Annual Investment Meeting opens in Dubai
Dubai, April 9, 2014
Financial experts, investors, analysts and academics gathered under one roof to discuss a number of global at the fourth edition of the Annual Investment Meeting (AIM 2014) that opened in Dubai yesterday (April 8).
The event was inaugurated by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai at the Dubai International Convention and Exhibition Centre where it will run until April 10.
Day one was attended by representatives of official delegations from more than 110 countries. It focused on the latest trends in foreign direct investment (FDI) and its growth prospects in emerging markets and the importance of attracting foreign investment driven by a progressive mix of legislation and flexibility in emerging markets.
Participants in AIM 2014 had the opportunity on day one to hold meetings, make contacts and share expertise with peers from all over the world. A variety of sessions were held on the first day.
“AIM will focus in this edition on the investment partnerships in order to achieve sustainable growth in emerging markets. We realize that through these collaborative efforts, we can build a better world,” said Sultan bin Saeed Al Mansouri, UAE Minister of Economy, in his welcome speech.
“We are delighted on the large turn out to this event that attracted 110 official delegations along with many dignitaries from around the world representing variety of sectors.”
“According to many economic analysts, the global economic growth will reach 3.7 per cent during this year and will increase to 3.9 per cent in 2015,”Al Mansouri added.
The welcome address was followed by the launch of AIM Annual FDI Report that was presented by Angus Cushley, publishing director fDi Intelligence at Financial Times Ltd.
The annual flagship publication of the Annual Investment Meeting highlighted the general theme of AIM and revealed the latest trends in FDI and FDI flows globally and regionally in particular in frontier and emerging markets.
Special focus was placed on the competitiveness of fast growth markets and key opportunities and challenges they have to face in a fast-moving and unpredictable world.
In the day, a ministerial roundtable featured Ministers in charge of investment, foreign trade, foreign affairs, economy, finance and development, business leaders and heads of international institutions.
The focus of the session was on the overall theme of sharing views and lessons learnt as well as personal assessments on how to invest in growth and to find sustainable solutions to further the cause of development in times of political and economic uncertainties.
Dawood Al Shezawi, CEO, AIM’s Organizing Committee said: “This session examined new regulatory developments in inward and outward FDI regimes and international investment agreements (e.g., bilateral investment treaties), as well as a possible multilateral framework for investment, and implications of these developments for emerging markets.” – TradeArabia News Service