UAE holds Annual Investment Meeting to boost economy

The United Arab Emirates through its Ministry of Economy has concluded plans to hold an Annual Investment Meeting from March 29 – 31, 2022 with focus on creating more investment channels.

Eyeing the augmentation of Foreign Direct Investments flows worldwide, The Annual Investment Meeting – an initiative by the UAE’s Ministry of Economy expressed its keenness on continuing to create numerous investment opportunities and innovative economic and business strategies, whilst fully supporting the ensuing macro recovery and subsequent changes to the global economy.

The UAE is one of the world’s top 20 economies, in terms of FDI, indicating the country’s strong economic performance. In response to the pandemic, it was one of the first countries in the world to launch stimulus packages and initiatives to provide the necessary support to the economy’s various sectors and adapt to pandemic-related challenges.

AIM 2022 will recognize the best Investment Promotion Agencies across the globe through the AIM Awards, giving tribute to the best FDI projects in regions that have contributed significantly to their markets’ growth and expansion.“Less than a decade away from SDGs 2030, where are we now, in terms of sustainable investments?” which will explore the concerns and action plans to foster inclusive economic development and resilient societies.

− According to UNCTAD, only half of the IPAs worldwide acknowledge the impact of FDI attraction in their country zones. The Special Economic Zones session, “Walking the Talk Beyond Fiscal Incentives”, will discuss the rationality of establishing SEZs: what makes them mutually prosperous and sustainable in today’s business context; and how to best strategize their development through constructive partnerships.

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