Emirates Investors Council Plan Will Boost Overseas Investments
The plan of Emirates Investors Council is going to increase direct Emirati investments in foreign markets.
It will also support the national economy growth and strengthen its regional and global competitiveness.
Which will solidify the UAE’s position on the global investment map.
Plan Initiatives:
- Expanding Partnership Network:
The Council will work to strengthen cooperation with government and private entities in various countries, attracting further foreign investment to the UAE. - Supporting Emirati Companies:
The Council will provide support and advice to Emirati companies seeking to invest abroad, including offering information on markets and investment opportunities, and streamlining bureaucratic procedures.
- Promoting Innovation:
The Council will work to encourage innovation in investment fields, developing new products and services to attract investors. - Capacity Building:
The Council will focus on developing the skills of its members and staff to ensure they deliver the best services to investors.
Key Achievements of the Council:
- Established in 2009, becoming an active platform for supporting direct Emirati investments in the global economy since 2015.
- Signed 39 Memoranda of Understanding covering a diverse range of countries.
- Found solutions to challenges faced by Emirati investors.
- Currently boasts 22 members with a presence in 90 countries.
- The value of Emirati overseas investment assets is nearly $2.5 trillion as of Q1 2024.
Additional details about Emirates Investors Council plan:
The plan was announced during the Council’s 34th board meeting held at the Ministry of Economy in Dubai.
His Excellency Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Council, emphasized the UAE’s commitment to supporting the growth of Emirati companies and institutions operating in foreign markets.
His Excellency Engineer Mohammed Al Mansouri, Director of the Sheikh Zayed Housing Program, reviewed the efforts made by the UAE to reach an advanced and effective level of urban maturity and flexibility, which constituted an essential factor in confronting many contemporary… pic.twitter.com/3l4zi4mi4M
— UAE Voice (@uae_voiceeng) June 8, 2024
His Excellency Jamal bin Saif Al Jarwan, Secretary-General of the Council, commended the government’s wise directives that emphasize the role of Emirati overseas investments in driving economic growth.
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