Latest news with #Nahayan
Al Etihad
15-05-2025
- Business
- Al Etihad
Nahyan Bin Mubarak opens economy Middle East Summit 2025
15 May 2025 19:00 ABU DHABI (ALETIHAD)Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, officially opened the Economy Middle East Summit 2025, which convened high-level public and private sector leaders to discuss collaborative solutions for sustainable economic transformation. The event was held at Abu Dhabi Global Market (ADGM) under the theme 'Bridging Sectors, Building Economic Growth' and brought together more than 1,500 participants, including policymakers, business leaders, global investors, and technology his opening address, H.E. Sheikh Nahayan welcomed the delegates and emphasised the summit's timely focus on collaboration and future said: 'It is a deep personal pleasure to join you at the second edition of the Economy Middle East Summit. We come together as governments, businesses, and stakeholders to share knowledge, forge partnerships, and imagine new possibilities for the future of our economies and our region.'He added: 'Today, we gather at a critical moment that demands clarity of vision, boldness of action, and depth of partnership. The global economic landscape is undergoing a profound transformation, driven by shifts in trade, geopolitical realignments, technological revolutions, and societal expectations. These changes offer rare windows of opportunity.'He affirmed the UAE's proactive approach under the leadership of His Highness the President Sheikh Mohammed bin Zayed Al Nahyan, saying: 'We are fully committed to economic diversification, innovation, and global competitiveness. From smart infrastructure and AI to sustainable finance and forward-looking education, we are building the pillars of future growth.'Sheikh Nahayan went on to stress regional integration: 'Now is the time to transform our regional ties into corridors of collaboration and opportunity. We must harmonize digital trade regulations, invest in green infrastructure, nurture entrepreneurs, and align our innovation and education systems. By working together, we can ensure that the Middle East is not only resilient — but energized with new possibilities.'He concluded:''Bridging Sectors, Building Economic Growth' is not just a slogan — it is a mission. Let us invest boldly, collaborate openly, and build a sustainable, inclusive economic future for our region.'H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy, delivered the opening remarks and shared the UAE perspective on navigating the global economy. 'The global economic landscape in 2025 is marked by heightened uncertainty. The IMF's latest World Economic Outlook projects global growth at 2.8 percent and this year at 3 percent next year,' the minister Marri explained that the slower than usual growth is primarily due to escalating trade tensions and persistent policy uncertainty. He also mentioned the resurgence of protectionist policies, most notably the recent US tariff hikes, which have disrupted trade flows, eroded business confidence, and delayed investments. He added: 'Our approach is rooted in the belief that economic prosperity is achieved through cooperation, not isolation. By building bridges, we aim to create a more inclusive and sustainable global economy. Our Comprehensive Economic Partnership Agreements (CEPAs) with countries across Asia, Europe, and Africa reflect this commitment, expanding our market access, strengthening supply chains, and accelerating investment flows. These agreements have not only diversified our economic partnerships but have also bolstered our resilience against external shocks. As a result, we expect the impact of recent U.S. tariffs on the UAE economy to remain limited.'Salem Al Darei, CEO of ADGM Authority said: 'As an official partner of the Economy Middle East Summit, we are pleased to have been part of this platform that brought together influential voices from across the region. The event not only provided an invaluable opportunity for industry experts and leaders to engage in meaningful discussions, but also an opportunity for the ecosystem to listen to and connect on matters that are important for fostering innovation and driving sustainable economic growth.''ADGM remains committed to contributing towards a prosperous and sustainable economy by fostering innovation, enabling business growth, and strengthening collaboration between public and private sectors. Through strategic initiatives like these, ADGM continues to play a vital role in shaping the region's economic future', he added. Economy, investment and financial services A high-profile panel featuring Dr. Mahmoud Mohieldin, UN special envoy on Financing the 2030 Agenda, H.E. Rashed Al Blooshi, undersecretary of the Abu Dhabi Department of Economic Development; and Safaa El Tayeb El-Kogali, country director for the GCC, World Bank, discussed the world's economic landscape, highlighting key issues that affect global trade, noting that the global economy's order which has been in place for decades, is now changing. The summit featured an in-depth analysis of the UAE's investment ecosystem, with experts from Visa, the Abu Dhabi Investment Office (ADIO) and the Multiply Group discussing trade and investment opportunities across key panel shed light on the growing adoption of e-commerce and mobile commerce in a rapidly evolving digital landscape.A related panel on the financial services sector featured speakers from Wio Bank, Finstreet and the Financial Services Regulatory Authority of ADGM who explored the forces reshaping the industry, from digital innovation and regulatory developments to shifting customer expectations and regional growth. Technology, sustainability high on agenda of future-proofing economy Technology continues to be a major conduit for enabling smart cities to thrive and enhancing living standards across the region, but also in transforming the mobility of people and goods as well as in transitioning to a greener and sustainable stakeholders and thought leaders in this field – from e& and Mercedes-Benz to Siemens and Mubadala – shared optimism on the region's path to technological adoption and experts also examined innovative approaches to decarbonizing power systems, enhancing water and energy efficiency, and building infrastructure that supports long-term environmental and economic goals. Joe Chidiac, Publisher of JC Media Group and organiser of the summit, said: 'As we venture into today's journey of dialogue and discovery, I challenge each one of you to embrace the spirit of innovation that has been the hallmark of the UAE and its capital, Abu Dhabi. The partnerships formed here, the ideas exchanged, and the commitments made will ripple beyond these walls to shape economies, empower communities, and create prosperity for generations to come. Together, let us bridge sectors and build not just growth, but a legacy of sustainable economic excellence.'
