Economy

During the AIM Investment Summit, Thani Al-Zeyoudi: The UAE is committed to working to achieve sustainable development, economic diversification, innovation and excellence

ABU DHABI, 7 MAY / WAM / His Excellency Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, said that the 13th session of the AIM Investment Summit was launched today in the capital, Abu Dhabi, in light of renewed optimism about the global economic recovery.
His Excellency said in his speech during the summit: “We are witnessing rapid transformations and unprecedented opportunities for global economic development, and at the same time we are facing challenges that overlap with each other and have tested the ability of countries around the world to withstand as the world stands at a critical juncture… Our collective need to achieve sustainable growth and prosperity has not been fulfilled.” “Comprehensive is more urgent than ever.”
His Excellency added that with our deep awareness of the close interrelation between economic progress, environmental sustainability, and social justice, we are witnessing a qualitative shift in the way we deal with investment. Only when we unite our efforts to overcome common challenges do we prove that we are capable and worthy of building a better future for all of us.
His Excellency explained that the UAE, under the leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, continues its firm commitment to working to achieve “sustainable development, economic diversification, innovation and excellence.”
He added that, in line with the ambitious goals of the UAE Centennial 2071 and the Abu Dhabi Economic Vision 2030, we are moving steadily in our transformational journey towards a knowledge-based economy, as this economy is characterized by flexibility, speed of performance, and forward-thinking.
His Excellency said that the remarkable progress that the UAE has achieved on the global stage represents a testimony to the spirit of innovation and entrepreneurship that distinguishes the UAE. He added that the UAE, with the vision of its wise leadership, has strengthened its position as a beacon of stability, a center for investment and a catalyst for progress, not only in our region but throughout the world. .
He explained that through strategic partnerships, future policies, and bold initiatives such as the UAE Green Agenda 2030 initiative, we are charting a sustainable path towards prosperity, while ensuring well-being for future generations.
His Excellency said that according to the World Investment Report for 2023 issued by the United Nations Conference on Trade and Development, the UAE continues to strengthen its leading position as an exceptional center of gravity that attracts investors from all over the world. He pointed out that in 2022, foreign direct investment flows rose to a record $22.7 billion. A significant increase of 10% over the previous year.
He added that this remarkable increase contributed to strengthening the country’s leading position and reputation to rank 16th globally in terms of foreign direct investment flows, which reflects investors’ firm confidence in the national economy and our attractive investment environment.
He said: “The UAE’s achievements were not limited to that, but it also ranked first in the West Asia region and the Middle East and North Africa region, as it accounted for 47.1% and 32.4% of foreign direct investment flows to these two regions, respectively. These numbers confirm “The UAE’s unparalleled attractiveness to investors and its pivotal role in driving growth and economic prosperity at the regional level.”
His Excellency added that these investment flows play a pivotal role in stimulating and activating new economic sectors, supporting the wheel of innovation, and enabling the UAE to advance towards a bright future characterized by flexibility and sustainability. This is what we wish not only for our beloved country, but also for all countries in the region and the entire world.
His Excellency said: “We must work hand in hand to harness the power of investments to achieve growth and prosperity for the people of the world and create shared value that transcends borders and works to improve the quality of life. Together we can overcome all current challenges, transform adversity into gifts, and emerge from them stronger than ever before.”

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