UAE companies foreign investments exceed US$100 billion

The Highflyers Forum, hosted by the Ministry of Economy in order to highlight the successes of more than 130 successful UAE companies that have operations and investments abroad, was held at the Mina A’Salam Hotel in Jumeirah, Dubai, UAE, on 14th January, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and was opened by Sultan bin Saeed Al-Mansouri, UAE Minister of Economy.

The initiative by the Ministry of Economy is a platform to underline the experiences and expertise of UAE companies that have investments abroad. According to the United Nations Conference on Trade and Development (UNCTAD), the total cumulative value of such investments across the world, is Dh350 billion.

Majid Jafar, CEO of Crescent Petroleum and Vice-Chairman of the Crescent Group, gave the keynote address, entitled “Charting growth and prosperity: winning strategies to export UAE’s mastery in a morphing global economy”, in which he described how the major successes of UAE companies in foreign investment can be attributed to the open policy adopted by the UAE to the world, and the strong government support given for all UAE companies from the highest leadership of the UAE and all the relevant government ministries including the Foreign Ministry and the Ministry of Economy.

via UAE companies foreign investments exceed US$100 billionUAE – The Official Web Site – News.