Latest news with #MinistryofInvestment
Gulf Today
21 hours ago
- Business
- Gulf Today
Sharjah to host 29th edition of World Investment Conference
In a significant step that underscores the UAE's prominence on the global investment map, the Sharjah FDI Office (Invest in Sharjah), in collaboration with the World Association of Investment Promotion Agencies (WAIPA) and the UAE Ministry of Investment, has announced the 29th edition of the World Investment Conference (WIC). Marking its debut in Sharjah, the event will be conducted under a shared agenda with the Sharjah Investment Forum (SIF), which will take place from October 22 to 24 at Expo Centre Sharjah. This international collaboration was officially formalised through a 'Host Agreement' in the presence of Sheikha Bodour Bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq), Mohamed Hassan Alsuwaidi, UAE Minister of Investment, and Dr James Zhan, Chairman of the Executive Board of the World Investment Conference (WIC). Signatories to the agreement included Mohammad AbdulRahman Alhawi, Undersecretary of the UAE Ministry of Investment; Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah; and Ismail Ersahin, Executive Director and CEO of WAIPA. Commenting on the strategic significance of the event, Sheikha Bodour Al Qasimi said: 'Hosting the 29th edition of WIC in Sharjah reflects international confidence in the emirate's status as a leading destination for responsible and sustainable investment and underscores its readiness to convene global discussions focused on directing capital towards tangible development goals.' 'In Sharjah, we believe that the future of investment depends on striking a balance between economic growth and social development. For this reason, we are committed to ensuring that the international platforms we host provide opportunities to build partnerships that facilitate knowledge exchange, promote innovation, and deliver meaningful impact for both communities and markets,' she added. The decision to host the 29th edition of the WIC in Sharjah holds particular importance as it coincides with the 30th anniversary of WAIPA. This milestone adds a commemorative element to the event, recognising three decades of advancing global investment and underscoring the critical role of investment promotion agencies in shaping both regional and international economic landscapes. Mohamed Hassan Alsuwaidi, UAE Minister of Investment, said: 'The World Investment Conference taking place in Sharjah reflects the UAE's enduring commitment to shaping the global investment agenda. As WAIPA marks its 30th anniversary, this collaboration highlights our shared ambition to deepen cross-border partnerships and drive inclusive, sustainable economic growth.' Commenting on the collaboration, Mohamed Juma Al Musharrkh highlighted that hosting global investment institutions in Sharjah will unlock a wide range of opportunities for local and regional business communities, facilitating greater access to expansive networks of cross-border partnerships. He stressed that the collaboration underscores Invest in Sharjah's ongoing commitment to equipping investors with the tools necessary for sustainable growth, while fostering a flexible and scalable development environment that adapts to evolving market dynamics and responds to both current opportunities and future challenges. In this context, Ismail Ersahin, Executive Director and CEO of WAIPA said 'Investment promotion agencies are the architects of global economic connectivity - they bridge nations, ideas and capital to generate lasting impact. As WAIPA marks its 30th anniversary, we are proud to bring the World Investment Conference to Sharjah.'' 'This conference is not just a celebration of WAIPA's legacy, but a platform for meaningful collaboration between the public and private sectors, where investors are matched with opportunities. Sharjah's hosting of WIC 2025 reflects its growing leadership in global investment discourse and its commitment to shaping the next era of responsible, resilient investment.' he added. Dr James Zhan, Chairman of the Executive Board of the World Investment Conference, emphasised that the Conference is set to take place at the right time, in the right location, and with the right partners. He highlighted Sharjah as a unique and strategic destination for foreign direct investment. As a regional leader in attracting FDI, the UAE continues to strengthen its position among the world's top 15 investment destinations. The World Investment Conference arrives at a pivotal moment. In the face of global economic uncertainty and market volatility, the Conference aims to address pressing challenges while exploring new opportunities. It will serve as a vital global forum-bringing together the international investment community to shape a forward-looking strategy. It will chart a new path for promoting sustainable investment and shared prosperity in the new era of global economy. Since 2015, Invest in Sharjah has organised the Sharjah Investment Forum, establishing it as a leading regional platform for tracking global investment trends, identifying opportunities within the sustainable economy, and aligning with the direction of international capital and markets. Over the years, the forum has attracted prominent decision-makers, experts, and global investors, facilitating strategic discussions that support the development priorities of Sharjah, the UAE, and the wider region. Its integration of WIC reflects a strategic approach to enhancing its impact, widening the scope of discussions, and fostering meaningful partnerships across sectors and borders. WAM
