The Minister of Economy, Abdulla Bin Touq Al Marri, took part in a panel discussion titled “Building New Economies: How to Foster Growth and Innovation” on May 21 and 22, 2024, in New York City, as part of the SALT iConnections Forum. This year’s theme was boosting innovation in the financial industry and new economic trends, specifically related to the industry, digital currencies, and how they might affect banking and investing, among other things.
Currently, the Minister of Economy is in the US on a working visit to investigate the possibility of new business collaborations between the UAE and the USA in several essential sectors. Bin Touq will visit and meet with essential officials and experts during the trip.
According to Bin Touq, the United Arab Emirates has emerged as a new centre for capital and premium investments in the economies of the future. The nation has successfully diversified its national economy through important programs like encouraging entrepreneurship, empowering innovation, knowledge, and technology, attracting talent, and supporting sustainability and green development. Furthermore, it maintains its position as a major hub for AI applications, renewable energy, FinTech, research and development, and the space economy by providing the infrastructure, incentives, and resources required to draw creative ideas and entrepreneurial projects.
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