Page 398 - MOE ENGLISH PR - APRIL 2024
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4/30/24, 9:31 AM Investopia 2024 emphasises importance of driving new economy projects in AI, fintech, healthcare, environment
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
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