Latest news with #AIMCongress
Daily News Egypt
02-07-2025
- Business
- Daily News Egypt
Green investment, digital economy are key for BRICS cooperation, says expert
Green investment, the digital economy, and logistics are key areas for further cooperation among the BRICS and BRICS+ states, the director general of the Annual Investment Meeting (AIM Congress) said. In an exclusive interview at the St. Petersburg International Economic Forum (SPIEF), Walid Farghal said the economic and investment potential of the BRICS and BRICS+ frameworks lies in their scale and shared ambition to shape a new global economic order. 'The BRICS and the BRICS+ represent a global segment in economy. Through their combined population – more than 3 billion people – they surpassed their presence as emerging countries to be a group contributing to the global economy and having their own power in terms of economic impact on their populations as well as for neighbouring countries and for all member countries of BRICS,' he said at the TV BRICS studio in the Roscongress International Cooperation Area. Farghal identified several areas with high potential for further collaboration. 'The areas of cooperation of the BRICS and the BRICS+ countries can be in the green investment, environmental investment, and the climate change. It can be also in the digital economy, the FinTech solutions, logistics, and the transport.' He noted that development in these sectors would be mutually beneficial for the group's members. 'It plays a key role in all the BRICS countries to contribute to each other through their own resources, their own manufacturing requirements,' Farghal stated. The Director General of AIM Congress also stressed the importance of inclusive growth and support for small and medium-sized businesses. He concluded by calling for a joint effort from governments to reduce barriers to trade and investment. 'It is very important to develop easy policies from all the governments of BRICS, which will facilitate more investment and trade flows in these countries.'
See - Sada Elbalad
23-06-2025
- Business
- See - Sada Elbalad
Expert names key areas for further cooperation among BRICS and BRICS+ states
H-Tayea The economic and investment potential of the BRICS and BRICS+ frameworks lies in their scale, diversity, and shared ambition to shape a new global economic order. This was stated by Walid Farghal, Director General of the Annual Investment Meeting (AIM Congress), in an exclusive interview at the TV BRICS studio in the Roscongress International Cooperation Area at St. Petersburg International Economic Forum (SPIEF) 2025. 'The BRICS and the BRICS+ represent a global segment in economy. Through their combined population – more than 3 billion people – they surpassed their presence as emerging countries to be a group contributing to the global economy and having their own power in terms of economic impact on their populations as well as for neighbouring countries and for all member countries of BRICS,' he said. Farghal emphasised several areas of high potential for further collaboration: 'The areas of cooperation of the BRICS and the BRICS+ countries can be in the green investment, environmental investment, and the climate change. It can be also in the digital economy, the FinTech solutions, logistics, and the transport.' He noted that development in these sectors would be mutually beneficial: 'It plays a key role in all the BRICS countries to contribute to each other through their own resources, their own manufacturing requirements.' The Director General of AIM Congress also stressed the importance of inclusive growth and support for small and medium-sized businesses. He concluded by calling for a joint effort to reduce barriers to trade and investment: 'It is very important to develop easy policies from all the governments of BRICS, which will facilitate more investment and trade flows in these countries.' Text copied from read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
Morocco World
12-04-2025
- Business
- Morocco World
AMDIE Leads Economic Dialogue on Morocco-UAE Collaboration
Rabat – The Moroccan Agency for Investment, Development, and Export (AMDIE) has organized an event focusing on the strategic partnership between Morocco and the United Arab Emirates (UAE). Organized on the sidelines of the 14th edition of AIM Congress on investment, the event was held under the theme 'From Vision to Action: Morocco & UAE Shaping a Bright Future Together.' The meeting brought together key economic figures from both countries, representing both public and private sectors, as well as members of the Moroccan diaspora in the Gulf region. This event is part of Morocco's national strategy to develop private investment and diversify economic partnerships, said AMDIE in a statement. The goal is to position Morocco as a regional hub for investment and export, with focus on both Africa and the Euro-Mediterranean area.- The event focused on essential reforms, high-potential sectors, and tangible projects that could pave the way for mutually beneficial partnerships, added the statement. AMDIE event on Morocco UAE Investment It saw the participation of key figures, including Morocco's ambassador to the UAE, the Minister Delegate to the Head of Government in charge of Investment, Convergence, and Public Policy Evaluation, the Director General of AMDIE, and the Director General of the Deposit and Management Fund (CDG). Also present at the meeting was the President of the General Confederation of Moroccan Enterprises (CGEM), the Director of the Casablanca Stock Exchange, and the Director of Business Development and African Cooperation at Casablanca Finance City (CFC). 'This strong participation confirms the strategic importance that Morocco places on its economic relations with the United Arab Emirates, a key partner in the region and a preferred ally in building a shared future based on mutual prosperity,' concluded the statement.
