Investopia Partners Discuss Investment Opportunities and Challenges in the Middle East Region
The partners of the global investment platform “Investopia” recently discussed investment opportunities and challenges in the Middle East region, and the role of Investopia to support investments in the new economy. The discussions took place during a business session held in collaboration with Abu Dhabi Department of Economic Development (ADDED) and witnessed the announcement of Investopia’s next annual conference on 1 and 2 March 2023 in Abu Dhabi. The session was attended by Investopia partners, such as Crypto.com, BlackRock, IFC, and Sharjah FDI Office (Invest in Sharjah).
HE Rashed Abdulkarim Al Blooshi, Undersecretary of ADDED, stated that Investopia is a strong addition to the UAE’s focused conventions scene, which seeks to identify untapped opportunities for FDI inflows and outflows. Side by side with the partners at the Ministry of Economy, their main over-arching objective is to boost the performance of the macro-economy and the financial sector, via ongoing diversification initiatives. Investopia is a crucial platform that invites the private sector to be more involved in the economic vision, and they are delighted to be hosting such a prestigious event in Abu Dhabi during Q1 2023, as they bring together the private and government sector onto one platform.
Mohamed Naser Al Zaabi, CEO of Investopia, said “These dialogues organized by Investopia, and its partners, are very important as they discuss the latest global and regional economic developments, and the necessary solutions to enhance investments in the new economy sectors.”
Mohamed Juma Al Musharrkh, CEO of Sharjah FDI Office (Invest in Sharjah), expressed their belief that the conference’s second edition in March next year will continue to enhance Sharjah’s efforts to attract qualitative investments, particularly in sectors of greentech, advanced manufacturing, human capital & innovation, agri-food tech, mobility and logistics, health & wellbeing, and culture & tourism. They look forward to participating in the new dialogues on the future of emerging markets and world economies at Investopia 2023.
Stuart Isted, General Manager, Middle East and Africa at Crypto.com, expressed their commitment to assisting the expansion of the digital ecosystem in the UAE and supporting the government and various regulators on their mission to securely integrate blockchain technology into everyday life. They see the region helping lead the forefront of this transition globally, so becoming a founding partner of Investopia was important to them as they share similar visions of how cryptocurrency will transform the global and local economy.
Paschalis Bouchoris, Country Head for BlackRock in Dubai, stated that Investopia is a conference to discuss structural changes and long-term investment trends requiring the public and private sectors to come together to address challenges and unlock exponential growth opportunities. Sufyan Al Issa, the head of IFC’s office in the United Arab Emirates, expressed their belief that foreign investment in this region can create jobs, improve infrastructure, and address a host of other development needs.
Investopia’s first annual conference, held on 28 March 2022 in Dubai, aimed to channel global investments towards new economy sectors and sustain the growth of the global economy, successfully initiating business dialogues across 12 economic sectors, like education, renewable energy, supply chain, logistics, space, agri-tech, and healthcare. Investopia comes as one of the major strategic initiatives under the ‘Projects of the 50’ launched by the UAE Government in September 2021.