Page 358 - MOE ENGLISH PR - APRIL 2024

The sports industry's investment success was linked to sustainability, financial stability,
technology adoption, and community responsibility. The synergy between government and
private sector collaboration in sports projects was highlighted as a driver for innovation and
growth. Additionally, the investment potential in women's sports was spotlighted.

Discussions on the aviation sector emphasized sustainability and innovation with the UAE's
commitment to electric helicopters, sustainable fuels, and the expansion of eVTOL aircraft
taking center stage. The urgency of addressing climate change and environmental challenges
through integrated approaches was also stressed.

Investing in human capital was deemed crucial for both economic and social development. The
need for increased investment from both governments and the private sector was identified as
essential. The UAE's efforts in promoting AI innovation and sustainable development were
acknowledged as exemplary.
The dialogue underscored the necessity of flexible fiscal policies and competitive economic
legislation to mitigate global economic uncertainty and reduce risks in emerging economies.
Developing countries were encouraged to broaden social protection strategies and adopt
sustainable economic policies.
Overall, Investopia 2024's discussions aimed at delineating a strategy for enduring economic
growth by highlighting the significance of investing in emergent sectors, addressing climate
change proactively, nurturing talent, fostering innovation, and advocating for flexible fiscal
policies. The UAE's model of building a future economy grounded in innovation, knowledge, and
sustainability was recognized as a blueprint worth emulating.

https://www.onearabia.me/local/investopia-2024-new-economy-projects-ai-fintech-healthcare-
011-26687.html