Page 344 - MOE ENGLISH PR - APRIL 2024
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The objective was to outline a distinct roadmap for promoting sustainable
economic growth for countries and communities alike. It also aimed to
contribute to driving development in the face of global economic challenges by
engaging in meaningful discussions on major economic topics at both regional
and global scales.
The speakers emphasised the importance of increasing investments in
emerging and sustainable economic sectors such as artificial intelligence (AI),
fintech, infrastructure, clean energy, circular economy, health, creative
industries, sports, tourism, aviation, and entertainment. These sectors are in
line with current global investment and financing trends, as they represent the
future of the economy and contribute to the transition to more adaptable and
competitive economic models.
AI’s crucial role in expediting investments and effectively addressing
economic challenges
According to the experts who participated, the utilisation of AI applications and
solutions has become indispensable for expediting investments in different
economic sectors. They further noted that AI could assist in making informed
decisions regarding investments in funds and investment institutions.
Additionally, AI can play a significant role in overcoming the challenges that
impede economic development, particularly in emerging markets. It can also
facilitate the development of projects related to digital infrastructure.
The speakers highlighted that the emergence of Generative AI is poised to
revolutionise the fields of information and data analysis and risk assessment
in the near future. This transformation will have a profound impact on global
investment directions and strategies.
The experts also emphasised that the UAE is an exceptional and attractive
destination for investment in areas, including AI, advanced technologies, and
data centres. This is primarily due to its well-established legislative framework
and nurturing strategies for artificial intelligence projects. Furthermore, the
https://en.aletihad.ae/news/business/4482120/investopia-2024-emphasises-importance-of-
driving-new-economy