- The UAE has proven its resilience during times of uncertainty, such as conflicts, the global financial crisis, and the pandemic, by focusing on doubling DPI inflow, FID outflow, and GDP growth.
- The UAE's culture, blending tradition with pragmatism and a sense of neutrality, makes it a comfortable place for international investors to grow their businesses.
- The UAE's agile response to the pandemic, focusing on communication and fueling talent, highlights the importance of adapting quickly to uncertainty.
- The launch of the "Venture Marketplace" and Capital Introduction activity and the closed roundtables and investment meetings highlights Investopia's commitment to creating an investment community and marketplace for unique opportunities in new economies.
- Multilateralism and sustainability are essential factors in shaping the future of investment, as highlighted by the discussions about collaboration with international organizations and the focus on climate change.
- Collaboration and learning from one another are essential in rebuilding and modernizing multilateral institutions.
Investopia 2023 kicked off with over 2,000 participants from 50 countries and over 100 nationalities, all gathered to explore global opportunities for investment under the theme of “Envisioning Opportunities in Times of Change.”
Moderated by John Defterios, Professor of Business at NYU Abu Dhabi, the opening session featured H.E. Abdulla Bin Touq, Minister of Economy for the United Arab Emirates, and Anthony Scaramucci, Founder and Managing Partner of SkyBridge Capital.
H.E. Abdulla Bin Touq began the discussion by highlighting the UAE’s focus on doubling their DPI inflow, FID outflow, and GDP growth. He emphasized bringing things out of the box and envisioning changes to create opportunities. The UAE has proven its resilience during times of uncertainty, including conflicts, the global financial crisis, and the pandemic.
Anthony Scaramucci praised the UAE’s culture and sense of neutrality, making it a comfortable place for international investors to grow their businesses. He emphasized the country’s focus on what’s next and doubling, with 7.5% economic growth. The discussion then turned to the UAE’s response to the pandemic and the deregulations created to create opportunities.
H.E. Abdulla Bin Touq described the UAE’s agile response to the pandemic, focusing on communication and fueling talent as the primary resource for the economy. He highlighted the 100% ownership program, which has led to 300,000 new businesses and 2.2 trillion AED worth of trade. The discussion also touched on inflationary pressures and the launch of the astronaut program in the UAE.
The conversation concluded with a discussion about the future of multilateral institutions, with Anthony Scaramucci stressing the importance of learning from one another to rebuild and modernize these institutions. H.E. Abdulla Bin Touq echoed this sentiment, emphasizing international collaboration’s importance in addressing global challenges.
The opening session of Investopia 2023 set the tone for the rest of the event, providing valuable insights and opportunities for investors looking to explore new investment trends and opportunities resulting from a rapidly changing world. The event’s focus on bringing together global leaders and investors from various economic sectors and promoting multilateralism and sustainability will undoubtedly contribute to shaping the future of investment.
Investopia’s launch of the “Venture Marketplace” and Capital Introduction activity and its closed roundtables and investment meetings further highlight the event’s commitment to creating an investment community and marketplace for unique opportunities in new economies.
Investopia 2023 promises to be a highly informative and dynamic event, providing participants with a unique platform to explore new insights and investment trends, connect with like-minded global leaders, and identify promising investment opportunities in new economies and beyond. With its focus on envisioning opportunities in times of change and promoting international collaboration, Investopia 2023 will be a valuable event for investors looking to navigate a rapidly changing world.