Latest news with #MinistryofInvestment
Tourism Breaking News
3 hours ago
- Business
- Tourism Breaking News
UAE showcases impact of global development intiatives advancing SDGs at UN forum
Post Views: 53 The UAE presented the results of its global development initiatives supporting SDG8 during its participation in the 2025 UN High-Level Political Forum (HLPF), reaffirming its commitment to promoting inclusive economic growth and decent work worldwide. Organised by the United Nations Department of Economic and Social Affairs at UN headquarters in New York City, this year's forum is held under the theme 'Advancing sustainable, inclusive, science- and evidence-based solutions for the 2030 Agenda and its Sustainable Development Goals for leaving no one behind.' The UAE's participation reflects its commitment to a development model rooted in sustainability, opportunity creation, and international partnerships that advance the 2030 Agenda. The discussion focused on mobilising private sector investment to advance sustainable and inclusive growth. Participants also explored solutions to address global skill gaps and reconfigure international trade frameworks to support development. Furthermore, the UAE delegation hosted two thematic panels. The first, 'Economic Diplomacy in Action,' examined how diplomacy can foster economic resilience and stability in alignment with SDG8. The second, 'Vision into Action,' explored policy frameworks that support SDG16 on peace, justice, and strong institutions. H.E. Lootah, said the UAE's model for economic growth is shaping the future of work and creating opportunities for new generations at home and abroad. He added that the UAE has succeeded in building a balanced and diversified economic model grounded in inclusiveness and sustainability, positioning the country as a key contributor to continuous development efforts and solutions to current and future challenges in line with the 2030 Agenda and beyond. H.E. Lootah emphasised that the importance of establishing global consensus around sustainable economic concepts and future work patterns, especially in the context of setting new global development goals beyond 2045 (XDGs). He noted that the UAE delegation's participation in the 2025 High-Level Political Forum aligns with this goal, aiming to strengthen partnerships and exchange expertise through strategic initiatives led by the Government Experience Exchange Programme, along with contributions from leading national entities driving inclusive and sustainable development globally. H.E. AlHawi, emphasised that the country's investment approach is centred on strategic partnerships that foster innovation and long-term growth. This approach is focused on delivering measurable outcomes and lasting impact to support inclusive development, expand economic opportunities, and contribute to broader social advancement. H.E, AlHawi said: 'The UAE is a land of opportunity. We empower youth, entrepreneurs, innovators, and researchers. Under the leadership of the UAE government, the Ministry of Investment supports transformative global investment flows – not only to foster innovation, but to cultivate talent, expand opportunity, and drive sustainable development. This vision has become reality, reflecting the UAE's commitment to building an integrated ecosystem that supports innovation and enables impactful partnerships. Through an agile regulatory framework, we aim to ensure continued private sector growth in line with the nation's goal of building a resilient, future-ready economy.' The HLPF on Sustainable Development is the UN's central platform for reviewing and advancing SDGs. Established in 2012, the forum plays a pivotal role in monitoring national and international progress on the 2030 Agenda. Participating delegations at HLPF conduct assessments of progress toward the SDGs, with this year's forum featuring in-depth reviews of five priority goals: SDG3 (ensuring healthy lives and promoting well-being for all at all ages); SDG5 (achieving equality and empowering all women and girls); SDG8 (promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all); SDG14 (conserving and sustainably using the oceans, seas and marine resources for sustainable development); and SDG17 (strengthening and revitalising the Global Partnership for Sustainable Development).
Saudi Gazette
3 hours ago
- Business
- Saudi Gazette
Saudi investment delegation arrives in Damascus for landmark economic forum
Saudi Gazette report DAMASCUS — A high-level Saudi delegation led by Minister of Investment Khalid Al-Falih arrived in Damascus on Wednesday to participate in the Saudi-Syrian Investment Forum, marking a major step in restoring economic ties between the two countries. The visit, organized under the directive of Crown Prince Mohammed bin Salman, includes more than 130 Saudi businessmen and investors, reflecting strong official and commercial interest in supporting Syria's economic recovery. According to Syria's state news agency, the delegation's agenda centers on exploring investment opportunities, facilitating bilateral understandings, and removing obstacles facing investors—part of Saudi Arabia's broader commitment to enhancing historical and fraternal ties with Syria. The Ministry of Investment, in coordination with the Federation of Saudi Chambers, is leading the effort to enable Saudi private sector involvement in Syria's reconstruction and development. The ministry is also identifying interested companies and organizing workshops to support investment readiness. A key highlight of the visit is the Saudi-Syrian Investment Forum, which will include the announcement of joint projects, investment deals, and memoranda of understanding—signaling serious intent toward building a sustainable economic partnership between Riyadh and Damascus.
Zawya
10 hours ago
- Business
- Zawya
Saudi Arabia and Syria to hold investment forum in Damascus to boost cooperation
RIYADH — Saudi Arabia is moving forward with plans to deepen its bilateral ties with Syria through the launch of the Syrian-Saudi Investment Forum 2025, the Ministry of Investment announced on Tuesday. The initiative reflects the Kingdom's continued commitment to supporting Syria and contributing to its stability and prosperity. The forum aims to build on the historic ties and shared heritage between the two nations and strengthen economic cooperation in line with Saudi Arabia's strategic vision of regional integration and mutual benefit. Acting on the directives of Crown Prince Mohammed bin Salman, the Ministry of Investment has launched efforts to activate the role of the private sector in both countries by facilitating cross-border partnerships. These efforts include organizing the investment forum and a series of business workshops designed to foster collaboration. As part of the forum preparations, the ministry — in cooperation with the Federation of Saudi Chambers — is coordinating a delegation visit to Damascus, featuring prominent Saudi companies from various sectors. The visit will involve meetings with Syrian public and private sector representatives to discuss potential investment opportunities and remove barriers to business development. The forum will also feature the signing of memorandums of understanding, joint venture agreements, and other investment deals. It is expected to create new avenues for cooperation, particularly in infrastructure, manufacturing, agriculture, and technology. Saudi companies interested in participating are encouraged to reach out via the dedicated email: [email protected]. The ministry has requested that interested parties include a brief overview of their company, sector, and planned activities in Syria. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
a day ago
- Business
- Saudi Gazette
Saudi Arabia and Syria to hold investment forum in Damascus to boost cooperation
Saudi Gazette report RIYADH — Saudi Arabia is moving forward with plans to deepen its bilateral ties with Syria through the launch of the Syrian-Saudi Investment Forum 2025, the Ministry of Investment announced on Tuesday. The initiative reflects the Kingdom's continued commitment to supporting Syria and contributing to its stability and prosperity. The forum aims to build on the historic ties and shared heritage between the two nations and strengthen economic cooperation in line with Saudi Arabia's strategic vision of regional integration and mutual benefit. Acting on the directives of Crown Prince Mohammed bin Salman, the Ministry of Investment has launched efforts to activate the role of the private sector in both countries by facilitating cross-border partnerships.
Barnama
a day ago
- Business
- Barnama
Approved Investments Across Multiple Sectors Reach RM474.2 Bln As Of March 2025
KUALA LUMPUR, July 22 (Bernama) -- A total of RM474.2 billion in approved investments across various economic sectors was recorded between 2024 (full year) and March 2025, according to the Ministry of Investment, Trade and Industry (MITI). The ministry said these investments span the manufacturing, services, and primary sectors, involving 9,238 projects and creating 241,086 job opportunities. 'Domestic investment accounted for the majority of approved investments during this period, totalling RM242.5 billion or 51.1 per cent, while foreign investment made up RM231.7 billion (48.9 per cent),' it said in a written reply published on Parliament's website today.
