Greece to host Investopia Global
10 June 2025 18:36
ABU DHABI (ALETIHAD)Following the success of the inaugural edition of Investopia Global – Mediterranean, held in Cyprus with strong participation from leaders, ministers, businesspersons, investors, and economic experts from the UAE, Lebanon, Cyprus, Greece and Europe, Abdulla bin Touq Al Marri, UAE Minister of Economy and Chairman of Investopia, and Olga Kefalogianni, Greek Minister of Tourism, announced the launch of the event's second edition, to be held in Greece next year.The upcoming edition aims to strengthen partnerships across key sectors of the new economy, including tourism, innovation, entrepreneurship, renewable energy, digital infrastructure, and food security. The second edition of Investopia Global - Mediterranean will be organised in collaboration with several ministries and government bodies in the UAE and Greece, alongside Investopia partners. The announcement comes as Investopia continues to expand its global footprint and strengthen its presence on both regional and international stages, particularly following the successful organisation of three consecutive editions of Investopia Europe in Milan from 2023 to 2025, before moving to Berlin in June 2026. Bin Touq affirmed that the UAE and Greece share historical and strategic relations across all fields, particularly in the economic and investment sectors. These relations are significantly supported and nurtured by the wise leadership of both friendly countries. The Minister explained that the UAE is keen to continue enhancing cooperation with Greece in advanced and sustainable economic sectors. The Minister of Economy said: "The countries of the Mediterranean region enjoy significant momentum from competitive economic components and promising investment opportunities linked to vital areas, particularly the new economy, tourism, hospitality, entrepreneurship, technology, AI, logistics, healthcare, and renewable energy. We look forward, through the second edition of Investopia Global - Mediterranean, which will be held in Greece next year, to enhancing connectivity between business communities and these future sectors, and creating new investment partnerships at both the governmental and private levels, in line with the latest global trends."Olga Kefalogianni stated that Greece and the UAE share vibrant and expanding economic relations, underpinned by a sustainable and diversified partnership built through joint efforts. She emphasised that hosting the second edition of Investopia Mediterranean in Greece reflects the strength of economic and investment ties between the two friendly nations.The event, she noted, will further enhance collaboration between the business communities of both countries and support bilateral cooperation across sectors of mutual interest. Investopia has successfully organised four flagship conferences in the UAE since its inception, along with 16 global editions in various cities around the world.
The events brought together over 10,000 participants, including leaders, experts, businessmen, investors, specialists, and entrepreneurs from across the globe, to shape a sustainable economic future, enhance the UAE's position as a leading global investment destination, and create meaningful economic partnerships and promising investment opportunities in sustainable economic sectors such as FinTech, space, aviation technologies, AI, green energy, circular economy, and fashion.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Etihad
6 hours ago
- Al Etihad
Hamdan bin Mohammed explores future of space sector with leading UAE-based startups
11 June 2025 20:09 DUBAI (ALETIHAD)His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE, and Chairman of the Supreme Space Council, met with representatives of leading space sector startups operating in the UAE. The meeting is part of His Highness's keenness to advance the national space ecosystem and further promote its role as a global leader in the space industry. His Highness underscored the importance of strong partnerships and strategic collaboration between the public and private sectors as a foundation for developing an advanced and innovative space ecosystem. His Highness highlighted that continuous innovation and long-term investment in future technologies are essential to this progress. His Highness Sheikh Hamdan bin Mohammed also expressed confidence in the capabilities of UAE-based companies and entrepreneurs, noting their crucial role in driving the growth of the local space industry and strengthening the country's position as a leading global hub in this strategic Highness also highlighted the space sector as a vital driver of the future and sustainable economic growth. His Highness stressed the UAE's ongoing efforts to build a supportive environment that fosters the growth of national companies and unlock new opportunities for investment and innovation, boosting the country's global competitiveness and leadership in space. The private sector is leading the space scene in the UAE, reaffirming the