneurs, economists and

        representatives of leading UAE and Indian private sector companies.


        H.E. Bin Touq emphasized Investopia's key role in strengthening the UAE's efforts to
        transition to a new economic model based on knowledge and innovation, given its focus on

        promoting investment and expansion in new and sustainable economic sectors. Furthermore,
        it facilitates productive economic partnerships with governments and the private sector in

        these critical areas, where dialogues have been successful. Over the past three years,
        Investopia Global Talks traveled to more than 11 global strategic markets, presenting a series
        of effective and distinct debates and sessions on economic and investment opportunities in

        emerging markets, and offering an interactive platform that brought together senior leaders,
        economic players, investors and entrepreneurs at the local, regional and global levels.



        H.E. added that the UAE and India share the vision of embracing a new and sustainable
        economic model, which underscores Investopia's key role in promoting and supporting the
        achievement of this vision in the government and private sectors of the two countries.


        The UAE and India are among the fastest growing economies, with the UAE's non-oil GDP

        growing by 6.2% in 2023 compared to that of 2022, ranking 5th globally in the real GDP
        growth index. Meanwhile, India's GDP grew by 8.4% in the last three months of 2023. These

        figures reflect the momentum of growth of economic opportunities in the two countries'
        markets during the next phase, given their outstanding economic partnership.


        H.E. Bin Touq said:“We introduced the inaugural Investopia Global Talks in India in 2021,

        hosting two sessions in Mumbai and New Delhi. Today, we are launching a new milestone in
        the South Indian city of Chennai, highlighting the significance we attach to the Indian private

        sector as a key economic and investment partner to the UAE's business sector. This has
        great relevance considering there were over 232,000 Indian commercial licenses operating in

        various economic sectors and activities within the UAE's markets as of the end of H1 2024. In



      https://menafn.com/1108483758/Investopia-Global-Talks-Launched-In-Indias-Chennai-To-Strengthen-UAE-India-Economic-Partnership-In-New-Sustai…  2/4
   332   333   334   335   336   337   338   339   340   341   342