Issam Kazim

Dubai ranks first globally in FDI in cultural and creative industries: Dubai Culture and Arts Authority Chairperson, Her Highness Sheikha Latifa Bint Mohammed Bin Rashid Al Maktoum, emphasized Dubai’s ongoing efforts to remain a leading global hub for the creative economy. In the 2023 FDI Index, Dubai was ranked first among 115 cities for attracting foreign direct investment (FDI) into cultural and creative industries (CCI), surpassing cities like London, New York, and Singapore.The ranking is based on the Financial Times’ ‘fDi Markets’ report, which is a key source for Greenfield FDI project data. Dubai’s FDI Achievements in 2023: Dubai attracted 898 FDI projects in CCI, nearly double the previous year’s figure, with a total capital inflow of AED 11.8 billion (a 60% increase).These investments generated approximately 21,563 new jobs, a 74% increase from 2022. Dubai’s Attractive Investment Ecosystem: Sheikha Latifa credited Dubai’s success in attracting FDI to its advanced infrastructure and supportive legislative, legal, and digital frameworks. Dubai has created an ecosystem that draws global talent, fostering cultural diversity and intellectual cross-pollination. The emirate is seen as a land of opportunity for creatives and entrepreneurs, thanks to the vision of Sheikh Mohammed bin Rashid Al Maktoum - Vice President and Prime Minister of the UAE and Ruler of Dubai,, who aims to establish Dubai as a global capital for culture, creativity, and talent. More Info: https://lnkd.in/dDNW9i-b

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This week UN Tourism celebrates its 50th Regional Commission for the Middle East in Oman. The high-level meeting also includes an investment conference in which government officials and experts will analyze the investment opportunities of the sector in the Middle East. The region is becoming a trendy global destination: in 2023, the Middle East was the only world region to recover and even surpass the figures of pre-pandemic international tourist arrivals, and during the first quarter of 2024 it continues to lead international recovery. More information about global tourism data can be found in the latest edition of the UN Tourism - World Tourism Barometer published yesterday: https://lnkd.in/dig7q8tZ

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The “Future Aviation Forum 2024” conference kicks off in #Riyadh...and SAUDI AIRLINES announces the purchase of 105 Airbus #aircraft The Minister of Transport and Logistics and Chairman of the Board of Directors of the GACA - General Authority of Civil Aviation - Saudi Arabia, Engineer Saleh bin Nasser Al-Jasser, opened today, Monday, at the King Abdulaziz International Convention Center in Riyadh, the activities of the Future Aviation Forum 2024 conference, which is organized by the General Authority of Civil Aviation, over the course of 3 days. The conference is attended by more than 30 ministers, 77 leaders of civil #aviation authorities and heads of air carriers in the world, and 5,000 aviation industry experts and leaders from more than 120 countries. According to the Saudi Press Agency. The Minister of Transport and Logistics and Chairman of the Board of Directors of the General Authority of Civil Aviation explained, in the opening speech of the conference, that the Kingdom, under the leadership of the Custodian of the Two Holy Mosques and his Crown Prince, is witnessing a major and unprecedented renaissance in various fields, and promising #opportunities for investors from the local and international private sectors in the #aviation and #transportation sector. Aerial. For his part, Salvadore Chaquitano, President of the International Civil Aviation Organization (ICAO), emphasized in his speech the great role of the aviation and #airtransport sector in the world in supporting economic #growth and achieving sustainable development. For his part, the President of the General Authority of Civil Aviation, Abdulaziz bin Abdullah Al-Duailej, stressed, in the first sessions of the conference, the importance of this conference, which is the largest in the aviation and air transport sector in the world, reviewing in his speech the challenges and major #transformations that the aviation and air transport sector is witnessing in the world. The achievements and growth rates in passenger, #flight and #aircargo rates in the #Saudi #civilaviation sector, and the role of the aviation strategy in supporting sustainable growth. The activities of the first day of the conference witnessed SAUDI AIRLINES announcing one of the largest aircraft purchase deals in the world, as it revealed that it had purchased 105 #A320neo and #A321neo aircraft from #Airbus with the aim of expanding and modernizing its #fleet and enhancing air connectivity with countries around the world. The conference will witness a presentation of #investment #opportunities in the aviation sector in the #KSA, which is worth $100 billion. It is also expected to witness the signing of more than 70 #agreements and #deals with a total value of $12 billion, with the announcement of a number of agreements for major international companies over the course of the conference. Ibrahim AlOmar Ali Rajab Benoit de Saint-Exupery #airports #investment #saudiarabia #airlines #tourism #covid19

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🌍 UAE Shines on Global FDI Stage! The UAE has achieved an impressive 8th place on the AT Kearney Global FDI Confidence Index, highlighting its strong appeal to international investors. This ranking is a testament to the nation's investor-friendly policies, economic resilience, and thriving business environment. Congratulations to the UAE for its continued commitment to fostering global investment opportunities! #UAE #FDI #GlobalInvestment #EconomicGrowth #BusinessExcellence Read more

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