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Annual Investment Meeting 2023 witnesses 23 MoUs

Annual Investment Meeting 2023 witnesses 23 MoUs
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Mubasher: The 12th edition of the Annual Investment Meeting (AIM) 2023 registered the signing of 23 memoranda of understanding (MoUs) on the sidelines of the event that took place in Abu Dhabi from 8 to 10 May this year.

The agreements included six tolerance and coexistence MoUs, under which the UAE penned deals with Kazakhstan, Armenia, the Island of Guinea and others, according to a press release.

Furthermore, the three-day event concluded on a positive note with MoUs signed between government entities, financial institutions, and private sector firms from different countries. Various fields and industries were covered, such as finance, healthcare, education, energy, and technology.

The MoUs have the objective of endorsing strategic partnerships and collaborations to drive investment and economic growth across different regions and sectors.

AIM 2023 attracted 10,313 visitors from 175 countries which engaged in 281 sessions featuring 693 speakers who shared their perspectives, insights, and experiences on investment trends, opportunities, and challenges. This year’s theme was The Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity, and Prosperity.

The UAE Minister of State for Foreign Trade, Thani bin Ahmed Al Zeyoudi, said: “At this year's AIM, we have seen first-hand the power of collaboration and innovation. From the engaging discussions and insightful presentations to the numerous business deals that have been made, this event has demonstrated the tremendous potential of international cooperation.”

Meanwhile, Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Department of Economic Development (ADDED), said: “The success of the Annual Investment Meeting 2023 reflects Abu Dhabi’s status as global hub for business, investment, and talent as well as the role it plays in setting agenda and leading conversations to address current and future challenges and opportunities.”

Among the leading exhibitors that participated in the event were Abu Dhabi Chamber, Abu Dhabi Global Market (ADGM), WeGo, Saud Bahwan, Emirates Development Bank, and Hong Kong Trade Development Council.

Chairman of AIM, Dawood Al Shezawi, said: “As we look ahead to the coming months and years, I am confident that the relationships and partnerships that have been forged here at the AIM will help to drive economic growth and create new opportunities for people around the world.”

Al Shezawi stressed on the importance of working together to find innovative solutions to the challenges and to build a more resilient, sustainable, and inclusive global economy.