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Under the patronage of Hamdan bin Mohammed 5th edition of the Dubai Investment Week Begun

The opening ceremony was held in the presence of investors and international representatives from the US, China, Brazil and the US, India and the UK

Under the patronage of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the crown prince of Dubai and chairman of the executive committee, The 5th edition of Dubai Investment Week was opened yesterday (Monday, September 30, 2019). The event, organized by Dubai Foreign Direct Investment, an investment promotion agency of the Dubai Economy, takes place under the theme Investing in the City of the Future, with A number of Heads of State and International Representatives from the United States, China and Brazil and investors from the US, India and the UK participated And in addition to the executive leaders, entrepreneurs and investment professionals, keynote speakers and senior executives of global companies.
In his opening remarks, Director General of Dubai Economy H.E. Sami Al Qamzi, Who said Dubai is a fund based on the openness of the world and we work hand in hand with the private sector to fulfill the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of the United Arab Emirates. The 50-year charter of His Highness, most recently, revealed his vision for the future as well, Dubai has become an open market economy and a preferred destination for foreign investment. The charter also incorporates a range of uniform, integrated and flexible initiatives and policies that support Dubais sustainable growth and prosperity.
Led by Sheikh Mohammed bin Rashid Al Maktoum, and the orders of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai is keeping pace with investors expectations, innovations and emerging technologies. In recent years, a number of reliable international indicators have been leading Dubai in various sectors of regional and global economies.
Al Qamzi Added: Over the past five years, Dubai has been one of the best cities for foreign direct investment, offering new investment opportunities in key economic sectors, and emphasizing the resilience and sustainability of its economy amidst various changes and challenges that have adversely impacted FDI Received worldwide.
Al Qamzi spoke about how the Dubai economy and its agencies make it easy to provide a unique investment environment to do business and offers vast opportunities to invest in the future. Studies show that real GDP growth in Dubai will reach 2.1% in 2019, 3.8% in 2020 and 2.8% in 2021, further boosts investor confidence.
He added that Dubai Investment Week 2019 will be held under the theme 'Investing in the City of the Future' It will show how Dubai has transformed the challenges facing cities around the world into new investment opportunities for growth, partnerships and innovation. The Dubai economy, along with its agencies, is confidently taking emirate to a new stage of sustainable growth driven by innovation and productivity.
Al Qamzi concluded that, With visionary leadership, the private sector's contribution to Dubai's sustainable economic growth also playing a significant role in making Emirates a better place for global and emerging companies to grow and expand.
Fahad Al Gergawi, CEO of Dubai Foreign Direct Investment said, Inspired by the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of the United Arab Emirates, Who has pioneered innovative initiatives to enhance Dubai's sustainability and competitiveness and become the future city.
Al Gergavi added, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the crown prince of Dubai and chairman of the executive council, We are working to promote Dubai's growing role as a smart and sustainable city globally, as a major hub for the global economy, as a gateway to regional growth markets, and as an investment in the future transformation of cities.
By attracting FDI, Dubai has retained its leading global position in the top 10 cities, totaling $ 46.6 billion in the first half of this year, an increase of 139%. The emirate has attracted new investments over the past five years, a great achievement that underscores the diversity and readiness of the economy of the United States to use capital, technology and skills in many quality investments in future economic sectors, that are on pace with the developments of the twenty-first century. Al Gergawi added.

