Preparations for the ‘Dubai Investment Forum', a consolidated platform whose aim is to entice investors and commensurate region’s development with the trends of globalisation, is set to begin soon in Dubai, UAE.

This follows an instruction from HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and chairman of the Executive Council.

The “Dubai Investment Week” will be held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum from October 15 to 19, at the Godolphin Ballroom, Emirates Towers Hotel, Dubai.

The preparations for the ‘Dubai Investment Forum' and its main topics within the framework of the ‘Dubai Investment Week’ programme, will be set in motion.

The event aims to provide the investor community with a comprehensive view of the growth opportunities, partnerships, innovation and the future of investment in all vital sectors that support the objectives of the UAE National Agenda 2021 and the Dubai 2021 Plan, said a statement.

HH Sheikh Hamdan praised the role of Dubai Investment Forum, which is organised by Dubai Investment Development Agency (Dubai FDI), an agency of Dubai Economy, and its contribution to enhancing the understanding of investors about the main pillars of growth in Dubai and the region, and the new growth cycle in the emirate by identifying investment opportunities, and highlighting the prospects for expansion and growth to regional and global markets.

HH Sheikh Hamdan added that the work on the third cycle and the launch of the ‘Dubai Investment Week’ programme follow a careful review of the current and future investment issues and trends to strengthen partnership with the UAE and global investors.

The Crown Prince directed the launch of the "Dubai Investment Week" as an annual programme to consolidate partnership with the local and international investment community and spread awareness of growth and innovation opportunities in Dubai.

Sheikh Hamdan confirmed that the UAE under the leadership of HH Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, and directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and follow-up of HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has taken a clear approach in supporting investment and establishing a diversified and resilient economy to drive growth.

This is the approach that the Founding Fathers have taken and its success is evident the economic diversification model that has paved the way for further economic growth and enhancing investor confidence.

Sheikh Hamdan directed to continue working on enhancing the business readiness of Dubai, its attractiveness to receive sustainable foreign investments and the public-private partnerships in all fields. He said that the sustainability of FDI flows in recent years, despite global economic volatilities, is a clear demonstration of the confidence of the investor community in the plans and initiatives of the Government of Dubai and the vital role played by the emirate as a major hub in the global economy.

Dubai attracted Dh25.5 billion ($6.9 billion) in foreign direct investment in 2016 and succeeded in maintaining its position among the top 10 global cities in attracting foreign investment, ranking seventh worldwide.

Dubai also attracted 247 new investment projects, which contributed to reaffirming its position as a preferred international investment destination, and stood third in new investment initiatives in 2016, led by its efficient infrastructure in various economic sectors.

The programme includes several discussion forums that highlight important topics and global and economic trends that concern policy makers and investors.

The programme provides participants the opportunity to learn about the advantages of Dubai as a preferred global destination for investment, mechanisms and opportunities for partnership between the public and private sectors, as well as the latest developments in investment opportunities in the strategic and emerging economic sectors in the region and the world.

The programme also includes a forum dedicated to sustainable investment to promote regional and international integration initiatives to facilitate FDI flows in sustainable development projects, as well as a "future policies dialogue" to identify investors' perceptions of the future and to develop proactive policies and actions in many areas.

Leaders in the government sector, international and regional companies and representatives of banks and investment funds, as well as official delegations, experts and specialists from international institutions and expert houses will participate in the Dubai Investment Week.

The event programme will host a group of prominent speakers in direct dialogue sessions, specialised workshops, closed meetings and field visits. The event is open to invitees only to strengthen the cooperation of participants from the investor community, it stated. – TradeArabia News Service