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Morocco's AMDIE Wins Best Investment Promotion Agency Award in MENA
Morocco's AMDIE Wins Best Investment Promotion Agency Award in MENA

Morocco World

time09-04-2025

  • Business
  • Morocco World

Morocco's AMDIE Wins Best Investment Promotion Agency Award in MENA

Rabat – The Moroccan Agency for Investment and Export Development (AMDIE) has been named the Best Investment Promotion Agency in the MENA region at the Annual Investment Meeting (AIM 2025), currently taking place in Abu Dhabi. The agency also received the 'Gold Partner' trophy, which recognized its role in attracting foreign investment to Morocco. 'These prestigious awards celebrate the Kingdom's ongoing efforts in promoting investment and exports,' said AMDIE in a statement, adding that they reflect the strategic reforms carried out under the leadership of King Mohammed VI. The monarch's vision aims to 'position Morocco as a competitive, reliable, and forward-looking destination,' added the statement. This recognition is also the result of collective work and the dedication of their partners, our teams, and the entire ecosystem, AMDIE added. The agency focuses on promoting Morocco's investment opportunities and supporting the implementation of high-potential foreign investment projects in the country. The award ceremony took place during the 14th edition of AIM, which opened on Monday under the theme: 'Roadmap to the Future of Global Investment: A New Vision for a Balanced Global System.' AMDIE award Morocco is represented at the event by a delegation led by Karim Zidane, the Minister Delegate in charge of Investment, Convergence, and the Evaluation of Public Policies. Morocco also has a national pavilion at the international exhibition held during AIM 2025, organized by AMDIE. The pavilion showcases Morocco's economic strengths and investment opportunities across several priority sectors. AIM 2025 is one of the world's major investment events, with over 12,000 participants from 180 countries, including heads of state, ministers, central bank governors, stock exchange leaders, top investors, and international financial institutions. The summit is a platform for dialogue and knowledge sharing on global investment trends. Topics discussed include digital economy, industry, international trade, entrepreneurship, energy, infrastructure, biotechnology, and medical technology, among other key sectors.

Minister of Tourism Participates in Ministerial Roundtable at AIM Meeting in Abu Dhabi
Minister of Tourism Participates in Ministerial Roundtable at AIM Meeting in Abu Dhabi

Daily Tribune

time09-04-2025

  • Business
  • Daily Tribune

Minister of Tourism Participates in Ministerial Roundtable at AIM Meeting in Abu Dhabi

Her Excellency Fatima bint Jaffar Al-Sairafi, Minister of Tourism, emphasized that investment in the tourism sector is one of the fundamental pillars of supporting economic growth in the Kingdom of Bahrain. It constitutes as an effective economic tool that contributes to improving various economic sectors and creating new job opportunities, which benefits the national economy. This came during her participation in the ministerial roundtable on "Investing in Tourism: Shaping Investment Opportunities through Policy Innovation," as part of the Annual Investment Meeting (AIM) 2025, organized by the World Tourism Organization in Abu Dhabi. Al-Sairafi stated that the tourism sector is one of the most promising economic sectors in the region, and supporting tourism investment represents a fundamental pillar of sustainable development which contributes to strengthening the Kingdom of Bahrain's position as a leading global tourism destination. Her Excellency added that the private sector in the Kingdom of Bahrain is a key partner in developing the tourism sector, while coordinating and cooperating to provide diverse tourism experiences that meet the needs and aspirations of tourists and visitors. She pointed out on the Kingdom's distinguished tourism infrastructure, including a diverse hotel portfolio that caters to a variety of tastes. Al-Sairafi explained that 2024 witnessed the addition of some 4&5-star hotels, adding that the Kingdom of Bahrain is also expected to witness the opening of new 5-star hotels by 2026, reflecting the continued expansion of the hospitality sector. She emphasized that this expansion will strengthen the tourism and hotel sector in Bahrain, leading to increased tourism revenues and the creation of new job opportunities, in addition to, supporting SMEs by creating partnerships with local suppliers and contractors. Her Excellency also noted that the Kingdom of Bahrain has achieved significant successes in supporting business tourism, (MICE), by attracting numerous major events and conferences, which contributes to strengthening its position as a distinguished destination for international events. Al-Sairafi highlighted the importance of coordination between the Kingdom of Bahrain and regional and international tourism organizations, and enhancing joint Arab cooperation, which contributes to attracting tourism investments and developing the sector sustainably. She pointed out that this cooperation enhances tourism integration among Arab countries and increases inter-Arab tourism rates. She emphasized that Arab governments pay great attention to the tourism sector by providing incentives and grants to support it. On the sidelines of the visit, Her Excellency the Minister of Tourism met with His Excellency Mr. Saleh Mohammed Al-Jaziri, Director General of Tourism at the Department of Culture and Tourism in Abu Dhabi. They reviewed bilateral relations between the two countries and discussed ways of cooperation in areas of joint work related to encouraging investment in tourism and strategic projects.

