Page 65 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2025
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The panels tackled several key topics, most notably the latest global and local trends in the
               fields of  circular  economy, family  offices, innovation and  entrepreneurship, in addition to
               sustainable investment strategies. They  highlighted  the importance of adopting innovative
               economic models, achieving integration between the public and private sectors and
               strengthening strategic partnerships to address current environmental and economic challenges,
               while highlighting the UAE's experience in reducing waste and enhancing sustainability and
               resource efficiency.

               Diversifying strategies and policies to face economic crises

               Day two agenda of Investopia Dialogues included a session titled "Black Swans and Grey
               Swans: Policies and Strategies in an Uncertain World", in which His Excellency Abdulla bin
               Touq Al Marri, Minister of Economy and Chairman of Investopia; and His Excellency Jean-
               Pierre Raffarin, former French Prime Minister, shared their views. The session focused on how
               governments and the private sector deal with unexpected events that have a high impact on the
               global economy.

               During the session, H.E. Bin Touq spoke about the unexpected challenges that could affect the
               global economic landscape, including geopolitical risks, such as tensions between China and
               Taiwan, and the effects of advanced technology and new artificial intelligence applications. He
               emphasized the importance of economies adapting and raising their readiness to face such
               developments and challenges through agility, economic diversification, supporting emerging
               and new sectors, and stimulating innovation. His Excellency said: "Many of these risks and
               challenges may turn into opportunities if a proactive vision is adopted and flexible economic
               policies that anticipate future trends are developed."

                In the same  context, His Excellency Bin  Touq highlighted the importance of developing
               strategies to deal with crises and pandemics that can lead to severe and sudden economic
               impacts. He added that knowledge on best methodologies to deal with such crises, especially
               by enhancing the flexibility of trade and supply chains in light of crises and pandemics, is key.
               The  capabilities  of governments, and business  sectors to face  such  challenges should be
               enhanced through financial flexibility and sound economic knowledge.

               His Excellency also pointed out the importance of international cooperation and the exchange
               of knowledge and best practices in dealing with the impact of the global debt crisis that affects
               the global economic reality. His Excellency said: "In order to reduce inflation, interest rates
               were raised, and this trend has a negative impact on the private sector, which is already
               suffering from a lot of debt. It is important to work on reducing interest rates over the next few
               years to provide greater opportunities and capabilities for the growth of the private sector and
               business communities."

               Meanwhile,  His Excellency Raffarin  touched upon  the tensions witnessed by the global
               economy today resulting from geopolitical and economic risks and variables, including the war
               in Europe, the new tariffs announced by the new US administration, and Chinese economic
               policies, noting that many of today’s challenges cannot be predicted. His Excellency explained
               the importance of openness and cooperation to establish new regulatory frameworks for trade
               and investment, and the importance of  working with the United States and China in this
               direction. His Excellency  underlined  the importance of focusing on climate change,
               environmental protection and sustainable development paths as international commonalities
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