Malaysia Sun
2 days ago
- Business
- Malaysia Sun
UAE, Malaysia's Perak State Development Corporation sign MoU to facilitate investments in food security
ABU DHABI, 30th May 2025 (WAM) -- The Ministry of Investment and the Perak State Development Corporation in Malaysia have signed a Memorandum of Understanding (MoU) to support co-operation in the field of food security. The agreement also includes the development of the Bagan Datuk International Sea-Hub Multipurpose Terminal in Perak State, reinforcing both parties' commitment to global supply chains and sustainable economic growth through strategic infrastructure development. The MoU was signed by Mohamed Hassan Alsuwaidi, Minister of Investment, and Yab Dato' Seri Haji Saarani Bin Mohamad, Chairman of Perak State Development Corporation. The two parties will work together to explore opportunities for investment in food security, building on the Comprehensive Economic Partnership Agreement (CEPA) signed between the UAE and Malaysia in January 2025. Mohamed Hassan Alsuwaidi said, "This Memorandum with the Perak State Development Corporation underscores our shared commitment to bolstering regional supply chain resilience and driving sustainable development. Through this partnership, we aim to create meaningful international collaborations that deliver tangible value to both parties, while also contributing to the stability of the global food system." Yab Dato' Seri Haji Saarani Bin Mohamad, Chairman of Perak State Development Corporation added, "We are pleased to formalise this partnership with the UAE Ministry of Investment, which will advance our agricultural sector and infrastructure development objectives, and our role in global food security. The Bagan Datuk International Sea-Hub Multipurpose Terminal will serve as a critical gateway for Malaysia's food exports while strengthening our position in global supply chains. We greatly value our partnership with the UAE and look forward to working together." The UAE and Malaysia have a strong relationship with increasing economic and trade ties. Non-oil bilateral trade reached US$4.9 billion in 2023 and US$4 billion in the first nine months of 2024. The UAE is Malaysia's second-largest trading partner in the Middle East accounting for 32% of Malaysia's trade volume with the region, and Malaysia is the UAE's 12th largest Asian trading partner.
Sharjah 24
2 days ago
- Business
- Sharjah 24
UAE, Malaysia ink deal to boost food security
The agreement also includes the development of the Bagan Datuk International Sea-Hub Multipurpose Terminal in Perak State, reinforcing both parties' commitment to global supply chains and sustainable economic growth through strategic infrastructure development. High-level signatories reflect deep bilateral commitment The MoU was signed by Mohamed Hassan Alsuwaidi, Minister of Investment, and Yab Dato' Seri Haji Saarani Bin Mohamad, Chairman of Perak State Development Corporation. Building on UAE-Malaysia CEPA framework The two parties will collaborate to explore investment opportunities in food security, building on the Comprehensive Economic Partnership Agreement (CEPA) signed between the UAE and Malaysia in January 2025. Statements from leaders Mohamed Hassan Alsuwaidi stated: 'This Memorandum with the Perak State Development Corporation underscores our shared commitment to bolstering regional supply chain resilience and driving sustainable development. Through this partnership, we aim to create meaningful international collaborations that deliver tangible value to both parties, while also contributing to the stability of the global food system.' Yab Dato' Seri Haji Saarani Bin Mohamad added: 'We are pleased to formalise this partnership with the UAE Ministry of Investment, which will advance our agricultural sector and infrastructure development objectives, and our role in global food security. The Bagan Datuk International Sea-Hub Multipurpose Terminal will serve as a critical gateway for Malaysia's food exports while strengthening our position in global supply chains. We greatly value our partnership with the UAE and look forward to working together.' Strengthening UAE-Malaysia trade relations The UAE and Malaysia enjoy strong and growing economic relations. Non-oil bilateral trade reached US$4.9 billion in 2023, with US$4 billion recorded in the first nine months of 2024. The UAE is Malaysia's second-largest trading partner in the Middle East, accounting for 32% of Malaysia's trade volume with the region. Malaysia ranks as the UAE's 12th largest Asian trading partner.
