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4/30/24, 9:30 AM Investopia 2024 emphasises importance of driving new economy projects in AI, fintech, healthcare, environment
Investopia 2024 emphasises importance of driving new economy projects in
AI, fintech, healthcare, environment
COMMENT
Middle East | April 28, 2024 4:58:50 PM IST
Abu Dhabi [UAE], April 28 (ANI/WAM): Investopia 2024 organised an all-encompassing strategic discussion, bringing together
more than 105 speakers, including ministers, policymakers, leading investors, economic experts, and entrepreneurs from different
regions of the world.
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.
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 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.
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.
The speakers underlined the convenience and flexibility of investing in Fintech compared to other economic activities. They also
acknowledged the considerable growth in investment opportunities within this crucial sector, as well as the expanding base of
investors interested in funding various fintech-related activities and fields, particularly digital assets.
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