Al Etihad
12-04-2025
- Business
- Al Etihad
Tajikistan seeks UAE investments in hydropower, mining, tourism
12 Apr 2025 14:39 SARA ALZAABI (ABU DHABI) With much of its investment potential still untapped, Tajikistan offers the UAE several opportunities across sectors, from renewable energy and mining to tourism and agriculture, a top official from the Central Asian country told Aletihad . 'Tajikistan is a developing country, and as an emerging economy, we need significant investment for our socio-economic development,' said Sulton Rahimzoda, Chairman of the State Committee on Investments and State Property Management of the Republic of Tajikistan. The country participated in the recently concluded AIM Congress, aiming to establish new networks and partnerships while presenting investment opportunities. With its huge hydropower potential Tajikistan rankes 8th in the world. Ninety-eight percent of its electricity comes from this renewable source — yet 95 per cent of its potential remains it comes to utilising clean energy, it is sixth globally, Rahimzoda said. With more than 300 sunny days in a year, the country plans to build 1,500MW solar and wind developments in nearest 2-3 strong green credentials are a distinguishing competitive advantage for investors, the senior official renewable hydropower generation accounts for 98 percent of Tajikistan's electricity, companies operating there can claim their products qualify under that green label, thereby attaining global mining, Tajikistan ranks third after China and Russia in producing antimony and possesses the largest silver deposit in the world, Koni Mansuri Kalon (80,000 tonnes), the official said. Out of the 800 identified deposits, only 100 are in use. The country is already producing green-certified aluminium and copper and has 10 of the 12 most needed critical raw minerals to facilitate the green with untapped solar, wind, and hydropower potential, as well as opportunities in organic agriculture, tourism, and digitalisation — all supported by clean energy — Tajikistan could be considered one of the most attractive investment destinations for sustainability. Tourism infrastructure is underdeveloped, thus offering significant investment opportunities. Tajikistan is exerting efforts to go digital, too. It launched an innovation agency in 2024 and plans to roll out e-services and smart cities. Other promising sectors include healthcare, education, finance, and transport. Incentives for Investors Those investing in the country are entitled to a range of benefits, Rahimzoda said.'The government currently offers 240 incentives, including 110 tax and customs exemptions. We also provide investment agreements ratified by the parliament, which offer higher guarantees than even national legislation,' he said. "There are five free economic zones in Tajikistan. Investors operating within these zones are exempted from all taxes except social tax. These are strong incentives, tailored depending on the investment type and volume,' he added. Notable UAE Projects The UAE is Tajikistan's seventh-largest investment partner, 'with about $700 million in total investment — although only $75 million is FDI', Rahimzoda the notable projects is an $11-million agreement with Sipar Group, he said. 'We are also working with Abu Dhabi Ports to bring them into our market.'Currently, 16 UAE companies operated in Tajikistan and more are welcome to join the country's economic journey, Rahimzoda said. 'Banks are key to building trust and making it easier for UAE investors to do business. If a UAE bank opens a branch in Tajikistan, investors will feel more confident and supported. We are very open to UAE banks establishing a presence here.' Environment ChampionTajikistan has long championed water and climate issues on the global stage, and this year, it is hosting the International Conference on Glaciers' be held on May 29–31 in collaboration with the UN, the high-profile event aims to raise awareness about rapidly melting glaciers and push for concrete action to mitigate climate change. With the UAE as host country of COP-28 and Tajikistan as co-leader of the water agenda at COP28, Tajikistan hopes that arrangements will be made for an Emirati delegation to be part of the conference in Dushanbe. 'We hope the UAE becomes one of Tajikistan's key partners in trade, investment, and tackling global issues like water and climate. We are ready to cooperate and invite our UAE colleagues to join us in shaping a better future,' Rahimzoda said.