The Sun
2 days ago
- Business
- The Sun
ASEAN WEF 2025 to gather 100 speakers, panelists for Sheconomy agenda
KUALA LUMPUR: The ASEAN Women Economic Forum (WEF) 2025, which will be held from June 19 to 21, will bring together more than 100 speakers and panelists from both Malaysia and abroad. Its president Datin Dr Hartini Osman said the three-day forum, to be held at the Ministry of Investment, Trade and Industry (MITI) Tower here, will feature 24 parallel sessions, six workshops, nine roundtables and four firechat sessions. 'A total of 67 speakers from overseas and 51 from Malaysia will be participating, representing about 40 countries in total, including the ASEAN delegation. As of today, a total of 400 participants will be joining this forum,' she said at an exclusive preview to introduce the line-up of speakers, sponsors and exhibitors here today. Also present was senior director of ASEAN Economic Integration Division at MITI, Sugumari S. Shanmugam. The forum themed 'Women Leaders Beyond Borders: Shaping the Future of the ASEAN Sheconomy' is expected to be launched by the Prime Minister's wife Datuk Seri Dr Wan Azizah Wan Ismail who will also present several awards and the keynote address will be delivered by the Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz. Hartini said WEF would also be a platform to highlight products developed by women, not only from Malaysia, but also ASEAN and the rest of the world. 'So far there are four products and we are still open to those who want to launch products, we provide this platform for free for them and we also have a platform for business matching,' she said. In addition, she said WEF is also organising a Gala Dinner on the last day and the resolutions from the forum will be presented to the ministers and countries involved. WEF is a prestigious forum organised to support Malaysia as the Chair of ASEAN 2025 which promotes women's leadership, entrepreneurship and economic empowerment in the ASEAN region. It is organised jointly with the Bina Kesejahteraan Foundation, the Poverty Eradication (Basmi Kemiskinan) Foundation and the Malaysia-India Business Council in collaboration with MITI.
The Sun
2 days ago
- Business
- The Sun
ASEAN WEF 2025 to feature 100 voices on Sheconomy agenda
KUALA LUMPUR: The ASEAN Women Economic Forum (WEF) 2025, which will be held from June 19 to 21, will bring together more than 100 speakers and panelists from both Malaysia and abroad. Its president Datin Dr Hartini Osman said the three-day forum, to be held at the Ministry of Investment, Trade and Industry (MITI) Tower here, will feature 24 parallel sessions, six workshops, nine roundtables and four firechat sessions. 'A total of 67 speakers from overseas and 51 from Malaysia will be participating, representing about 40 countries in total, including the ASEAN delegation. As of today, a total of 400 participants will be joining this forum,' she said at an exclusive preview to introduce the line-up of speakers, sponsors and exhibitors here today. Also present was senior director of ASEAN Economic Integration Division at MITI, Sugumari S. Shanmugam. The forum themed 'Women Leaders Beyond Borders: Shaping the Future of the ASEAN Sheconomy' is expected to be launched by the Prime Minister's wife Datuk Seri Dr Wan Azizah Wan Ismail who will also present several awards and the keynote address will be delivered by the Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz. Hartini said WEF would also be a platform to highlight products developed by women, not only from Malaysia, but also ASEAN and the rest of the world. 'So far there are four products and we are still open to those who want to launch products, we provide this platform for free for them and we also have a platform for business matching,' she said. In addition, she said WEF is also organising a Gala Dinner on the last day and the resolutions from the forum will be presented to the ministers and countries involved. WEF is a prestigious forum organised to support Malaysia as the Chair of ASEAN 2025 which promotes women's leadership, entrepreneurship and economic empowerment in the ASEAN region. It is organised jointly with the Bina Kesejahteraan Foundation, the Poverty Eradication (Basmi Kemiskinan) Foundation and the Malaysia-India Business Council in collaboration with MITI.
