Economy

" AIM Investment 2024 " Organize a series of sessions "Startups and unicorns"

Abu Dhabi, 8 May / WAM / The AIM Investment Summit 2024, which was launched yesterday, at the Abu Dhabi National Exhibition Center “ADNEC”, witnessed a series of sessions within the theme of emerging companies and unicorn companies “that are valued at a billion dollars or more”, as these sessions were presented to the participants. Valuable insights that enhance the concept of innovation in the entrepreneurship environment.

The summit witnessed a remarkable attendance from elite entrepreneurs and prominent experts in the field of investment, in addition to young entrepreneurs to explore the latest technologies and modern trends in the business sector and strategies for sustainable growth.

Within the framework of the theme of startups and unicorns, the summit activities included dialogue sessions and presentations with the aim of charting the path to success for startups and unicorns within the rapidly developing business landscape.

A session entitled “Heading to the Future: 2024”, the year that will witness the revival of startups and unicorns, witnessed the presence of investment leaders around the world regarding the enormous potential of the Fourth Industrial Revolution, by reviewing modern technological trends and their effects on startups, the role of artificial intelligence in waste management, and the importance of solutions. Data-based, collaborative efforts that drive innovation in the UAE.

Maher Al Kaabi, Advisor to the Chairman of the Board of Directors of Al Serkal Group – an independent member of the Board of Directors, said: “The United Arab Emirates has proven its excellence in forming successful partnerships with international companies, with the aim of promoting and supporting local companies.”

A session entitled “The New Geographic Distribution of Startups: Spreading Digital Innovation in Africa and Elsewhere,” highlighted the boom witnessed by startups in Africa, and addressed the promising potential and untapped investment opportunities across the continent. Speakers stressed the importance of international cross-border cooperation and the adoption of increasing digital solutions.

They also stressed the need for strategic investments to drive inclusive growth. In this regard, Nael Hailemariam, CEO and co-founder of Chaba, said: “The situation that Africa is experiencing today is the same that China was experiencing 20 years ago, and we all know what China has reached now. Africa is now on its way to catching up with China.”

A session entitled “Women Entrepreneurs in Start-ups: Work-Life Balance” also reviewed the support and empowerment of women entrepreneurs and the distinguished achievements of women leaders in the start-up environment, in addition to inspiring success stories and implementable visions, which encourage women to pursue their dreams in entrepreneurship.

Within the framework of this session, Basma Abdullah Erekat, co-founder and director of operations at Cone Technologies, said: “You can face the difficult situations that you encounter at work every day with a victim mentality, but at the same time you can also deal with these situations with a spirit of heroism.”

The session, “Recruiting Appropriate Competencies and Creating a Sound Work Environment,” addressed the important aspects of talent acquisition and developing work environments, stressing the importance of diversity and inclusion and promoting a culture of innovation, while reviewing strategies for effective recruitment and retention of qualified employees, and creating cooperative work environments that contribute to achieving sustainable growth. .

The AIM Investment Summit plays an important role as a catalyst to enhance cooperation, drive innovation, and shape the main features of the future of entrepreneurship. This coincides with startups and unicorn companies constantly striving to develop new concepts for businesses and industries and find transformative solutions.

In this regard, Hammad Khan, founder of LYFE/X, said: “Companies should avoid using the term “human resources” when referring to their employees, and instead consider them valuable assets that contribute to strengthening and developing the company.”

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