"Abu Dhabi Investment Forum" In Shanghai, he reviews his strategies and promising opportunities

Shanghai, February 20 / WAM / His Excellency Ahmed Jassim Al -Zaabi, Head of the Department of Economic Development – Abu Dhabi, said that today, thanks to the guidance of the wise leadership, it has become a global center as an upward center for industry and innovation, as it witnessed over the past years a rapid economic expansion that experts called “Economy The falcon, “explaining that the emirate, which exceeds the value of the investment assets of its sovereign funds, 1.7 trillion dollars, It is classified among the most important financial capitals in the world and is known as the “capital of capital”.
His Excellency added, in his main speech at the “Abu Dhabi Investment Forum”, which was held today in the city of Shanghai under the slogan “Invest with Abu Dhabi”, and was organized by the Abu Dhabi Investment Office in partnership with Abu Dhabi International “ADGM”, that the economy of Abu Dhabi has one of the highest rates of GDP per person. The world is the fastest growing economy in the Middle East and North Africa region, pointing out Until 68% of the UAE GDP in 2024 shares.
He pointed out that the growth engines in Abu Dhabi include a competitive tax environment; Where there is no tax on personal income, and a low tax ratio on companies, and free zones provide 100% full foreign ownership, which makes Abu Dhabi a global center emerging for advanced industries and technology, until it has become an attractive destination for international business and investments; As the influx of international investors to the emirate is an unprecedented rise.
He said that the Abu Dhabi Industrial Strategy represents an essential pillar in the economic development process, explaining that it aims, through an investment of $ 2.7 billion in six main programs, doubling the size of the manufacturing sector to reach 46 billion dollars and increase non -oil exports by 143% to reach 48 billion dollars; This strategy focuses on enhancing Abu Dhabi’s capabilities in advanced manufacturing, fourth industrial revolution technologies and talent development, creating a solid base for future industries.
He explained that the strategic location of Abu Dhabi at the intersection of the continents of Europe, Asia and Africa enhances this exceptional growth, which makes it a major player in world trade; It provides through the comprehensive economic partnership agreements that the UAE has concluded with more than 24 countries such as India, Turkey, Cambodia and Indonesia, in addition to many agreements under preparation, and smooth up to huge consumer markets, and this supports global customs and commercial systems that guarantee efficiency and safety in operations Commercial.
His Excellency stressed that Abu Dhabi is located in a strategic location between East and West, where 33% of the world’s population gathered a distance of a flight not exceeding four hours, indicating that the emirate appears with the reshaping of the global system and the rise of major transformations in the fields of energy, technology and the environment, as a major center on the scene World during the coming decades.
The Abu Dhabi Investment Forum in Shanghai witnessed dialogue sessions, bilateral meetings and presentations presented by representatives of the economic sectors in Abu Dhabi and China, with the participation of a group of officials and experts to review joint investment strategies, and promising opportunities in Abu Dhabi in the fields of technology, financial services, health care and trade.
The forum, which witnessed an important presence from the Chinese side, formed a suitable platform for business leaders and investors in China, to learn about opportunities in the Emirate of Abu Dhabi, which is one of the fastest growing economies in the Middle East and North Africa.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and