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3/18/25, 2:52 PM Investopia 2024: MoU signed with Emirates Motor Company
Investopia 2024: MoU signed with Emirates Motor Company for cooperation in innovative transportation
The deal aims to develop innovative, sustainable solutions in the automotive industry

Part of Investopia 2024. (Photo Credit: Investopia)
Published: Thu 29 Feb 2024, 10:35 AM Last updated: Thu 29 Feb 2024, 10:39 AM
Investopia 2024 announced the signing of a memorandum of understanding (MoU) with Emirates
Motor Company, a member of the Al Fahim Group and the authorized general agent for Mercedes-
Benz cars in Abu Dhabi. This collaboration aims to foster innovation in the field of transportation.
Read more: Investopia 2024: 11 panels exploring investment opportunities in new economy

The MoU was signed by Badriya Al Maidour, assistant under-secretary of the UAE Ministry of
Economy for the Support Services Sector, and Ahmed Abdul Jalil Al Fahim, chairman of the Board
of Directors of Al Fahim Group. The signing ceremony took place in the presence of Abdullah bin
Touq Al Marri, UAE minister of Economy.
Developing innovative business models
Badriya Al Maidour stated that the agreement is in alignment with Investopia’s vision to enhance
collaborations with its partners and establish new and sustainable partnerships. She also mentioned
that the deal will contribute to the achievement of their ambitious goals. Al Maidour further added
that they are pleased to collaborate with Emirates Motor Company and jointly develop innovative
business models in the transportation sector. She emphasized the importance of keeping pace with
future trends and promoting the transition towards new economic sectors.
Sustainable solutions in the automotive industry
For his part, Ahmed Abdul Jalil Al Fahim said the renewal of their partnership with Investopia
reflects their shared vision to promote new economic concepts. He highlighted their commitment to
advancing the electric mobility sector and offering sustainable solutions within the automotive

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