Page 26 - SUPERBRIDGE PR REPORT - SEPTEMBER 2024

9/25/24, 2:09 PM Business News

A Crucial Moment for Enhanced Economic Ties

As both regions strive to diversify their economic bases, the SuperBridge Summit 2024 will be crucial in

facilitating new agreements and partnerships. With the GCC countries expected to attract over $150 billion in
foreign direct investment (FDI) by 2025 and Latin America experiencing a resurgence in growth post-

pandemic, the time is ripe for strategic cooperation. The Economist Impact report highlights that 64% of Latin
American executives are now looking to increase engagement with the GCC, driven by opportunities in

sectors like agriculture, renewable energy, and digital services.

Trixie LohMirmand, Executive Vice President at the Dubai World Trade Centre, noted, “The synergies

between the Middle East and Latin America are stronger than ever. The SuperBridge Summit 2024 will
provide an unprecedented opportunity for businesses to redefine their strategies, engage with new partners,

and capitalize on the vast potential these regions offer.”

Fernando X. Donayre, CEO of Inca Investments, added, “We are witnessing a paradigm shift in global trade

and investment flows, where regions like the Middle East and Latin America are emerging as new growth
engines. The Summit is the ideal platform to connect, strategize, and foster partnerships that will drive

sustainable development for decades to come.”

Recent High-Profile Engagements and Future Prospects

Recent high-profile deals underscore the strategic potential of these partnerships. In addition to DP World’s
investments, Qatar Airways has expanded its routes to key Latin American destinations, including Sao Paulo,
Buenos Aires, and Lima, boosting connectivity and facilitating both business and tourism flows.

Looking ahead, the SuperBridge Summit 2024 will take place from October 15 to 16 at the Dubai World

Trade Centre, in conjunction with GITEX Global, one of the largest technology showcases globally. This
confluence of events is expected to attract over 10,000 global business leaders, entrepreneurs, and

innovators to discuss emerging trends, share insights, and forge partnerships that can drive mutual growth.

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