Page 390 - MOE ENGLISH PR - APRIL 2024

4/30/24, 9:30 AM Investopia 2024 emphasises importance of driving new economy projects in AI, fintech, healthcare, environment
During the latest Investopia sessions, experts noted that the success of investment in the sports industry depends on a holistic
approach based on sustainability and financial stability. Technology and community responsibility will play a prominent role in
shaping the future of sports investment at the global level, enhancing audiences' experiences while attending matches and expanding

their access to sports.

They also reported that emerging markets have promising investment opportunities in many sports activities, with the potential to be

leveraged optimally. Sports projects based on collaboration between the government and private sectors are a major catalyst for
promoting growth and innovation in the ever-evolving global sports landscape.

Discussions during the Investopia sessions noted that the realities of women's sports are gradually changing, and working to increase
their diversity will create more investment opportunities, which will support the value of sports activities and sectors at the global

level. Investors and entrepreneurs must therefore view sports through broader perspectives and comprehensively, especially in light
of promising investment prospects for women's sport.

Speakers highlighted the importance of continuously developing investment strategies for the future of the aviation and tourism
industry, the transformative potential of electric helicopters and the reliance on sustainable fuels. The speakers reviewed the UAE's
pioneering experience in the commitment to sustainability and innovation in the aviation sector and its role in promoting the growth

and sustainability of the UAE economy, as well as the country's desire to expand the field of electric take-off and vertical landing
aircraft (eVTOL), thus enhancing its position as a leading global centre for the aviation sector.

Participating experts stressed the need for urgent action on climate change and addressing environmental challenges in an effective
and integrated manner and for action to provide catalysts to encourage investment in environmental sustainability. The need to
develop new strategies that are adaptable to geopolitical variables and other factors that pose a challenge to global economic

resilience was also highlighted.

Investopia sessions drew attention to the importance of increasing investments from governments and the private sector in the human

component and talent as one of the most important strategic elements in economic and social development. This is necessary to meet
the future needs of societies and enable talents and brilliant minds to innovate and develop advanced digital applications that
contribute to providing solutions to support economic growth.

Speakers noted that creating an enabling environment to promote innovation and build entrepreneurial enterprises based on creativity
and excellence is critical to meeting global economic challenges. The government sector's focus on reducing carbon emissions and

driving digital transformation would support the competitiveness of that environment and enhance economic stability.

They also emphasised the UAE's pivotal role in promoting artificial intelligence innovation and developing new industries that

support the future of sustainable economic development and a rapid transition towards the digital age. The proactive approach
adopted by the UAE to shift from carbon-intensive industries to sustainable initiatives such as the significant expansion of clean
energy was also highlighted. Speakers pointed out the UAE as a model for building a future economy based on innovation,

knowledge and sustainability.

Investopedia sessions noted that governments' desire to adopt competitive economic legislation, flexible fiscal policies and tax

facilities is key to overcoming the uncertainty of the global economic landscape, containing shocks and reducing risks for emerging

https://news.webindia123.com/news/articles/World/20240428/4192084.html 2/3