Latest news with #AIMInvestmentSummit
Mid East Info
11-04-2025
- Business
- Mid East Info
Abu Dhabi Chamber cooperates with Florida, Guangxi, and Moscow to increase trade and investment - Middle East Business News and Information
Abu Dhabi's attractive business environment and growth opportunities highlighted at the AIM Investment Summit 2025. Abu Dhabi, UAE – As part of its ongoing efforts to strengthen international partnerships, the Abu Dhabi Chamber signed two cooperation agreements with the Guangxi Zhuang Autonomous Region of China and the Florida Chamber of Commerce. It also discussed enhancing cooperation with the Moscow Chamber of Commerce and Industry to increase mutual trade and investment with trading partners and influential economies around the world. This took place during the Chamber's participation in the AIM Investment Summit 2025 as a business community partner, to enhance cooperation and build relationships with investors from around the world. The Chamber also promoted Abu Dhabi's dynamic economic ecosystem to enhance its status as a leading global investment destination. During the summit, the Chamber showcased its ongoing efforts to encourage strategic partnerships and provide promising business opportunities. It also participated in a range of activities and events, including discussions, seminars, and meetings with business leaders, decision-makers, and experts from various sectors. His Excellency Shamis Al Dhaheri, Second Vice Chairman of the Abu Dhabi Chamber of Commerce and Industry and Managing Director, said: 'The agreements signed by the Abu Dhabi Chamber during our participation at the AIM Investment Summit emphasise the emirate's proactive approach to building and developing relationships and partnerships that shape the future of the global economy and investment landscape. Our participation led to numerous initiatives to enhance cooperation and develop relationships with partners, investors, start-ups, and entrepreneurs.' His Excellency added: 'The Abu Dhabi Chamber's pavilion at the summit served as a valuable platform for knowledge and experience exchange with visiting delegations. It highlighted promising opportunities in many sectors to attract investments, enable partnerships, explore innovations, and introduce Abu Dhabi's business ecosystem. The emirate, known for ease of doing businesses, enabling all to achieve growth and prosperity, is strengthening its position as an attractive centre for talent, investments, and business, and a vital nod in international trade. It provides opportunities for local and international investors and supports the expansion and development of businesses.' Strategic partnerships: The agreement between the Abu Dhabi Chamber and the Guangxi Zhuang Autonomous Region of China, signed by H.E. Shamis Ali Al Dhaheri and Ms. Wang Xinhong, Deputy Executive Director of the Guangxi Zhuang Autonomous Region, reflects the Chamber's commitment to strengthening trade ties with key international partners, attracting investments and accessing new markets in the world's fastest-growing economies. The agreement with the Florida Chamber of Commerce, signed by His Excellency Khaled Al Fahim, a member of the Chamber's Board of Directors, and Katia Yeutter, Chief Operating Officer and Chief Financial Officer of the Florida American Chamber, focuses on reinforcing trade ties and identifying economic sectors of mutual interest to drive growth and sustainability. Both sides expressed interest in expanding investment and trade, open broader avenues for dialogue between private sector's companies, provide access to resources, and organise initiatives and events. Dialogue sessions and business meetings: During its participation in several dialogue sessions, the Abu Dhabi Chamber highlighted the emirate's diverse investment potential, including economic diversification strategy that has increased the contribution of non-oil sectors to the GDP, strategic projects, advanced infrastructure, and innovation and technology centers. H.E. Shamis Ali Al Dhaheri and H.E. Vladimir Platonov, President of the Moscow Chamber of Commerce and Industry discussed ways to strengthen economic cooperation and increase communication and coordination across various economic activities, opening new opportunities for consolidating relationships, launching joint projects, encouraging investment flows, and enabling companies to expand and grow in both Abu Dhabi and Moscow to serve the shared interests of the UAE and the Russian Federation.