Al Etihad
11-04-2025
- Business
- Al Etihad
AIM Congress 2025 concludes in Abu Dhabi
11 Apr 2025 15:21 ABU DHABI (WAM) The 14th edition of AIM Congress concluded successfully at the Abu Dhabi National Exhibition Centre (ADNEC), following three days of specialised discussions, strategic ministerial meetings, high-profile global forums, exhibitions, and networking under the theme "Mapping the Future of Global Investment: The New Wave of a Globalised Investment Landscape - Towards a New Balanced World Structure," the event served as a powerful platform for uniting global leaders, policymakers, and investors to address pressing economic challenges and explore sustainable, forward-looking by Ministry of Economy, Ministry of Industry and Advanced Technology, and the Ministry of Investment, this year's AIM Congress saw an exceptional turnout from heads of state, ministers, central bank governors, and mayors, alongside representatives from international organisations, financial institutions, and the private event was attended by 15,831 distinguished participants from 181 countries, including 207 high-level government officials, among them 9 heads of state and 74 ministers.A total of 1,385 speakers contributed to 431 panel discussions and 11 workshops, alongside the presence of 435 media event also featured 588 exhibitors and hosted 12,341 B2B, G2B and G2G meetings, emphasising its role as a major platform for networking and business programme also featured 13 roundtable meetings and 34 side forums. Additionally, 47 MoUs were signed, reflecting the event's role as a catalyst for strategic global collaboration and investment Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and President of AIM Congress, praised the congress's outcomes, describing them as milestones in the platform's journey. He emphasised that the unprecedented participation of global leaders and decision-makers reflects the UAE's expanding role as a global hub for economic dialogue and Al Zeyoudi also highlighted that the congress's success coincides with the UAE's record-breaking achievements in foreign trade, a testament to the country's economic resilience and progressive trade policies. "AIM Congress is not only a platform for communication, but an effective tool for steering the course of global economic development toward a more sustainable and prosperous future.", he Al Shezawi, President of AIM Global Foundation, emphasised that achieving success in organising such a globally inclusive edition in Abu Dhabi reinforces the UAE's reputation as a pivotal meeting point for shaping the future of the global high-level Ministerial Session on International Trade discussed the role of open trade policies and international trade agreements in shaping the future of open markets, regional cooperation, and sustainable economic by Soraya Gargash, Principal Researcher at the UAE Ministry of Economy, the panel engaged in a robust dialogue on how open trade policies and international trade agreements can drive prosperity, foster stability, and serve as a tool for innovation and inclusion.H.E. Nougi Acosta Jaen, Minister of Finance of Costa Rica, emphasised collaboration over fragmentation. "Trade must be built on shared standards and regulatory harmonisation," he noted. He emphasised that real development stems from transparency, coordination, and mutual respect among McClay, New Zealand's Minister for Trade and Investment, brought a human-centred perspective to trade policy. "Trade is about people—farmers, workers, small businesses," he said. He cited New Zealand's partnership with Mexico as a model of mutually beneficial trade, noting that trade agreements are not merely legal instruments, but bridges that "create value, culture, and connection."Laura Gonzalez Hernandez, Minister of Economic Development for the State of Mexico, presented Mexico as a prime example of how strategic policy and diversified trade can drive innovation. "Mexico is not only a country of potential—we are a country of action," she said. By leveraging trade agreements and investing across sectors from agriculture to life sciences, Mexico is building an inclusive, opportunity-driven economy anchored in innovation and geographic Al Qatarneh, Secretary-General of the Ministry of Investment of Jordan, emphasised the transformative potential of investment and trade operations. "Investment is not just a financial mechanism; it's about job creation, economic diversification, and empowering youth and women."Wamkele Mene, Secretary-General of the African Continental Free Trade Area (AfCFTA), addressed the vulnerabilities in global supply chains and the urgency of diversification. "Predictability is the cornerstone of investor confidence," he stated. Mene stressed that Africa's trade future lies in intra-continental collaboration, regulatory harmonisation, and industrial Congress 2025 also unveiled the winners of its Startup Pitch Competition, featuring high-potential ventures from around the world across Seed and Series A categories. Participants competed for investments, sponsorships, and acceleration opportunities in a highly dynamic showcase of innovation and entrepreneurial excellence. The top startups were recognised for their creativity, impact, and potential to scale. Winners in the Seed Startup Pitch Competition:Winner: Neurabody (South Korea) – William Choi.1st Runner-Up: Viride GmbH (Germany) – Stefan Schmid.2nd Runner-Up: SAVE ME (UAE) – Zaynab Elhaj.3rd Runner-Up (shared): Sorise Tech (UAE) – Mohammad Farhan Kalim.3rd Runner-Up (shared): Startup Chaupal India (India) – Sumit in the Series A Startup Pitch Competition:Winner: Coffee Cherry Beverage Co. LLC (Jordan) – Ramzi Marji.1st Runner-Up: Zinit Tech (UAE) – Ilia Shkabara.2nd Runner-Up: Carbelim Middle East Environmental (UAE) – Franklin Francis.3rd Runner-Up: Wedonet (Iraq) – Ranja Ali.3rd Runner-Up (shared): Carbelim Middle East Environmental (UAE) – Franklin The AI Champion Awards at AIM Congress 2025 honoured top innovators advancing AI-driven solutions across diverse sectors-1. AI in Finance - Alexander Ionov – Head of the Department of Artificial Intelligence Development, Bank Tochka (Russia).2. AI in Project and Process Management - Fedorenko Mikhail - senior partner AI-Lazarus (Russia).3. AI in Governance - Ilya Dushin - CEO Combox (UAE).4. AI in Media&Entertainment - Anton Bogatushin – CEO AI BOG (Russia).5. AI in E-Commerce - Vitaliy Klimov – CPO 24AI at Tochka Bank (Russia).6. AI in Medicine - Andrey Povarenkin – CCO "AI Opinion" (UAE).7. AI in Infrastructure - Abdulla Baghoum – Head of Technology Operations department, DU company (UAE). 8. AI in Commodities Trading - Mostafa Belkhayate – Springbox AI (UAE).
