UAE and UNCTAD Join Forces to Bolster Global Investment and Sustainable Growth
In a move reinforcing its global investment ambitions, the UAE Ministry of Investment has signed a Memorandum of Understanding (MoU) with the United Nations Conference on Trade and Development (UNCTAD) to deepen collaboration in investment policymaking, research, and sustainable economic development.
The agreement aims to establish a framework for strategic cooperation, including knowledge exchange, joint research, advisory support, and capacity-building initiatives. It also supports both parties' commitment to advancing the UN Sustainable Development Goals (SDGs) through inclusive and innovation-driven investment policies.
Signed by Mohammad Abdulrahman Alhawi, Under-Secretary at the UAE Ministry of Investment, and Nan Li Collins, Senior Director of Investment and Enterprise at UNCTAD, the MoU aligns closely with the UAE's National Investment Strategy 2031. It further strengthens the country's position as a premier global investment hub, leveraging its robust infrastructure, investor-friendly regulations, and strategic location. 'This MoU supports our ambition to build a future-ready investment ecosystem that attracts high-impact investments and drives long-term economic growth,'
said Alhawi. 'Through this partnership, we will advance our broader national strategy and reinforce the UAE's global competitiveness.'
Collins echoed the sentiment, noting the partnership's potential to shape more inclusive and sustainable investment landscapes: 'Working with the UAE allows us to support global investors while advancing development-oriented economic policies.'
This strategic alliance reflects the UAE's growing leadership in emerging sectors such as artificial intelligence, clean energy, and digital transformation. It highlights the country's ongoing commitment to economic diversification and innovation, positioning it as a vital player in shaping the future of global investment.
News Source: Emirates News Agency
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