The 9th Annual Investment Forum will be held at the Dubai World Trade Center on April 8, with the participation of prominent decision makers, senior government leaders and officials at the local, regional and international levels.
The forum aims to discuss the future of foreign direct investment and support the global economy through digital globalization and under the protection of Sheikh Mohammed bin Rashid Al Maktoum, Deputy President and UAE Prime Minister and Ruler of Dubai.
The Annual Investment Forum is one of the most prominent regional events in foreign direct investment, held at the initiative of the European Union Ministry of Economy and gathering prominent political, economic, financial and academic leaders to develop strategies to attract foreign direct investment through strategic and network partnerships, exchanges knowledge and expertise, trading on a global scale.
The ninth session of the Annual Investment Forum examines ways to develop new approaches to strategies used to guide the flow of foreign direct investment to countries whose vision of investment is consistent with the development of modern technology and its application to smart city solutions, artificial intelligence, robotics, mega data ,
Engineer Sultan bin Saeed Al Mansouri, Minister of Economy, said that the reality of global investment witnessed unprecedented changes driven by qualitative developments made by technological output especially in the business sector. Many investment companies in the world are very focused on digital economics and using technology forward in the project. Commercial and industrial during the next phase.
He added: It requires new level of cooperation and dialogue and exchange of experience both at the government level or at the private sector level, to generate new initiatives and strategies that encourage our ability to keep up with the latest trends in the world of technology, such as artificial intelligence and Internet matters and big data and digital currency and various applications of the Fourth Industrial Revolution.
He added that the UAE was interested in continuing to develop its investment environment because trying to build a competitive economy that is diversified based on knowledge, innovation, technology and scientific research, and now a prominent place in the global investment map, has been ranked first in the Arab world and during several consecutive years in the flow of foreign investment. Directly in and out.
He emphasized the seriousness of the UAE to be at the forefront of efforts given at regional and global levels to form better and effective investment policies to deal optimally with the opportunities and challenges posed by digital globalization. He stressed that the Annual Investment Forum is a pioneering platform for building new global partnerships that contribute to the development of the FDI environment Strengthening incentives and directing flows to serve our development goals.
The conference will focus on ways to counter the slowdown in global investment flows, which account for 15% of the decline in trade protectionism implemented by many countries, which impacts on expectations of the economic performance of developing countries. On the other hand, many investors depend on the ability of the technology sector to attract large investments, given the recent technology thesis which is believed to be partly to lead all business sectors, especially the industrial sector in the near future.
Among the most important axes of future technology trends ready for qualitative change in the investment landscape in the coming years is the application of artificial intelligence, which is expected to contribute $ 15.7 trillion to the global economy by 2030, with global investment reaching $ 89.9 billion by 2025.
Qin Block is also one of the most interesting technologies at the moment, and its global investment is expected to reach around $ 300 billion by 2024. Smart Transportation Systems can attract large investments by 2024. Direct global investment in this sector is $ 57.44 billion. Smart infrastructure, a trend that is increasingly being used to replace old buildings and facilities, is expected to attract significant investment interest of $ 3.7 trillion by 2035.
Similarly, global sustainability projects will reach around $ 22.89 trillion, and foreign direct investment (FDI) related to technology diversification can play a major role in increasing cross-border investment and facilitating regional trade.
The ninth forum aims to become one of the most important FDI platforms in the world, if not the biggest. At the initial stage, this forum can be the largest meeting of policy makers, business leaders, regional and international investors, business people, academics and leading experts offering information and the latest strategy to attract foreign direct investment.
The conference was attended by more than 20 thousand investors and visitors from more than 140 countries, and benefited around 1,200 participants in the conference on foreign direct investment transactions and strategic communication, facilitating this event, which lasted three days each year around 1852 meetings between companies and 821 meeting between institutions.