Money and business

"Investopia Tokyo" Explores investment opportunities in the new economy and entrepreneurship sectors

TOKYO, December 19 / WAM / Investopia launched a new version of its global dialogues, “Investobia Tokyo”, with the aim of stimulating investment in the sectors of the new economy, investment, financial services, advanced manufacturing, entrepreneurship, small and medium enterprises, and technology, and learning about the latest global trends in areas of rapid growth, As well as recent financing trends in the Emirati, Japanese and Asian markets, in cooperation with the UAE Ministry of Investment, the Japanese Ministry of Economy, Trade and Industry, the Japan External Trade Organization (JETRO), and the Japanese Chamber of Commerce and Industry.

This came during an event organized by Investopia today in the Japanese capital, Tokyo, in the presence of His Excellency Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia, His Excellency Alia bint Abdullah Al Mazrouei, Minister of State for Entrepreneurship, His Excellency Mohammed Abdul Rahman Al Hawi, Undersecretary of the Ministry of Investment, and His Excellency Shehab Ahmed Al Fahim, Ambassador. The State of Japan, and Dr. Jean Fares, CEO of Investopia, with the participation of more than 150 People from leaders, decision makers, businessmen, investors, economists and entrepreneurs.

His Excellency Abdullah bin Touq Al Marri said that the UAE and Japan have a rich history of fruitful cooperation, strategic relations, and strong economic and investment ties extending over many years, and Japan has always been a major partner of the UAE in the sectors of the new economy, investment, technology and innovation, noting that “Investobia Tokyo” is an ideal opportunity. To advance the economic partnership between the two friendly countries in these vital sectors to higher levels that serve the two countries’ visions of enhancing the growth and sustainability of their economies.

In his speech during the event, His Excellency added that the discussion sessions and round table meetings of “Investobia Tokyo” provide promising economic and investment opportunities for the Emirati and Japanese business communities and enhance the attractiveness of the two countries’ markets for investments in vital and sustainable fields, noting that choosing Japan to establish a new station for the Investopia Dialogues Globalization comes as an emphasis on the importance of the Japanese business community as an important partner for the business sector in the UAE, as Japan is one of the largest economies. In the world and home to new economic areas, especially technology and innovation.

His Excellency noted that the UAE has witnessed, thanks to the directives of its wise leadership, a remarkable shift in the diversification of its national economy, as the percentage of non-oil sectors’ contribution to the country’s gross domestic product reached 75%, which confirms the rapid development of the shift towards an innovative economic model based on flexibility and sustainability, and taking steady steps. To become the global center of the new economy by the next decade in light of the objectives of the “We Are the Emirates 2031” vision.

His Excellency Matsuo Takehiko, Deputy Minister for International Affairs at the Japanese Ministry of Economy, Trade and Industry, said that the Investopia event is a distinguished event to discuss ways to enhance trade and investment exchange between the two friendly countries, expressing his aspiration that the discussions will yield more new directions for cooperation.

He stressed that Japan and the UAE are working to enhance cooperation in non-traditional fields, including innovation, which contributes to the development of the UAE’s industrial sector.

He also welcomed the UAE’s participation in Expo 2025 Osaka-Kansai next year, expecting the two countries to witness more active economic cooperation during the next stage.

Norihiko Ishiguro, Chairman of the Board of Directors of the Japan External Trade Organization (JETRO), said that the Investopia Tokyo event represents an important opportunity to explore the attractiveness of the business environment in the UAE, which Japan considers one of the most important global destinations for investment and starting businesses, expressing his aspiration that this event will open new horizons. Enhancing relations between Emirati and Japanese companies.

He pointed out that JETRO’s offices in Dubai and across Japan will continue their efforts to support cooperation between the Emirati and Japanese business communities, in pursuit of their common goals.

Investopia Tokyo witnessed the holding of 5 fruitful and effective discussion sessions, the first and main session of which was titled “Building Thriving Start-ups… Exploring the Entrepreneurial Entrepreneurship Environment in the Emirati and Japanese Markets,” in the presence of Her Excellency Alya bint Abdullah Al Mazrouei, Minister of State for Entrepreneurship, and Her Excellency Shehab Ahmed Al Fahim. The UAE Ambassador to Japan, and His Excellency Yuriko Koike, Governor of Tokyo, discussed the importance of entrepreneurship in driving innovation and the shift towards economic models. Advanced, as well as the advantages and capabilities offered by the UAE and Japan to stimulate innovation and creativity in various fields, and the growth of entrepreneurs’ projects, as well as how to enhance their communication with investment funds and business communities to obtain the necessary financing.

Her Excellency Alia Al Mazrouei said that the UAE and Japan share common visions on developing the small and medium enterprises sector as it is one of the vital and key sectors in enhancing the growth and sustainability of their economies. In this context, the Ministry of Economy places developing the entrepreneurship environment and supporting the growth of national emerging projects among its priorities, action plans and strategies, as The new entrepreneurship system was launched, which was based on a number of initiatives, including the formation of the “Emirates Entrepreneurship Council,” the establishment of a unified national platform for ease of doing business, and the establishment of the “Reyada Fund,” which The state allocated incentives worth 300 million dirhams to him to encourage graduates to enter the field of entrepreneurship.

