The Ministry of Investment and “Onctad” enhance their investment cooperation

Abu Dhabi, April 8 / WAM / The Ministry of Investment, and the United Nations Trade and Development Agency “Onctad” signed a memorandum of understanding to enhance cooperation between them in the field of investment policies, research development and sustainable economic development.

This partnership affirms the UAE’s keenness to establish an attractive environment for investment in a way that enhances its position as a leading global business center, and the agreement is in line with the obligations of “Unkad” to support countries and help them benefit from the opportunities provided by the globalization of the global economy.
This cooperation contributes to supporting the implementation of the national investment strategy 2031, and the establishment of the UAE’s position as a leading destination for investment by taking advantage of its advanced infrastructure, its business -supporting policies, and its global strategic location.
The Memorandum of Understanding was signed by His Excellency Mohamed Abdel -Rahman Al -Hawi, Undersecretary of the Ministry of Investment; Nan Lee Collins, Supreme Director of Investment and Projects at “Unkad”.
Under the Memorandum of Understanding, the Ministry of Investment and UNCTAD will set a framework for cooperation to enhance investment policies, facilitate capacity building initiatives, and stimulate sustainable economic growth. The main areas of cooperation include the exchange of cognitive experiences, joint research projects, participation in events, supportive advisory activities, and align efforts with the sustainable development goals.
His Excellency Mohamed Abdel -Rahman Al -Hawi, Undersecretary of the Ministry of Investment, said that the memorandum of understanding is clearly in line with the Ministry’s aspirations to establish the UAE’s position as a leading global investment destination through the establishment of an attractive investment system that provides tangible opportunities and results, noting that the ministry will continue through cooperation with “UNCTAD”, the implementation of the national investment strategy, and to attract high investments that contribute to stimulating long -term economic growth.

He added that this partnership confirms the UAE’s constant commitment to building an investment system that focuses on the future, supports its vision of economic diversification, and enhances its global competitiveness.
For her part, Mrs. Nan Lee Collins, Supreme Director of Investment and Projects at the “UNCTAD” agency, said that this partnership supports the agency’s message in creating a more comprehensive and sustainable global investment environment, and that the agency seeks, through working with the Ministry of Investment, to enhance capacity building initiatives and support economic policies that benefit global investors and developing economies alike.
This partnership highlights the accelerated growth of the UAE as a leading global investment destination, driven by the constant commitment to its wise leadership to build a knowledge -based economy and the adoption of innovation in its various economic sectors.

Thanks to its large investments and partnerships in the areas of high growth such as artificial intelligence, renewable energy and digital transformation, the UAE continues to establish its position at the forefront of innovation and economic diversification.
The UAE and “UNCTAD”, by concluding strategic international partnerships and implementing remote policies, will enhance sustainable investment opportunities and establish a dynamic environment for innovation and development.

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