maturity of national investments that have been established over the past three decades.A number of UAE based companies took part in the meeting, representing a wide range of specialisations, including locally developed Internet of Things (IoT) solutions, artificial intelligence and remote sensing, commercial space ecosystem development, edge computing for robotics applications, high-resolution Earth observation via micro satellites, as well as AI systems, robotics, interactive simulation technologies, and reusable space launch shared insights into their current projects, long-term strategies, and future investment plans in support of the national economy. Discussions focused on strengthening public-private collaboration, expanding operations both locally and internationally, and exploring promising opportunities within the UAE's growing space sector, highlighting the private sector's central role in shaping a globally competitive and integrated space representatives reaffirmed their commitment to the UAE's space ambitions and outlined plans to expand their operations within the country. They praised the UAE's flexible regulatory framework and advanced infrastructure as key enablers of sustained investment. Attendees also welcomed initiatives such as the Space Economic Zones Programme, which they said play a vital role in enabling collaboration and fostering long-term, sustainable growth across the space ecosystem. The meeting was attended by Dr. Ahmad Belhoul Al Falasi, Minister of Sports, Secretary-General of the Supreme Space Council, and Chairman of the Board of Directors of the UAE Space Agency; Khalid Al Awadi, founder of Rimal; Ibrahim Al Obaidly, founder of Ardhiyat Al Ibdaa Information Solutions; David Critchley, CEO of 4EI; Dr. Hamdullah Mohib, CEO of Marlan Space; Alex Lapir, CEO of Aliensense; Abdulhalim Jallad, co-founder of Oryx Space; and Stan Rudenko, CEO of Aspire Space Technology.
Zawya
7 hours ago
- Zawya
Trump tariffs may remain in effect while appeals proceed, US appeals court rules
A federal appeals court allowed President Donald Trump's most sweeping tariffs to remain in effect on Tuesday while it reviews a lower-court decision blocking them on grounds that he had exceeded his authority by imposing them. The decision by the U.S. Court of Appeals for the Federal Circuit in Washington, D.C. means Trump may continue to enforce, for now, his "Liberation Day" tariffs on imports from most U.S. trading partners, as well as a separate set of tariffs levied on Canada, China and Mexico. The appeals court has yet to rule on whether the tariffs are permissible under an emergency economic powers act that Trump cited to justify them, but it allowed the duties to remain in place while the appeals play out. The Federal Circuit said the litigation raised issues of "exceptional importance" warranting the court to take the rare step of having the 11-member court hear the appeal, rather than have it go before a three-judge panel first. It scheduled arguments for July 31. The tariffs, used by Trump as negotiating leverage with U.S. trading partners, and their on-again, off-again nature, have shocked markets and whipsawed companies of all sizes as they seek to manage supply chains, production, staffing and prices. The ruling has no impact on other tariffs levied under more traditional legal authority, such as duties on steel and aluminum imports. A three-judge panel of the U.S. Court of International Trade ruled on May 28 that the U.S. Constitution gave Congress, not the president, the power to levy taxes and tariffs, and that the president had exceeded his authority by invoking the International Emergency Economic Powers Act, a law intended to address "unusual and extraordinary" threats during national emergencies. The Trump administration quickly appealed the ruling, and the Federal Circuit in Washington put the lower court decision on hold the next day while it considered whether to impose a longer-term pause. The May 28 ruling came in a pair of lawsuits, one filed by the nonpartisan Liberty Justice Center on behalf of five small U.S. businesses that import goods from countries targeted by the duties, and the other by 12 U.S. states led by Oregon. Jeffrey Schwab, an attorney for the small businesses that sued, said Tuesday's federal appeals court decision was disappointing, but it did not mean that the Trump administration would win in the end. "It's important to note that every court to rule on the merits so far has found these tariffs unlawful, and we have faith that this court will likewise see what is plain as day: that IEEPA does not allow the president to impose whatever tax he wants whenever he wants," Schwab said Tuesday. 