Latest news with #ZayedBinAweidha
Gulf Today
09-04-2025
- Business
- Gulf Today
Abu Dhabi Investment Group highlights economic challenges
Staff Reporter, Gulf Today Abu Dhabi Investment Group (ADIG) is actively participating in the 14th Annual Investment Meeting (AIM Congress 2025), which is held at the Abu Dhabi National Exhibition Centre from April 7 to 9, 2025. The conference is a leading global platform that brings together business leaders, investors, and decision-makers from around the world, under the theme of 'Mapping the Future of Global Investment: The New Wave of a Globalized Investment Landscape: Towards a New Balanced World Structure'. The conference is expected to attract more than 25,000 participants from 180 countries, and will include more than 350 dialogue sessions and workshops addressing issues of the new economy, innovation, and sustainability. In the context of the dialogue session in which Zayed Bin Aweidha, CEO of Abu Dhabi Investment Group (ADIG), participated in Leaders' Panel: Manufacturing 2030 – Key Trends Shaping the Industry. The most prominent future trends shaping the manufacturing sector by 2030 were discussed. During the session, he noted that current economic challenges create additional pressure on global markets that have yet to recover from previous crises. He emphasized that economic indicators point to a potential economic crisis that may be more severe than the 2008 crisis, given that markets were in better shape at that time. In this context, he noted that the tariffs imposed by the US administration on global trade could exacerbate economic conditions, warning that this step adds additional pressure on the global economy. Aweidha touched on the future of Industry 5.0 and 6.0, explaining that Industry 5.0 focuses on the integration of humans and machines to achieve more sustainable productivity, while Industry 6.0 moves towards advanced artificial intelligence and comprehensive digital transformation. He emphasized that achieving these advanced stages of industrial transformation may be impossible in light of the current financial crises, which significantly impact companies' ability to survive and grow. He explained that in the event of another global economic crisis, a lot of companies, specially the ones with uncollected debts, are likely to go bankrupt. He also discussed the issue of corporate migration, noting that many companies are now seeking new markets to reduce operating costs, including human resources costs, leading many companies to migrate from high-cost economic environments to more economically favorable ones. The session was attended by a number of prominent international figures who exchanged views on ways to enhance international cooperation to address common economic challenges. The importance of innovation and digital transformation in keeping pace with future developments and achieving sustainability was also emphasized. The session was attended by Ruben Simonyan, Deputy Minister of High-Tech Industry of the Republic of Armenia, who presented his country's vision for digital transformation in the industrial sector and the strategies adopted to promote smart manufacturing. His Excellency emphasized the importance of international cooperation in technology and the exchange of expertise, with a focus on the role of innovation in achieving sustainable industrial development. He also discussed ways to enhance public-private sector partnerships, pointing to promising opportunities for cooperation between Armenia and the UAE in the fields of advanced manufacturing and emerging technologies. The Abu Dhabi Investment Group's participation comes within the framework of its unwavering commitment to supporting the UAE's policy and its ongoing efforts to promote international economic cooperation. The annual investment conference is an ideal platform for exchanging expertise and building strategic partnerships that contribute to achieving sustainable development. The group also seeks to expand its investment activities across diverse sectors, including financial services, real estate, infrastructure, and technology, in line with the UAE's vision to strengthen its position as a global financial centre. In addition, the group affirms its commitment to supporting innovation and digital transformation, in line with the UAE's vision to build a sustainable knowledge-based economic base. It is also keen to explore the latest trends and developments in the global investment landscape. With a focus on addressing current and future challenges, and strengthening public-private partnerships to drive the economy towards further growth and development. The Ministerial Roundtable on 'Investment in Tourism: Shaping Tourism Investment Opportunities through Policy Innovation' assembled at AIM Congress 2025, gathering ministers and global stakeholders to redefine the future of tourism investment through strategic policy transformation. The session brought together 13 speakers, including officials and ministers from the UAE, Bahrain, Georgia, Montenegro, Egypt, and Iran, as well as senior executives from UNCTAD, UN Tourism, World Economic Forum, ESCAP, and the World Free Zones Organisation.
