The UAE: Attracting Western Investors with its Central Location, Diverse Economy and AI Ambitions

Abdulla bin Touq al Marri, UAE Economy Minister, Appeals to Western Investors

Abdulla bin Touq al Marri, a representative from the United Arab Emirates (UAE), recently spoke about the country’s efforts to attract Western investors. He emphasized the UAE’s openness, stability, and visionary leadership as key factors that set it apart from other countries in the region. Despite being geopolitically in the eye of the storm, he believes that the UAE can remain stable for another 200 years due to its long-standing history of stability.

What sets the UAE apart from other countries is its central location in the world, with easy access to different time zones. This central location makes it an ideal place for businesses looking to redesign and reengineer global supply chains. The UAE has already established itself as a major player in this field and is expected to continue doing so in the future.

In recent times, there has been a shift in expectations when it comes to Gulf investments. While financial returns are still important, there is also an increasing demand for investments within the country. Abdulla bin Touq al Marri acknowledges this change and states that while investments should provide a return, they also aim to diversify the economy away from reliance on oil and gas.

Another goal for the Emirates is to establish itself as a global hub for artificial intelligence (AI). With its unique language advantage, the UAE hopes to break down language barriers in AI development and distinguish itself in this field. By doing so, it aims to take its place at the forefront of technological advancements and contribute positively to society as a whole.

Overall, Abdulla bin Touq al Marri believes that by focusing on these goals and continuing with their openness, stability, and visionary leadership, the UAE can attract Western investors and position itself as a valuable partner in both business and technology development.

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