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active fintech startups in Brazil alone, and a market valuation exceeding
$45 billion.
The SuperBridge Summit will also provide a platform to explore the

knowledge exchange between the two regions. The GCC’s expertise in
infrastructure development, particularly in large-scale road, energy, and
telecommunications projects, offers valuable lessons for Latin America,
where infrastructure remains a critical growth constraint. In turn, Latin
America’s innovations in digital finance, agriculture technology, and

renewable energy align with the Middle East’s diversification goals and
pursuit of sustainable growth.
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

https://africazine.com/2024/09/superbridge-summit-2024-catalyzing-new-pathways-for-trade-
and-investment-between-the-middle-east-and-latin-america-prwire/