Gulf News
24-04-2025
- Politics
- Gulf News
From Dubai to world: Peace summit declares vision for harmony, equality
Dubai: As many as 12 Nobel Laureates promoted unity and compassion through a Peace Charter at the Global Justice, Love, and Peace Summit – one of the the world's largest peace conferences. Titled 'A Love Letter to Humanity', the charter highlighted that true peace can only thrive when guided by fairness, open dialogue, and an unwavering dedication to justice, love, and freedom. Peaceful means 'It will be our wisdom that will bring about and strengthen peace among nations and will promote and ensure respect and human rights for everyone. It will be our wisdom that will allow us to resolve conflicts through peaceful means,' Sheikh Nahayan Mabarak Al Nahayan, Minister of Tolerance and Co-existence, in his keynote address. Citing examples of the UAE leadership's wisdom, Sheikh Nahayan noted that it has made the UAE a country of progress, prosperity, and stability. Economic prosperity 'It will be our wisdom that will ensure an economic prosperity that will reach everyone in the future and lead to better living conditions for all regions of the world,' he said, noting: 'Our wisdom that will make our cultural, economic and religious diversity a basis for mutual respect and for enhancing our capacity to bring great change as we act together.' The charter by the Nobel Laureates will be presented to the United Nations, according to Dr Huzaifa Khorakiwala, Chairman of the 'I am Peacekeeper' Movement. Joint Charter The joint charter stated in its preamble: 'Peace is not merely the absence of conflict but the presence of justice, love, and peace, commit to upholding the principles that foster harmony, progress, and human equality for all. We believe that true peace can only thrive when guided by fairness, open dialogue, and unwavering dedication to justice, love, and freedom.' The Nobel Laureates who took the historic peace pledge included human rights activist Abdessattar Ben Moussa, educationist Houcine Abbasi (both from Tunisia), Jose Ramos-Horta, President of East Timor, Indian social activist Kailash Satyarthi, Lech Wałęsa, former President of Poland, Leymah Gbowee from Liberia, and Mohamed Fadhel Mahfoudh, President of the Tunisian Order of Lawyers, among others.
Zawya
16-04-2025
- Business
- Zawya
Sustainable, data-driven supply chains imperative to withstand trade disruptions, says Sheikh Nahayan
Smart procurement and In Country Valuation (ICV) have redirected AED 145 billion to the UAE economy since 2018 Dubai, UAE: Reaffirming the UAE's global commitment to sustainability and innovation, His Excellency Sheikh Nahayan Bin Mabarak Al Nahyan, Minister of Tolerance and Coexistence, said data-driven, resilient and sustainable supply chains are imperative to help withstand global trade risks. Sharing his insights at the International Procurement and Supply Chain Conference (IPSC 2025) in Dubai organised by the global leader in supply chain training and consulting, Blue Ocean Corporation, Sheikh Nahayan said that supply chains must be effective and responsive to rapid change, and should continue to improve. 'We have come to realize the fragile nature of supply chains, and to appreciate that, in this globalized world, we must have supply chains that can respond to freer trade, to technological advancements, to increased automation and use of robotics, and to the forces of market economies. We fully understand that supply chains must be sustainable, resilient, secure, innovative, data and evidence-driven, and cost efficient,' he said in his key note address. Paying tribute to the nation's leadership, His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, Sheikh Nahayan acknowledged their visionary contributions to infrastructure development, economic resilience, and sustainable growth. Congratulating Blue Ocean Corporation for organizing IPSC, he said that procurement systems and supply chains are susceptible to complexity and vulnerability in the face of unforeseen global circumstances and it is the collective responsibility of governments and businesses to ensure that they remain sustainable, resilient, and beneficial to society and to the wellbeing of the planet. IPSC 2025 was held under the theme of 'Redefining Global Trade: The UAE Shaping Sustainable Supply Chains for the Future. Regenerative Supply Chains, Local Economic Growth Focus on carbon-negative regenerative supply chain models that even goes beyond sustainability practices are a must in the current times of trade to further reinforce circular economy, said Dr. Sathya Menon, Group CEO of Blue Ocean Corporation, at IPSC 2025. 