'The Trump administration is legally using the powers granted to the executive branch by the Constitution and Congress to address our country's national emergencies of persistent goods trade deficits and drug trafficking. The US Circuit Court of Appeals' stay order is a welcome development, and we look forward to ultimately prevailing in court' White House spokesman Kush Desai said in a statement. Trump has claimed broad authority to set tariffs under IEEPA. The 1977 law has historically been used to impose sanctions on enemies of the U.S. or freeze their assets. Trump is the first U.S. president to use it to impose tariffs. Trump has said that the tariffs imposed in February on Canada, China and Mexico were to fight illegal fentanyl trafficking at U.S. borders, denied by the three countries, and that the across-the-board tariffs on all U.S. trading partners imposed in April were a response to the U.S. trade deficit. The states and small businesses had argued the tariffs were not a legal or appropriate way to address those matters, and the small businesses argued that the decades-long U.S. practice of buying more goods than it exports does not qualify as an emergency that would trigger IEEPA. At least five other court cases have challenged the tariffs justified under the emergency economic powers act, including other small businesses and the state of California. One of those cases, in federal court in Washington, D.C., also resulted in an initial ruling against the tariffs, and no court has yet backed the unlimited emergency tariff authority Trump has claimed. (Reporting by Dietrich Knauth, Editing by Alexia Garamfalvi, Howard Goller, Stephen Coates and Nick Zieminski)
Al Etihad
9 hours ago
- Al Etihad
Shaikha Al Nowais highlights strategic vision for the future of tourism at Investopia Global
11 June 2025 16:01 ABU DHABI (ALETIHAD)Shaikha Nasser Al Nowais, Secretary-General-elect of UN Tourism for the 2026–2029 term, took part in a panel session titled 'Beyond Borders: The Role of Tourism in Economic Growth and Human Connection,' held during Investopia Global – Mediterranean in session also featured the participation of Laura Lahoud, Minister of Tourism of Lebanon; Kostas Koumis, Deputy Minister of Tourism of Cyprus; Olga Kefalogianni, Minister of Tourism of Greece; and Dr. Constantinos Kombos, the Cypriot Foreign panel discussed a range of new tourism strategies and policies aimed at promoting global economic growth and also explored their role in navigating geopolitical and economic shifts happening at regional and global efforts to strengthen partnerships between the Gulf Cooperation Council (GCC) countries and Mediterranean nations were highlighted, emphasising the importance of tourism in connecting societies to their cultural and archaeological heritage and preserving historical landmarks and Al Nowais said, 'The tourism sector not only contributes to global economic growth and diversification but also serves as a vital bridge connecting diverse communities and cultures. It fosters mutual understanding among peoples and plays a key role in generating employment across all segments of highlights the importance of strengthening collaboration and aligning efforts to shape innovative visions and initiatives that will elevate this vital sector and drive it toward greater progress and prosperity, advancing our aspirations for comprehensive, sustainable economic and social development.'Al Nowais added: 'The GCC and Mediterranean countries possess exceptional tourism assets that blend historical heritage, cultural richness, and civilizational diversity. This unique combination gives these regions a distinctive character, positioning them among the world's most attractive and sought-after destinations. Investopia Global – Mediterranean serves as a key platform to showcase this potential, engage business communities, and explore promising investment opportunities across various segments of the tourism sector.'The Secretary-General-elect of UN Tourism underlined the importance of strengthening regional and international collaboration in the next phase to adopt innovative tourism models that promote the preservation of ecosystems and contribute to building a better future for sustainable and responsible her participation in the panel, Shaikha Al Nowais highlighted her new vision for the future of tourism, which aims to foster sustainable economic growth while preserving cultural identity and natural resources to ensure continuity for current and future Al Nowais noted that this vision is based on five main pillars: enhancing responsible tourism that prioritizes the preservation of nature, culture, people, and the environment; building capacities and empowering youth, women, and communities; harnessing technology for good to improve quality of life while maintaining privacy; adopting innovative financing solutions and developing tourism models that support sustainable growth; and establishing smart governance through transparent, accountable, and clear leadership. Al Nowais also emphasised that digital transformation is a key driver in advancing the growth of the tourism sector and unlocking its full potential. The integration of cutting-edge digital tools such as artificial intelligence (AI), digital payment systems, and advanced infrastructure plays a vital role in developing tourism destinations and landmarks in line with global best practices and standards.