Adnoc continues to drive manufacturing industry, attract local, foreign direct investments
Adnoc continues to drive manufacturing industry, attract local, foreign direct investments

Khaleej Times

time08-04-2025

  • Business
  • Khaleej Times

Adnoc continues to drive manufacturing industry, attract local, foreign direct investments

As part of its commitment to advancing the UAE's manufacturing industry, Adnoc continues to attract Local and foreign direct investment through strategic commercial agreements enabled by its successful In-Country Value (ICV) programme. Dr. Saleh Al Hashimi, Director of Adnoc's Commercial and ICV Directorate; Ali Foolathi, ADNOC Senior Vice President - Procurement Excellence & In-Country Value; and Jasim Saeed, Adnoc Senior Vice President, Group Procurement Operations, joined senior members of the Adnoc Commercial and ICV directorate at the Annual Investment Meeting (AIM Congress) 2025. Speaking on the significance of AIM 2025, Dr. Saleh Al Hashimi said, 'The AIM Congress is a key platform that brings together corporate leaders, policymakers, investors, entrepreneurs, and experts to share strategies for attracting sustainable investment. Adnoc's involvement in AIM 2025 highlights its pivotal role in supporting the UAE's national economic agenda through our successful ICV programme and the 'Make It in the Emirates' initiative. 'By working in partnership with local and global manufacturers to exapand or set up new operations in the UAE, Adnoc will continue to create value, generate investment opportunities and empower national talent for sustained economic growth.' Launched in 2018 with the support of local stakeholders and government partners, Adnoc's ICV programme is designed to deliver greater value to the UAE by investing in local manufacturing, developing the national workforce, and accelerating industrial growth.

ADNOC continues to drive manufacturing industry, attract local, foreign direct investments
ADNOC continues to drive manufacturing industry, attract local, foreign direct investments

Zawya

time08-04-2025

  • Business
  • Zawya

ADNOC continues to drive manufacturing industry, attract local, foreign direct investments

As part of its commitment to advancing the UAE's manufacturing industry, ADNOC continues to attract Local and foreign direct investment through strategic commercial agreements enabled by its successful In-Country Value (ICV) programme. Dr. Saleh Al Hashimi, Director of ADNOC's Commercial and ICV Directorate; Ali Foolathi, ADNOC Senior Vice President - Procurement Excellence & In-Country Value; and Jasim Saeed, ADNOC Senior Vice President, Group Procurement Operations, joined senior members of the ADNOC Commercial and ICV directorate at the Annual Investment Meeting (AIM Congress) 2025. Speaking on the significance of AIM 2025, Dr. Saleh Al Hashimi said, 'The AIM Congress is a key platform that brings together corporate leaders, policymakers, investors, entrepreneurs, and experts to share strategies for attracting sustainable investment. ADNOC's involvement in AIM 2025 highlights its pivotal role in supporting the UAE's national economic agenda through our successful ICV programme and the 'Make It in the Emirates' initiative. 'By working in partnership with local and global manufacturers to exapand or set up new operations in the UAE, ADNOC will continue to create value, generate investment opportunities and empower national talent for sustained economic growth.' Launched in 2018 with the support of local stakeholders and government partners, ADNOC's ICV programme is designed to deliver greater value to the UAE by investing in local manufacturing, developing the national workforce, and accelerating industrial growth.

Ministry of Economy highlights UAE's strategic focus on AI, food security at AIM Congress
Ministry of Economy highlights UAE's strategic focus on AI, food security at AIM Congress

Al Etihad

time07-04-2025

  • Business
  • Al Etihad

Ministry of Economy highlights UAE's strategic focus on AI, food security at AIM Congress

7 Apr 2025 23:40 SARA ALZAABI (ABU DHABI)As a global hub for trade and investment, the UAE opens opportunities for businesses across borders and, currently, certain sectors in focus, an official from the Ministry of Economy said on Monday during the opening of the AIM Congress. With an emphasis on foreign direct investment - both inward and outward - alongside the UAE's role as a central export and trade hub, the ministry has identified strategic sectors that correspond to national some of these sectors, Rashed Al Teneiji, Director of International Business Development and Trade Promotion at the MoE, said: "The country is interested in AI, food security, infrastructure, logistics. There are many projects within those sectors.""As a ministry, we promote sectors - major sectors - and we focus on presenting them to investors. We don't discuss the details of specific projects, though the sectors are of interest. We connect international investors and local investors and facilitate these kinds of meetings. So, our goal as a ministry is not to promote a specific project, but rather to promote sectors - important sectors - and highlight the country's strategic focus on those sectors," Al Teneiji said. The MoE serves as a bridge that connects the international community to the local community and industries, he said. "As a general statement, the UAE is looking forward to opening the market, opening trade and investment opportunities, and reducing tariffs and restrictions on doing business across borders," the official added. The UAE is an open economy, he stressed. "We are welcoming the open direction of doing business with everyone, and for that, we are signing Comprehensive Economic Partnership Agreements (CEPAs) with major countries around the world." Eight of the UAE's landmark CEPAs have so far come into force, with the latest trade pacts with Costa Rica and Mauritius added to the list early April. The recent development follows the successful roll-out of CEPAs with India, Türkiye, Indonesia, Cambodia and Georgia since the launch of the programme in 2021. 14 Years of AIM Congress AIM Congress, the world's leading investment platform, has been instrumental in promoting the UAE as a major global hub for business, Al Teneiji said. "The AIM Congress is a major platform. It was established 14 years back. We, as a ministry, have sponsored this event for the past 14 years, and it has always been an important platform for investment exchange between the UAE and other countries," he said. He added that AIM is an essential link between the global and local business investment communities, becoming a platform for the exchange of trends, key industry insights, and opportunities, while also allowing countries to present investment opportunities in their markets."As a ministry, we always participate here to promote the UAE as a business hub, an FDI source, and an FDI attraction destination as well. We consider the Annual Investment Meeting - the AIM Congress - a platform for us to reach out to the business community that is interested in investment, whether in terms of FDI outward or FDI inflow," Al Teneiji said. AIM Congress is not only a venue to promote investment opportunities within the UAE and those that the country can be part of, he said. "[It also highlights the UAE] as a hub for trade and investment - and as a haven and safe haven for investment and wealth."

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