Zawya
11-04-2025
- Business
- Zawya
Effective governance boosts digital economy
ABU DHABI:The Oman Chamber of Commerce and Industry (OCCI) is participating in the 14th AIM Investment Summit, currently underway at the ADNEC Centre in Abu Dhabi. Various presentations by OCCI officials during the prestigious 3-day summit emphasise the importance of legislation and governance in fostering the growth of a digital economy. The summit began on Monday, April 7, under the theme 'Mapping the Future of Global Investment: Towards a Balanced Global System'. Representing OCCI at the event are Eng Ibrahim bin Abdullah al-Hosani, Member of the Chamber's Board of Directors and Chairman of the Committee on Digital Economy and Artificial Intelligence, and Zakariya bin Abdullah al-Saadi, CEO – OCCI. Eng Al-Hosani participated in a panel discussion on the sidelines of the summit titled "Anticipating the Digital Reality", which explored ways to turn virtual economies of the future into tangible opportunities. During the discussion, he highlighted the importance of legislation and governance in supporting the digital economy and artificial intelligence technologies. He also pointed to the impact of global changes in tariffs and taxation on the growth of this fast-paced sector. Al-Hosani explained that global indicators confirm the digital economy is the primary driver of global economic growth, expected to contribute 70 per cent of total growth by 2030. This growth will be propelled by the advancement of artificial intelligence and digital infrastructure. Estimates suggest the global digital transformation market will double in size from $470 billion in 2020 to over $1 trillion by 2025, contributing to job creation and enhancing innovation. He stressed that the digital economy cannot thrive without a clear legal framework that protects data, ensures intellectual property rights, and fosters fair competition. He noted that investors seek not only promising opportunities but also a secure legal environment that guarantees the stability of their investments. Countries that implement clear regulatory frameworks attract up to 30 per cent more foreign investment. Zakariya al-Saadi, CEO, stated that the Chamber's participation in the AIM Investment Summit is an important opportunity to enhance Oman's position as an attractive regional investment hub. This is achieved by building new bridges with international partners and exploring innovative investment opportunities that align with the country's aspirations for economic diversification. He added that the Chamber's participation reinforces its efforts to implement strategic directions for digital transformation, especially as the summit focuses on the digital economy and showcases initiatives from various economic stakeholders. Al-Saadi noted that through this participation, the Chamber looks forward to fruitful outcomes that will positively impact the business and investment environment in the Sultanate of Oman. The summit serves as a vital platform for exchanging ideas and experiences and for creating opportunities for networking and partnership building among global investors and economic leaders, with the aim of exploring the future of alternative investments in an ever-changing world. The Summit brings together heads of state, ministers, central bank governors, city mayors, heads of stock exchanges, and around 1,250 speakers and exhibitors. The summit has also attracted 20,000 participants from 180 countries around the world, aiming to explore the latest trends and developments in the global investment landscape, address current and future challenges, and unify global efforts to find appropriate solutions – contributing to sustainable economic development. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Zawya
11-04-2025
- Business
- Zawya
Abu Dhabi Chamber cooperates with Florida, Guangxi, and Moscow to increase trade and investment
Abu Dhabi, UAE – As part of its ongoing efforts to strengthen international partnerships, the Abu Dhabi Chamber signed two cooperation agreements with the Guangxi Zhuang Autonomous Region of China and the Florida Chamber of Commerce. It also discussed enhancing cooperation with the Moscow Chamber of Commerce and Industry to increase mutual trade and investment with trading partners and influential economies around the world. This took place during the Chamber's participation in the AIM Investment Summit 2025 as a business community partner, to enhance cooperation and build relationships with investors from around the world. The Chamber also promoted Abu Dhabi's dynamic economic ecosystem to enhance its status as a leading global investment destination. During the summit, the Chamber showcased its ongoing efforts to encourage strategic partnerships and provide promising business opportunities. It also participated in a range of activities and events, including discussions, seminars, and meetings with business leaders, decision-makers, and experts from various sectors. His Excellency Shamis Al Dhaheri, Second Vice Chairman of the Abu Dhabi Chamber of Commerce and Industry and Managing Director, said: 'The agreements signed by the Abu Dhabi Chamber during our participation at the AIM Investment Summit emphasise the emirate's proactive approach to building and developing relationships and partnerships that shape the future of the global economy and investment landscape. Our participation led to numerous initiatives to enhance cooperation and develop relationships with partners, investors, start-ups, and entrepreneurs.' His Excellency added: 'The Abu Dhabi Chamber's pavilion at the summit served as a valuable platform for knowledge and experience exchange with visiting delegations. It highlighted promising opportunities in many sectors to attract investments, enable partnerships, explore innovations, and introduce Abu Dhabi's business ecosystem. The emirate, known for ease of doing businesses, enabling all to achieve growth and prosperity, is strengthening its position as an attractive centre for talent, investments, and business, and a vital nod in international trade. It provides opportunities for local and international investors and supports the expansion and development of businesses.' Strategic partnerships The agreement between the Abu Dhabi Chamber and the Guangxi Zhuang Autonomous Region of China, signed by H.E. Shamis Ali Al Dhaheri and Ms. Wang Xinhong, Deputy Executive Director of the Guangxi Zhuang Autonomous Region, reflects the Chamber's commitment to strengthening trade ties with key international partners, attracting investments and accessing new markets in the world's fastest-growing economies. The agreement with the Florida Chamber of Commerce, signed by His Excellency Khaled Al Fahim, a member of the Chamber's Board of Directors, and Katia Yeutter, Chief Operating Officer and Chief Financial Officer of the Florida American Chamber, focuses on reinforcing trade ties and identifying economic sectors of mutual interest to drive growth and sustainability. Both sides expressed interest in expanding investment and trade, open broader avenues for dialogue between private sector's companies, provide access to resources, and organise initiatives and events. Dialogue sessions and business meetings During its participation in several dialogue sessions, the Abu Dhabi Chamber highlighted the emirate's diverse investment potential, including economic diversification strategy that has increased the contribution of non-oil sectors to the GDP, strategic projects, advanced infrastructure, and innovation and technology centers. H.E. Shamis Ali Al Dhaheri and H.E. Vladimir Platonov, President of the Moscow Chamber of Commerce and Industry discussed ways to strengthen economic cooperation and increase communication and coordination across various economic activities, opening new opportunities for consolidating relationships, launching joint projects, encouraging investment flows, and enabling companies to expand and grow in both Abu Dhabi and Moscow to serve the shared interests of the UAE and the Russian Federation.