'Regenerative supply chains are increasingly seen as a panacea for trade disruptions like higher tariffs, climate change and geopolitical bottlenecks as it focuses on local procurement leading to reduced burden on logistics and supply chain costs. Local procurement is also carbon negative as sourcing happens locally resulting in reduced carbon emissions, and also comes at lower transportation costs, in turn helping local economy thrive,' he said. Experts at the IPSC 2025 said digitally empowered and purpose-led local procurement has become a tool of economic empowerment in communities across the world, fostering innovation and ESG (Environmental, Social and Governance) integration. For instance, Dubai's smart strategy through its DubaiNow app platform has unified procurement across over 40 government entities, improving efficiency, vendor experience and public spending transparency. 'Procurement has shifted to national value creation and digital excellence, fostering local supplier growth driving economic diversification and innovation partnerships,' said Nabil Sousou, Vice President & Chief Procurement Officer for Africa, Middle East, and South Asia at PepsiCo, adding that key initiative like the implementation of the In-Country Value (ICV) Program tied to procurement contracts has helped redirect AED 145 billion into the UAE economy since 2018. IPSC 2025 brought together over 650 international delegates, including procurement experts, policymakers, and industry innovators to discuss on redefining global trade and supply chain ecosystems. Sourav Ganguly, former Indian Cricket team Captain, and Amruta Devendra Fadnavis, renowned Indian social activist and Chairperson of the Divija Foundation, joined as Guests of Honour, bringing international spotlight to the conference and reinforcing the UAE's leadership in promoting global cooperation. 'Success isn't won alone. It is forged through teamwork and recognizing every teammate's role. Be it in sports or business, true leaders should lift others up,' said Sourav Ganguly, who is also a Board Member at the Blue Ocean Corporation. Mr. Abdul Azeez, Group Chairman of Blue Ocean Corporation, added: 'More than a trade hub, the UAE is a global pacesetter. IPSC 2025 discussions have laid the groundwork for supply chains that thrive sustainably, and we're proud to drive this momentum forward.' The next edition of IPSC will be held in New Delhi. Earlier editions were in London, Mumbai, and Riyadh before Dubai.
Sharjah 24
13-04-2025
- Politics
- Sharjah 24
Global Peace Summit ends with ‘Love Letter to Humanity' Charter
Sheikh Nahayan highlights wisdom as the foundation of peace Opening the second day of the summit with a keynote address, then Chief Guest, Sheikh Nahayan Mabarak Al Nahayan, Minister of Tolerance and Co-existence, said: 'It will be our wisdom that will bring about and strengthen peace among nations and will promote and ensure respect and human rights for everyone. It will be our wisdom that will allow us to resolve conflicts through peaceful means.' Citing examples of the wisdom of the UAE leaders, Sheikh Nahayan said their wisdom has made the UAE a country of progress, prosperity, and stability. 'It will be our wisdom that will ensure an economic prosperity that will reach everyone in the future and lead to better living conditions for all regions of the world,' adding that 'our wisdom that will make our cultural, economic and religious diversity a basis for mutual respect and for enhancing our capacity to bring great change as we act together.' Peace Charter to be presented to the United Nations Later in the day, Nobel laureates reinforced the call for a peaceful and just world through a Peace Charter – 'A Love Letter to Humanity' – which will be presented to the United Nations, said Dr. Huzaifa Khorakiwala, Chairman of the I am Peacekeeper Movement, the organisers of the Summit. Charter calls for justice, equality, and human dignity The joint Peace Charter said in its preamble: 'Peace is not merely the absence of conflict but the presence of justice, love, and peace, commit to upholding the principles that foster harmony, progress, and human equality for all. We believe that true peace can only thrive when guided by fairness, open dialogue, and unwavering dedication to justice, love, and freedom.' Twelve Nobel laureates sign historic peace pledge The 12 Nobel laureates who took the historic peace pledge included: Abdesattar Ben Moussa (Tunisia, 2015) Houcine Abbasi (Tunisia, 2015) Jose Manuel Ramos Horta (East Timor, 1996) Kailash Satyarthi (India, 2014) Lech Walesa (Poland, 1983) Leymah Gbowee (Liberia, 2011) Mohamed Fadhel Mahfoudh (Tunisia, 2015) Prof. Mohan Munasinghe (Sri Lanka, 2007) Nadia Murad (Iraq, 2018) Oscar Arias Sanchez (Costa Rica, 1987) Ouided Bouchamaoui (Tunisia, 2015) Dr. Shirin Ebadi (Iran, 2003) Upholding fundamental human values The Peace Charter reinforced the importance of justice, equality, fairness, open dialogue, knowledge, the right to education and dignity, leadership, compassion, and action. Foundations of inner peace The charter also emphasised the need to foster the seven human values of: Gratitude, Forgiveness, Love, Humility, Giving, Patience, and Truth, describing them as the foundation of inner peace .
