Page 367 - MOE ENGLISH PR - APRIL 2024

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 UAE boasts a robust digital infrastructure
and possesses numerous resources such as energy and electricity that bolster the
development of these crucial sectors.

Fintech, a promising sector for attracting investment

Investopia 2024 emphasised that Fintech is a highly promising and rapidly developing
sector within the investment landscape. Fintech encompasses a wide range of fields
such as payment services, transfers, microfinance, insurance, regulation, cybersecurity,
blockchain, and cryptocurrencies.

https://www.msn.com/en-ae/news/other/investopia-2024-emphasises-importance-of-driving-
new-economy-projects-in-ai-fintech-healthcare-environment/ar-AA1nO1mr