Observer
09-04-2025
- Business
- Observer
Effective governance boosts digital economy
ABU DHABI:The Oman Chamber of Commerce and Industry (OCCI) is participating in the 14th AIM Investment Summit, currently underway at the ADNEC Centre in Abu Dhabi. Various presentations by OCCI officials during the prestigious 3-day summit emphasise the importance of legislation and governance in fostering the growth of a digital economy. The summit began on Monday, April 7, under the theme 'Mapping the Future of Global Investment: Towards a Balanced Global System'. Representing OCCI at the event are Eng Ibrahim bin Abdullah al-Hosani, Member of the Chamber's Board of Directors and Chairman of the Committee on Digital Economy and Artificial Intelligence, and Zakariya bin Abdullah al-Saadi, CEO – OCCI. Eng Al-Hosani participated in a panel discussion on the sidelines of the summit titled "Anticipating the Digital Reality", which explored ways to turn virtual economies of the future into tangible opportunities. During the discussion, he highlighted the importance of legislation and governance in supporting the digital economy and artificial intelligence technologies. He also pointed to the impact of global changes in tariffs and taxation on the growth of this fast-paced sector. Al-Hosani explained that global indicators confirm the digital economy is the primary driver of global economic growth, expected to contribute 70 per cent of total growth by 2030. This growth will be propelled by the advancement of artificial intelligence and digital infrastructure. Estimates suggest the global digital transformation market will double in size from $470 billion in 2020 to over $1 trillion by 2025, contributing to job creation and enhancing innovation. He stressed that the digital economy cannot thrive without a clear legal framework that protects data, ensures intellectual property rights, and fosters fair competition. He noted that investors seek not only promising opportunities but also a secure legal environment that guarantees the stability of their investments. Countries that implement clear regulatory frameworks attract up to 30 per cent more foreign investment. Zakariya al-Saadi, CEO, stated that the Chamber's participation in the AIM Investment Summit is an important opportunity to enhance Oman's position as an attractive regional investment hub. This is achieved by building new bridges with international partners and exploring innovative investment opportunities that align with the country's aspirations for economic diversification. He added that the Chamber's participation reinforces its efforts to implement strategic directions for digital transformation, especially as the summit focuses on the digital economy and showcases initiatives from various economic stakeholders. Al-Saadi noted that through this participation, the Chamber looks forward to fruitful outcomes that will positively impact the business and investment environment in the Sultanate of Oman. The summit serves as a vital platform for exchanging ideas and experiences and for creating opportunities for networking and partnership building among global investors and economic leaders, with the aim of exploring the future of alternative investments in an ever-changing world. The Summit brings together heads of state, ministers, central bank governors, city mayors, heads of stock exchanges, and around 1,250 speakers and exhibitors. The summit has also attracted 20,000 participants from 180 countries around the world, aiming to explore the latest trends and developments in the global investment landscape, address current and future challenges, and unify global efforts to find appropriate solutions – contributing to sustainable economic development.
