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4/12/24, 4:17 PM Investopia 2024 launches Next50 initiative to create investment opportunities for UAE's most innovative companies
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Investopia 2024 launches Next50 initiative to
create investment opportunities for UAE's most
innovative companies
COMMENT
Middle East | April 1, 2024 10:27:54 PM IST
Abu Dhabi [UAE], April 1 (ANI/WAM): In the presence of Abdullah bin Touq Al Marri, Minister of Economy and Chairman of
Investopia, Investopia launched the "Next50" initiative, in collaboration with the renowned emerging markets research centre, EMIR.
The primary objective of this initiative is to unlock fresh investment prospects for high-potential and rapidly expanding companies
within the UAE.
The Next50 offers a unique platform for 50 top CEOs and founders who have achieved remarkable success with their businesses and
entrepreneurial ventures in the UAE market. They have successfully enhanced operational processes, increased revenue streams, and
created employment opportunities.
The primary objective of Next50 is to cultivate an environment that encourages the exchange of knowledge, explores potential
collaborations, expands investments in new economic sectors, and facilitates local and global market growth.
Bin Touq emphasised the significance of introducing the "Next50" initiative as it exemplifies Investopia's dedication to supporting
local companies and enhancing their contribution to the country's economic growth.
The initiative falls under the "Investopia Communities," aiming to foster continuous communication between investors and
government officials.
It aligns with Investopia's objectives of facilitating connections between companies and institutions and fostering cooperative
partnerships between leading investors and key economic stakeholders.
He said, "We firmly believe that the private sector plays a pivotal role in driving the growth of the national economy. Our mission at
Investopia is to support these leading companies and equip them with the necessary resources for success. We aim to develop a
knowledge-based and innovative economy by fostering collaboration among various economic forces. We seek to empower the local
business community to compete and excel in global markets by introducing the Next50 initiative. We are confident that this initiative
will serve as a strong catalyst for these companies and significantly contribute to enhancing the overall business environment in our
country, in line with our local objectives and global aspirations."
The Next50 will offer more significant opportunities for engagement and collaboration with government entities and easier access to
capital by interacting and aligning with crucial investment funds, banks, and family companies to facilitate potential investment
transactions.
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