Launch of the Investopia Strategic Economic Forum between the UAE and Central and Eastern European countries
Dubai, November 20 / WAM / Investopia organized today in Dubai the “Investobia Strategic Economic Forum between the UAE and Central and Eastern European Countries”, which aims to enhance economic and investment cooperation in advanced and sustainable economic sectors, most notably the new economy, artificial intelligence, space, defense, energy and technology, and open future investment channels that support communication between the business communities on both sides, and discover promising investment opportunities in emerging sectors that contribute to shaping the future of the global economy.
The forum, which was organized in cooperation with Euro Atlantic Consulting, was attended by His Excellency Abdullah bin Touq Al Marri, Minister of Economy and Tourism, Chairman of Investopia, and a group of ministers, officials, business leaders, decision-makers and investors from the government and private sectors in the UAE and Central and Eastern European countries.
His Excellency Abdullah bin Touq Al Marri participated in a key session entitled “Geopolitical and Geoeconomic Restructuring”, with the participation of His Excellency Milon Zugovic, Deputy Prime Minister for Infrastructure and Regional Development in the Government of Montenegro, and Dr. Tamas Veljeji, Chairman of the Board of Directors of EuroAtlantic, where His Excellency Bin Touq said: The UAE and the countries of Central and Eastern Europe share growing economic relations characterized by increasing diversity, supported by strategic partnerships and agreements to avoid double taxation, protect and encourage Investments, which laid a solid foundation for expanding the volume of economic and investment exchange between the two sides.
His Excellency added: The two sides have promising economic and investment opportunities in advanced and emerging sectors, including the fields of the new economy and technology, the knowledge economy, renewable energy, logistics services, future industries, tourism, and transportation, which opens broad horizons for building qualitative long-term partnerships, noting that the number of companies from Central and Eastern European countries currently operating in the UAE has reached approximately 17,400 companies, which work in diverse economic activities covering a wide range of vital sectors.
His Excellency said: Based on this growing momentum, the establishment of the Investopia Strategic Economic Forum today represents a pivotal step aimed at creating new paths of cooperation and building successful partnerships and projects between the UAE and Central and Eastern European countries, which is consistent with Investopia’s mission to provide an effective platform for dialogue and exchange of visions between business leaders, decision makers and investors, and to share the latest policies and strategies related to global trends in finance and investment, which contributes to linking two dynamic regions that are reshaping the features of Prospects for future opportunities in a sustainable and comprehensive manner.
For his part, Dr. Tamas Veligi, Chairman of the Board of Directors of EuroAtlantic, said: The Investopia Strategic Economic Forum between Central and Eastern European countries and the UAE represents an important platform for enhancing discussions and economic and investment partnerships, through innovation, investment and cooperation in the field of flexible and competitive economic policies. Based on the outcomes of this forum, Investopia and EuroAtlantic will continue to enhance this dialogue and translate ideas and visions into tangible partnerships.
The forum witnessed the organization of a group of discussion sessions that addressed the future of cooperation in vital economic sectors, including artificial intelligence, space and defense, energy, and technology, as essential pillars for enhancing the levels of economic and investment partnership between the UAE and Central and Eastern European countries.
A session entitled “Enablers of the Investment Environment in the United Arab Emirates” shed light on the advantages of the investment environment in the Emirates and the supportive policies to encourage the entry of investors and businessmen into the Emirati markets, with the participation of Dr. Fadel Jawi, Advisor to the Emirati Ministry of Investment.
A session entitled “Future Prospects: Artificial Intelligence, Space and Defense” addressed the industrial and technological capabilities in Central and Eastern European countries, especially in the fields of space and defence, as well as the potential for innovation and development in these sectors, and how industrial expertise in the region can meet investment opportunities in the Gulf and global markets to enhance joint economic growth, with the participation of His Excellency Radomir Salitro, Minister of State and Deputy Minister of Investment, Regional Development and Informatics in Slovakia; His Excellency Szabolcs Szollnocki, Deputy State Minister for Technology, Space and Defense Industry of the Hungarian Ministry of National Economy; Martin Yates, senior government technology advisor at PreSight; The session was moderated by David Tabet, Chief Operating Officer of Investopia.
A session entitled “Dubai is a global platform for communication, growth and sustainability,” with the participation of Mohammed Sharaf, Executive Director of Investment Attraction Operations at the Dubai Economic Development Corporation, reviewed the flexible economic legislation and policies for the business and investment environment in the UAE and Dubai, and its role in enhancing the attractiveness of the UAE market for local and foreign investments, opening channels for economic cooperation with various regions around the world, including Central and Eastern Europe, and how to benefit from the strategic location of the UAE and its network of economic relations to enhance growth opportunities and connections with international markets.
Another session at the forum, entitled “Energy Transitions: The Resilience of CEE Economies and the Flow of Gulf Capital,” touched on opportunities for cooperation in the energy and renewable energy sectors between the Arab Gulf states and Central and Eastern European countries, and ways to integrate industrial and technological capabilities with financing and investment capabilities to create sustainable economic projects, in the presence of Gergely Yakli, Chairman of the Board of Directors and CEO of the Baksh 2 Nuclear Power Plant; Thomas Gangl, former member of the Executive Board of OMV and CEO of Borealis; Mario Claric – CEO of Profesio Energia, and the session was moderated by Dejan Simic, Managing Partner of ID Consultants.
A session entitled “New Policies and Paths: What Europe Offers” discussed European economic policies and cooperation and export opportunities between the UAE and Central and Eastern European countries, in which His Excellency Hrvoj Bojanovic, former Minister of Economy and Sustainability of Croatia participated; His Excellency Vasil Hudak, former Minister of Economy of Slovakia; Her Excellency Katalin Behari, Deputy Secretary of State for Foreign Economic Affairs of Hungary and CEO of the Hungarian Export Promotion Agency, and the session was moderated by Aaron Vilighi, CEO of HypeX Consulting.
Omar Al Fahim, Vice President of Sales and Business Account Management at Dubai Silicon Oasis, participated; Asmaa El Quseir, founder and CEO of FirmFox; Neven Rojenic, President of the Emirates-Croatia Business Club, in a session entitled “From Idea to Entity: Establishment in the Emirates,” gave a presentation on the procedures for establishing businesses and various economic activities in the UAE markets, with a focus on the competitiveness of establishing these businesses quickly and flexibly.
The outcomes of the Investopia Strategic Economic Forum included directing the establishment of new versions of the “Investobia Global Dialogues” during the next year in the Central and Eastern Europe region, in a way that enhances the exchange of knowledge and innovation, opens broad horizons for strategic partnerships between the UAE and this region, and contributes to supporting the building of an interconnected global economy based on innovation, efficiency and integration.
It is noteworthy that Investopia, through its events and conferences, has attracted more than 16,000 participants from about 71 countries since 2021 until now, and has organized 18 global events in major cities such as New York, Geneva, London, Milan, Monaco, Rabat, Hong Kong, and Beijing, within the framework of enhancing the UAE’s vision of consolidating its position as a global environment that attracts investments and supporting its connection to the fastest growing markets in the world.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