Her Excellency added that “Investobia Tokyo” constitutes an important platform for discussion about the future of the small and medium enterprises sector in the two countries, exchanging experiences and knowledge about global trends in financing emerging projects by investors and risk capital funds, and supporting them in expanding into new markets, as well as discussing flexible economic policies for a competitive environment. Entrepreneurship in the UAE and Japanese markets.

The second session of the event, entitled “New Trends Shaping the Investment Landscape in Japan and the United Arab Emirates,” discussed the rapidly evolving global investment climate, mechanisms for adapting to global economic transformations and local policy transformations, while highlighting the main sectors driving economic diversification in the two countries, and emerging opportunities for investors and partnerships. Across the border between the two countries.

The third session, entitled “Manufacturing Momentum… Exploring the Opportunities Available to Japanese Companies in the UAE,” focused on the UAE’s acceleration of its industrial strategy, which has established its position as a global center for advanced technology and sustainable manufacturing, starting from advanced robotics to green energy initiatives, which provides unique opportunities for Japanese companies. This is done by combining Japanese expertise in precision engineering and innovation, with the UAE’s forward-looking vision and the capabilities it enjoys in this vital and important sector.

In the fourth session, entitled “Exploring the New Economy… Opportunities for Cooperation between Japan and the UAE in the Field of Innovation and Technology,” participants discussed the unprecedented rise of the new economy in Asian countries, in the sectors of advanced innovations in artificial intelligence, robotics and space, and investments in financial technology and digital assets.

The fifth session, entitled “The UAE’s Position as a Leading Investment Destination Regionally and Globally,” highlighted the vital and strategic sectors that support enhancing the country’s attractiveness to foreign investments, and the opportunities to increase mutual investments between the UAE and Japan during the coming period. It also addressed a number of indicators that confirm the continued growth of foreign investments in the markets. Most notably, the UAE achieved second place globally after the United States in a number of new foreign direct investment projects during the year 2023, as it recorded 1,323 new projects with a growth rate of about 33%. Compared to the year 2022, the country also recorded inflows of inward foreign direct investment projects during the year 2023 amounting to 30 billion and 688 million dollars, with a growth rate of about 35% compared to the year 2022.

The session was attended by His Excellency Mohammed Abdul Rahman Al Hawi, Undersecretary of the Ministry of Investment, His Excellency Hareb Al Muhairi, Executive Director of the Abu Dhabi Investment Office, Ahmed bin Sulayem, Senior CEO and Executive Director of the Dubai Multi Commodities Centre, and Mohammed Sharaf, Executive Director of Operations and Investment Attraction at the Department of Economy and Tourism in Dubai.

Investopia Tokyo also witnessed the holding of two round tables, the first entitled “The United Arab Emirates is a vital gateway to the Middle East… creating opportunities for Japanese investments”, in the presence of His Excellency Abdullah bin Touq Al Marri, and with the participation of a group of industry leaders, investors and companies in Japan, where His Excellency reviewed the competitive climate of the environment. Businesses in the country and the capabilities granted by flexible economic legislation, including allowing 100% foreign ownership of companies, as well as advanced infrastructure for investment in sectors. Diverse economies such as new economy, manufacturing, clean energy, digital transformation, financial technology and circular economy.

His Excellency the Minister of Economy also touched on the distinguished geographical location of the UAE as a vital economic gateway linking the East and West of the world, and a pioneering logistical center for trade and investment in the Middle East, Africa and Asia. In light of this, His Excellency invited the Japanese business community to benefit from the momentum of investment opportunities in the UAE markets and stimulate them. To increase their projects and work in the country.

The second round table was entitled “Enabling Collaboration in Entrepreneurship and Innovation”, in the presence of Her Excellency Alia Al Mazrouei, and a group of leaders of innovation centers, entrepreneurs and investment funds in Japan. This table touched on the importance of developing innovative systems in the business environment for the growth of startup projects and supporting them to transform into… Pioneering companies contribute to promoting economic development. The attendees also discussed a set of strategies aimed at advancing innovation and creativity in the two countries, as well as the importance of exchanging experiences and best practices in this regard, which contributes to strengthening the position of the UAE and Japan. As global leaders in technology and innovation.

It is noteworthy that the organization of “Investobia Tokyo” came on the sidelines of the state delegation’s visit to Japan during the period from 17 to 19 December, and it is also the last stop of the “Investobia Global” dialogues for the year 2024, and the year 2025 is scheduled to witness the launch of a series of new tours in a number of markets. Vitality at the regional and global levels, most notably Miami, Cyprus, Hungary, India, China, and the third session of “Investobia Europe” in Milan and a number of cities in Europe and Africa, within the framework of Investopia’s vision is to enhance cooperation with business communities and build sustainable partnerships.

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