Dubai topped the list of best investment destinations in the world last year, especially in the areas of artificial intelligence and robotics exchange and renewable energy investments. The Emirate ranked fifth globally in refinancing, which is a clear indication of the global investment community's confidence in the business environment in the UAE and Dubai.
The results of the first half of this year and the classification of Dubai as one of the top 3 FDI destinations globally underscore the role of the United States in transforming future cities' challenges into opportunities for growth and partnership in terms of capital flows and foreign direct investment projects and innovation, as a gateway to future investment.
Al Gergawi concluded that Dubai Investment Week highlights promising opportunities for Dubai as it looks at current and future investment opportunities and positive developments in the investment environment of the US. Dubai FDI is proud to partner with several government agencies and free zones to highlight the latest developments in strategic and sector investment opportunities, particularly across government strategies and the global trends of investing community to launch Dubai as a preferred global foreign direct investment destination.
At Dubai Investment Week, we expect to showcase Dubai's investment environment and its comprehensive, integrated and intelligent services that enhance success, Strengthens the competitiveness and profitability of investment projects and strategic partnerships with the local and global investor community and readiness for the future.
Agenda of Dubai Investment Forum, which was held on the opening day of Dubai Investment Week, featuring Henrik von Scheel, founder of the Fourth Industrial Revolution, which addressed the current year's theme, Investing in the City of the Future With Industry 4.0 applications, Von Scheel showcased future challenges and opportunities.
H.E Abdullah Al Saleh, Undersecretary of the United Arab Emirates Ministry of Economic Affairs, participated in the panel discussions. He spoke on the investment law, the UAE's economic policies and initiatives that contribute to improving the country's competitiveness in the global investment and trade landscape. Also, the Secretary General of the Executive Council H.E. Abdullah Mohammed Al Basti on Investment Ecosystem in Dubai and 100% Investment Law and Golden Visa, and how Dubai's economic trajectory, diversity and sustainability and cooperation on Dubai's projects over the next 10 years. In addition, H.E. Major General Mohammed Ahmed Al-Marri, Director General of the Department of Naturalization and Residence, spoke on the most important services and amenities provided by DNRD to Dubai investor community. And Efforts by the Department to Improve Readiness of its Working Groups to facilitate Transactions for All Visitors from All Over the World at Expo 2020. He also spoke about the recently introduced Golden Visa Code residency system.
In addition, Dubai Foreign Direct Investors have signed a Memorandum of Understanding with the State of Tocantins, Brazil. The Agency's commitment to governmental support for the growth and expansion of corporations globally supports Brazilian companies that view Dubai as a gateway to growth markets regionally and globally.
The winners of the Impact FDI Awards 2019', awards were presented to leading foreign direct investment projects, in recognizing the impact of their contribution to the future of Dubais sustainable economic growth and prosperity, in six sections have been honored for their contribution to Dubai's sustainability and economic development. SAP's largest high-tech project won the award, while Amazon emerged as the winner of the 'Largest Logistics Project' category. ACWA Power International won the award for the Largest Sustainability Project, and Unilever Gulfs won Largest Re-Investment Project category. GE Aviation and Sims Recycling Solutions won awards in the largest priority sector project and investment project with the highest impact categories, respectively.
At the Dubai Investment Forum, a firefighting chat with Nicolas Caputo, the Regional Councilor dedicated to the Campania Region, highlighted the investment opportunities for Italian investors in Dubai. The forum saw the leader speak with the participation of AIF Amri, CEO of DIFC, Who spoke about how DIFC helps expand new and existing companies and introduces the Center to support investors journey, Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC explained why DMCC is successful,and the Future plans for the Center and Dubai-China relations, , and Cem Tarik Yusel, Managing Director Unilever Gulf and VP Customer development MENA, Turkey, Russia and central of Asia, Who spoke about innovation in collaboration with DEWA and in supporting Unilevers sustainability.
Dr. Raed Safadi, Chief Economic Advisor at Dubai Economy, who delivered a keynote address on Dubai's benefits and foreign direct investment and future economic outlook.
In the end, the forum attracted a lot of attention and attended by Saeed Al Marri, Deputy CEO of Dubai SME, Mohammed Lootah, Executive Director of Commercial Compliance and Consumer Protection at Dubai Economy and Mohammed Al Kamali, Deputy CEO of Dubai Exports, and the session managed by Dr. Raed Safadi, Chief Economic Advisor at Dubai Economy, The services provided to the investor will show how to accelerate the success, growth and expansion of FDI.
Dubai Investment Week 2019 (DIW 2019), It takes place from September 29 to October 3, is a global platform to discover growth opportunities and new investment opportunities in the strategic and emerging economic sectors, Creating public-private partnerships and fostering innovation.
DIW Highlights, Key drivers of future growth, recent developments in the business environment, and interest regulations and economic incentives for the investor community, entrepreneurs, experts and representatives around the world.

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