Zawya
28-02-2025
- Business
- Zawya
Abu Dhabi Investment Group (ADIG) participates in the closing day of Investopia Summit 2025
The Abu Dhabi Investment Group (ADIG) actively participated in the fourth edition of the Investopia Summit 2025, a leading global platform dedicated to fostering dialogue and investment partnerships among business leaders and investors from around the world. The summit was held under the theme 'Harnessing MegaForces'. H.E. Zayed Bin Aweidha, CEO of the Abu Dhabi Investment Group (ADIG), spoke in a session titled "Using International Investments to Support the Growth of the New Economy" where he discussed the strategic role of global investments in supporting economic development, enhancing stability, and driving prosperity. He emphasized the role of the vast opportunities presented by key sectors such as technology, clean energy, and digital transformation in accelerating sustainable growth. Strengthening Economic Relations His Excellency also highlighted the strategic partnership between the UAE and China, stating: "The relationship between the UAE and China is built on a solid foundation of economic and investment cooperation. Abu Dhabi Investment Group (ADIG) is committed to strengthening this partnership through targeted initiatives that foster mutual growth." Addressing the importance of small businesses, he added: "Small businesses play a crucial role in driving economic growth and sustainable development. They hold immense potential, contributing to innovation and expanding economic opportunities. It is essential to support and empower these businesses." Furthermore, he mentioned a proposal presented to the Emirati government aimed at enhancing the integration of small businesses into the economic system to ensure their continuity and development. He also stated that "Through this proposal, we aim to help enhance the economic environment that nurtures entrepreneurship, aligning with future visions that promote innovation and sustainability." Vision for Global Cooperation Discussing future collaboration between the UAE and China, His Excellency stated: "Establishing a joint investment fund between Emirati and Chinese companies would be a strategic step in strengthening economic cooperation between the two countries. China, with its massive economy and vast number of companies, has tremendous potential while the UAE's unique geographical location, advanced infrastructure, and strong international trade relations make it an ideal gateway for China to access global markets.' "This partnership will not only strengthen economic cooperation but also create innovative investment opportunities, reflecting the strength of our bilateral relations and unlocking new avenues for joint development." The Role of Financial Institutions in Supporting the New Economy Dr. Mohamed B Kharrubi, advisor to the SIEF Federation and a Board Member of Abu Dhabi Investment Group (ADIG), participated in a distinguished panel discussion titled "Financing Innovation and Growth." He addressed the role of financial institutions in supporting the new economy and driving industrial development through international cooperation. Dr. Mohamed B Kharrubi emphasized the importance of strategic partnerships in fostering innovation and financing future projects that contribute to sustainable development. He also reaffirmed the Abu Dhabi Investment Group's (ADIG) commitment to supporting initiatives that drive technological advancements and digital transformation, aligning with the UAE's vision of building a sustainable, knowledge-driven economy. Participation in the Entrepreneurship Summit The Abu Dhabi Investment Group's (ADIG) participation was part of Investopia's Arab-Chinese Entrepreneurship Summit, which aims to strengthen economic and investment collaboration between countries. Speakers from the Group highlighted the importance of such platforms in promoting meaningful dialogue and knowledge exchange between the public and private sectors. They also emphasized the Group's role in supporting initiatives that enhance strategic partnerships and contribute to achieving sustainable development goals. Investopia: A Global Investment Platform Investopia, launched under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President of the State, Deputy Prime Minister and Minister of the Presidential Court, continues to serve as a vital forum for investment discussions. The fourth edition of the summit featured numerous dialogue sessions and workshops covering themes such as the new economy, innovation, and sustainability. These discussions aimed to advance global economic development by showcasing the critical role of international investments in driving sustainable growth and strengthening global cooperation.
