Abu Dhabi: Investopia, the global investment platform, signed a Memorandum of Understanding (MoU) with the Confederation of Indian Industry (CII) as part of its efforts to establish new partnerships with leading local and global institutions and entities. The latest partnership will facilitate the exchange of expertise and knowledge and dialogue between business delegations, in addition to promoting promising investment opportunities in Indian-UAE markets across new economic sectors. Furthermore, under the terms of the agreement, the two parties will organize joint events and conferences to enhance communication at the private sector level, thereby strengthening economic and investment ties between the two countries.
The MoU was signed today by Badreya Al Maidoor, Assistant Undersecretary of Support Services Sector at the UAE Ministry of Economy; and Sanjiv Bajaj, President of CII, in New Delhi, in the presence of H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy, and Chairman of Investopia.
Badreya Al Maidoor said: “The signing of the MoU with the Confederation of Indian Industry reflects Investopia’s vision and confidence in the Indian market, as one of the most important global strategic markets teeming with promising investment and trade prospects. It builds on the global dialogue launched by the platform in India, the first outside of the UAE, which included two sessions in Mumbai and New Delhi in May 2022.”
“By joining hands with CII, we look forward to sharing experiences and knowledge and business delegations to promote investment opportunities in both Indian and UAE markets, across new economic sectors, especially circular economy, family businesses, renewable energy, tourism, technology, and innovation,” she added.
Through the partnership, CII will participate in the third edition of Investopia’s annual conference, which is set to be held in the UAE from 28 to 29 February, 2024.
The global investment platform, Investopia, was launched by the UAE government in September 2021. The 2023 edition of the event was held in the UAE capital Abu Dhabi last March, where it brought together more than 2,500 participants including decision makers, investors, experts, academics, and media from around the world. Over 1,000 overseas participants attended the conference to explore global investment opportunities under the theme “Envisioning opportunities in times of change”. The second edition also hosted 35 interactive sessions, more than 300 meetings and a roundtable featuring more than 100 speakers and saw the signing of 14 partnership agreements.
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