Money and business

"Next50" It discusses the benefit of Emirati companies from investing in the new economy

Abu Dhabi, March 26 / WAM / “Next50”, held the joint initiative between “Investopia” and the “Emir” center, held its second meeting, in the presence of His Excellency Abdullah bin Touq Al -Marri, Minister of Economy, President of Investopia; His Excellency Hassan Al -Khatib, Minister of Investment and Foreign Trade in the Arab Republic of Egypt, and with the participation of more than 19 Emirati companies from the initiative members.

This came within the framework of the chain of round table meetings for “Investopia Communities”.
The meeting discussed the opportunities and investment potentials enjoyed by the UAE in the economic and vital sectors, especially sectors of the new economy, and its role in enhancing its attractiveness to foreign direct investments, and ways to motivate Emirati companies to increase their investments and expand their business in prominent foreign markets at the regional and international levels.
His Excellency Abdullah bin Touq Al -Marri, Minister of Economy, President of the Intensopia, said: “The private sector is a major partner in strengthening the sustainable economic and social development process for the UAE, so we are keen to increase its investments and businesses inside and outside the country, as well as enhance its contribution to future economic and investment strategies, in order to support the achievement of the targets of vision (we Emirates 2031), by raising the gross domestic product of the state to 3 AED trillion by the next decade.
His Excellency emphasized the vital and important role of the Next50 “” in enhancing communication with Emirati companies and encouraging them to take advantage of the promising investment opportunities in the new economy sectors in the state markets and abroad, especially since the initiative includes a large group of companies operating in the sectors of financial technology, finance, tourism, health care and others.

The “Next50” is one of the main initiatives that were launched under the “Interestops” umbrella with the aim of supporting economic and investment partnerships for the private sector in the UAE.
His Excellency pointed out that the meeting represents a new step to enhance the benefit of Emirati companies from “Intestopia”, as it constitutes a vital global platform that stimulates investment in emerging economic sectors, and contributes to enhancing sustainable growth and innovation by linking investors and stakeholders across various industries and sectors, in addition to expanding global dialogues and discussions in major economic centers within the country, Europe and Asia And Africa and the Americas, which establishes the UAE’s position as a global partner and an attractive and influential economic center.
For his part, His Excellency Hassan Al -Khatib, Minister of Investment and Foreign Trade in the Arab Republic of Egypt, affirmed the strength and strength of Egyptian -Emirati relations, which is witnessing a continuous development in all fields, where the two countries enjoy a distinguished economic partnership, indicating that this meeting constitutes a vital opportunity to enhance economic and trade relations between Egypt and the Emirates, increase mutual investments, and support communication with the Emirati business community.
He reviewed a set of investment opportunities available in the Egyptian markets, as well as economic developments and development infrastructure projects that Egypt witnessed during the last stage, the priorities of the Egyptian government for investment and trade, and invited the participants in the meeting to benefit from the momentum of new economic and investment projects in Egypt and its investment climate potentials.
The meeting touched on the importance of companies ’participation members of the initiative in copying and events coming to“ Investopia ”, as well as important investment conferences and events at the local and global levels, in order to support the establishment of new investment projects and partnerships, and enhance cooperation between these companies, business societies, economic bodies, banking institutions and investment funds, in addition to facilitating obtaining the necessary funding for their projects.
It is noteworthy that “Investopia” announced the launch of the “Next50” initiative during its third edition, which was held in Abu Dhabi February 2024, where the initiative aims to enhance communication and exchange of knowledge between Emirati entrepreneurial companies, and stimulate investment in emerging sectors within the business community in the UAE.

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