Zawya
09-04-2025
- Business
- Zawya
UBF: Smart banking empowers future economy
Abu Dhabi, United Arab Emirates: The UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has emphasised the importance of continuing initiatives and efforts to advance smart banking services in order to build a future economy characterised by prosperity, resilience, financial inclusion, transparency, diversification, and sustainability. During its participation in the 14th edition of the AIM Investment Summit, UBF reaffirmed the banking sector's commitment to developing and adopting smart solutions and advanced technologies. This is to enhance the UAE's position as a global financial and logistics hub, under the direct supervision of the Central Bank of the UAE, which sets the appropriate frameworks to achieve the country's strategic goals by enabling the financial and banking sector to play its vital role in sustainable economic and social development. The AIM Investment Summit, taking place from April 7 to 9, 2025, under the theme 'The New Wave of a Globalised Investment Landscape: Towards a New Balanced World Structure,' hosts heads of state, more than 60 ministers and central bank governors, 30 city mayors, 1,250 speakers, 16 heads of stock markets, 600 exhibitors, and over 20,000 participants from 180 countries—highlighting its status as a leading global investment platform. In his keynote speech at the 'Future of Finance' session, which featured senior officials and experts from the banking, finance, and technology sectors, Mr. Jamal Saleh, Director General of UBF, said: 'The banking sector is distinguished by its progressive approach in adopting and developing advanced technologies to deliver seamless and secure banking services to customers. The proactive role of the Central Bank of the UAE fosters innovation to meet the evolving needs of diverse customer segments and keep pace with rapid advancements in fintech, while ensuring optimal conditions for protecting digital infrastructure and cybersecurity.' He added: 'Guided by the visionary leadership of the UAE, the country is redefining innovation and ambition across various fields, spearheading digital transformation and smart services. The UAE Digital Strategy aims to double the digital economy's contribution to the GDP—from 9.7% to over 20% by 2031—underscoring the commitment to strengthening its leading status as a global centre for finance, investment, and trade.' The Director General of the UBF noted that 'The initiatives launched by the Central Bank of the UAE have led to a qualitative leap in financial services and strengthened the UAE's pivotal role in shaping a better future for the banking industry locally, regionally, and globally. Supportive regulations, robust frameworks, and ambitious initiatives like the Digital Transformation Programme for financial services have established an integrated ecosystem that empowers financial institutions, tech companies, and investors to innovate, operate with confidence, and manage risks efficiently.' 'UAE banks continue to invest in upgrading their technology infrastructure, offering specialised services, and continuously enhancing digital channels. This has significantly increased the adoption of digital services, with more than 95% of all transactions at leading banks now conducted digitally, and over 90% of services available via smart phones—placing the UAE among the world's top performers in digital banking.' Mr. Saleh highlighted the importance of leveraging rapid developments in digital technologies to create innovative solutions for building the future economy, noting that the UAE banking sector is at the forefront of these efforts by deploying blockchain, artificial intelligence, data analytics, and cloud computing to provide better services, enhance operational excellence, and improve risk management and regulatory compliance. 'To further strengthen the role of smart banking in achieving economic growth and diversification, we must continue to invest in digital infrastructure, cybersecurity frameworks, and supportive regulatory environments that promote innovation while ensuring the protection of customers and the financial system,' he added. Mr. Saleh also discussed the key factors and trends driving digital and smart transformation efforts, and the role of UBF and member banks in fostering collaboration with fintech firms and relevant institutions to develop a thriving smart banking ecosystem. He pointed to initiatives for talent development, raising awareness of digital services, cybersecurity, and fraud prevention, as well as sustainable finance aligned with environmental, social, and governance (ESG) standards, and wealth and investment management solutions integrated through APIs and AI capabilities. He stressed that the UAE has successfully laid the foundation for the growth of open banking and finance in a secure environment—enabling the provision of tailored banking services that meet the needs of all customer segments and enhance financial inclusion. In addition to the future of finance, the main themes of the AIM Investment Summit included global trade, foreign direct investment, startups and unicorns, smart cities, global manufacturing, the digital economy, and entrepreneurship. The current edition featured more than 400 panel discussions and 13 high-level roundtable meetings. -Ends- About UAE Banks Federation (UBF): Established in 1982, UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, comprising 62 members of banks and financial institutions operating in the UAE. UBF advocates the interests of all its members and enhances cooperation and coordination between them in order to elevate the UAE's banking ecosystem for the benefit of members, customers, and the overall UAE economy. UBF's mission and objectives are focused on representing its members and defending their rights and interest. UBF provides a platform for cooperation and the exchange of ideas and expertise among its members and plays a significant role in raising public awareness about the contributions of the UAE banking sector to the economic and social development of the country. UBF has a 22-member Advisory Council consisting of CEOs and General Managers from member banks and financial institutions, which oversees the implementation of UBF's policies and activities. The CEOs Council also makes directional decisions through UBF's General Secretariat for UBF's 28 technical and 6 advisory committees, which in turn are tasked to discuss all issues relevant to the UAE banking and financial services ecosystem. UAE Banks Federation also includes a CEOs Consultative Council, which consists of chief executives of other member banks. For further information, please contact: Sooyin Lee UAE Banks Federation sooyin@
