World news | UAE committed to sustainable development and economic diversification: Thani Al Zeyoudi at the AIM Congress

Abu Dhabi (UAE), May 7 (ANI/WAM): The 13th AIM Congress kicked off today in Abu Dhabi, with an opening ceremony that highlighted the importance of adapting to a changing investment landscape to promote global economic development.

In his welcome speech, Thani Al Zeyoudi, Minister of State for Foreign Trade, highlighted the significance of this year’s conference theme, ‘Adapting to a Changing Investment Landscape: Unlocking New Potential for Global Economic Development’, amid continued global recovery and renewed economic optimism. .

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Al Zeyoudi underlined the rapid transformations and unprecedented opportunities for global economic development, while recognizing the interconnected challenges that have tested countries around the world. He emphasized the critical need for sustainable growth and inclusive prosperity in today’s interconnected world.

The Minister reaffirmed the UAE’s commitment to sustainable development, economic diversification and innovation under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. He highlighted the country’s ambitious goals, as set out in the UAE Centennial 2071 and the Abu Dhabi Economic Vision 2030, and positioned the UAE as a beacon of stability, investment center and catalyst for regional and global progress.

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Highlighting the UAE’s magnetism for investments and opportunities, Al Zeyoudi cited UNCTAD’s World Investment Report 2023, which showed a significant increase in foreign direct investment to the UAE in 2022, reaching $22.7 billion. This propelled the UAE to the 16th position in terms of foreign direct investment inflows globally, with the country claiming top positions in West Asia and the MENA regions.

Al Zeyoudi emphasized that these investment flows are driving new economic sectors, supporting innovation and advancing capabilities, driving the UAE towards a more resilient, inclusive and sustainable future. He urged attendees to seize the opportunity to harness the power of investments for the greater good, creating shared value and forging new partnerships that transcend boundaries and transform lives.

The opening ceremony set the stage for a productive forum at the AIM Congress, promoting dialogue and collaboration toward a shared vision for a better world. (ANI/WAM)

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