AIM opens in Dubai to explore the latest trends in FDI

MOE and AIM logo-01 (1)Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai and in the presence of HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, the Annual Investment Meeting (AIM) 2019 opened yesterday.

The 9th edition of the world’s biggest platform for foreign direct investment (FDI) will run until April 10 in Dubai under the theme ‘Mapping the Future of FDI: Enriching World Economies through Digital Globalisation’. The event also witnessed the presence of four presidents, one Deputy president and 40 ministers including H.E. Evo Morales, President, Plurinational State of Bolivia; H.E Muhammadu Buhari, President, Federal Republic of Nigeria; H.E Rustam Minnikhanov, President of Tatarstan, Russian Federation; H.E. Ramzan Kadyrov, Head of Chechen Republic, Russian Federation and H.E. Huchiev Muslim, Deputy Chairman of Chechen Republic, Russian Federation.

In his opening speech, His Excellency Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Cabinet Member and Minister of Infrastructure Development said, “We are delighted to welcome all of you to the opening ceremony of the ninth edition of the Annual Investment Meeting. The forum, organized by the Ministry of Economy, has become a prominent event on the regional and international arenas as one of the largest investment gatherings in the world. We are honored by the wide global participation in this year’s edition, which includes delegations from more than 140 countries from around the world, who have gathered here to jointly explore the latest trends in foreign direct investment.”

“At the national level, the UAE continues to rank first in the region in terms of FDI inflows, which in 2018 amounted to USD 10.4 billion according to the Central Bank of UAE estimates. For the past six consecutive years, the UAE has been leading the Arab countries in the Ease of Doing Business Index,” added His Excellency Dr. Abdullah bin Mohammed Belhaif Al Nuaimi.