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A special ceremony and fireworks display will kick off tonight marking the opening of Expo 2020, a six-month fair that is expected to attract 1.8 million visitors.

The invite-only event will be broadcast live across more than 430 locations in the UAE, including shopping malls, hotels, airports and other landmarks, starting from 1930 GST.

Viewers from anywhere in the world can also join the opening ceremony through a global live stream, available on virtualexpo.world and Expo TV.

Expo 2020 will open its doors to the public on October 1, 2021 and will run until March 31, 2022. Some 30,000 visitors are expected to visit the site every month, making it the biggest in-person event since the start of the coronavirus pandemic last year.

Where to see the opening ceremony in UAE

Tonight’s ceremony can be viewed through the screens set up in more than 240 hotels, including Emaar’s Rove, Armani, Address Hotels & Resorts and Vida Hotels & Resorts, as well as Accor, Marriott, Hilton, IHG, Rotana, Jumeirah, Hyatt International and Atlantis The Palm.

At least 17 shopping malls operated by Majid Al Futtaim also have some screens set up to showcase the event, as well as City Walk, Nakheel Mall and Ibn Battuta Mall.

The streaming can also be viewed at 50 Jashanmal locations across Dubai and Abu Dhabi, 97 Mediclinics, Dubai and Abu Dhabi International Airports and Zabeel Ladies Club and Sharaf DG.

Viewings will likewise take place at various locations in Umm Al Quwain, Yas Plaza in Abu Dhabi and across various locations in Ras Al Khaimah, including the Corniche, Al Marjan Island and Manar Mall, Ajman Heritage District and Fujairah Fort.

On October 1, fireworks displays to celebrate the start of Expo 2020 are also scheduled to take place in some parts of Dubai, including Dubai Festival City, The Frame and The Pointe in Palm Jumeirah. The fireworks will kick off at 2020 GST.

source: zawya

The Golden Visa system offers long-term residency to people belonging to certain groups. Who is eligible and how does one apply?

In 2019, the United Arab Emirates (UAE) implemented a new system for long-term residence visas, thereby enabling foreigners to live, work and study in the UAE without the need of a national sponsor and with 100 per cent ownership of their business.

The 2019 amendment was brought about in a bid to attract new foreign residents, particularly to the emirate of Dubai, following the economic upheaval caused by the coronavirus pandemic.

So, what does the Golden Visa offer?
The Golden Visa system essentially offers long-term residency (5 and 10 years) to people belonging to the following groups: investors, entrepreneurs, individuals with outstanding talents the likes of researchers, medical professionals and those within the scientific and knowledge fields, and remarkable students.

The main benefit of the visa will be security as through the issuance of the Golden Visa, the UAE government has made it clear that they are committed to providing expatriates, investors and essentially everyone looking to make the UAE their home an extra reason to feel secure about their future.

How does one apply for the visa?
Interested individuals, who would like to apply for the Golden Visa, may do so through the website of the Federal Authority for Identity and Citizenship — ICA (the eChannel for residency and citizenship), or the General Directorate of Residency and Foreigners Affairs (GDRFA) which works under the ministry. While ICA offers only online channels, GDRFA offers both online and offline channels.

The process is quite straightforward with candidates required to submit the necessary documents and be willing to relocate to the UAE in accordance with their business venture.

For the 5-year visa, the norms are largely similar for investors with the only difference being the amount of investment required is set at AED 5 million.

Exceptional high school and university students are eligible for a 5-year residency visa in the UAE. High school students who rank top in the country (a minimum grade of 95 per cent) and students from certain universities with a GPA of 3.75 or higher upon graduation.

In addition to the aforementioned, foreign nationals who are looking to set up their business in the UAE may also apply for permanent residency (5 years) through the Golden Business Visa scheme.

What are the conditions for people with specialised talents?
People in the aforementioned specialised talent group must fulfil certain criteria to be eligible to apply for residency.

While scientists must be accredited by the Emirates Scientists Council or holders of the Mohammed Bin Rashid Medal for Scientific Excellence, creative individuals in culture and art must be accredited by the Ministry of Culture and Knowledge Development.

Besides these, exceptional talents must be documented by patents or scientific research published in a world-class journal.

Doctors and specialists must meet at least two of the following conditions: a PhD degree from one of the top 500 universities in the world, an award or certificates of appreciation in the field of the applicant’s work, contribution to a major scientific research in the respective field of work, published articles or scientific books in distinguished publications in the respective field of work, membership in an organisation related to the field, a PhD degree, in addition to 10 years of professional experience in his field or specialisation in areas of priority to the UAE.

What are the other programmes that have been introduced to bring in foreign residents?
The UAE has also approved an amendment to its residency laws allowing foreign university students to bring their families with them to the UAE, as long as they can afford suitable accommodation and have the financial means to support them.

In October 2020, Dubai also launched a unique residency programme which permitted overseas working professionals, who were working from home, to live in the UAE while continuing to serve their employers in their home country.

In September that year, the Dubai government also launched a five-year renewable Retirement Visa for foreigners aged 55 and over to live in the emirate. The programme, called Retire in Dubai, is open to all retirees as long as they earn a monthly income of at least $5,500, have savings of $275,000, or own a property in Dubai worth $550,000.

New attractions will be 'experiential' with a back to nature theme focusing on the UAE's highest peak, Jebel Jais

Ras Al Khaimah will invest $136 million in tourism that will see the development of more than 20 sustainable initiatives covering the emirate’s natural attributes, including Jebel Jais, the UAE’s highest mountain.

Ras Al Khaimah Tourism Development Authority (RAKTDA) in partnership with RAK Hospitality Holding and RAK Chamber of Commerce and Industry will be investing in the 20 new sustainable projects.

The main strategy of the projects focuses on the emirate's nature, leisure, adventure, accessibility and authenticity. All projects are purpose built with sustainability standards and processes, appealing to those seeking safe and expansive experiences in the new normal of travel, Raki Phillips, Chief Executive Officer of Ras Al Khaimah Tourism Development Authority said at the Arabian Travel Market 2021.

“This multi-million investment plan further demonstrates our resolve and commitment to tourism, despite the global challenges faced this past year that continue to shake our industry today. These projects also align with our vision and strategy moving forward with our new brand identity,” Phillips said.

The announcement was made alongside the tourism authority's unveiling of its new brand identity, which features a mountain motif.

Ras Al Khaimah is also strengthening its hospitality infrastructure through new hotels, such as the all-new Mövenpick Resort at the Al Marjan Island (418 rooms), which offers direct sea views. Guests can choose from large-sized family rooms, suites or 28 beachfront chalets with private pools and gardens.

The upcoming Hampton by Hilton at the Al Marja

n Island, comprising 515 rooms, will be the largest Hampton by Hilton globally and the first to offer an all-inclusive resort concept. Other new openings include Radisson Al Marjan Island with 388 rooms and InterContinental Mina Al Arab with 351 rooms. 

The success of RAK as a domestic destination has triggered more interest from investors, according to Phillips.

"As a Ras Al Khaimah government body, we are investing in the infrastructure and the attractions that are coming into the destination, such as the road that cuts down the travel time up and down Jebel Jais.  All the hotels that are coming on board are independent investment, so that shows the interest in the destination," he said.

The tourism authority's CEO also said that the emirate's tourism market declined 25 percent year-on-year in 2020, as opposed to 75 percent globally.

Ras Al Khaimah was the best performing market in the GCC based in REVPAR in 2020. The reason for our success is we are a nature driven destination, we are a great getaway. Domestically we fared quite well, we went from being a 30 percent domestic destination, to a 60 percent domestic destination," Phillips said.

source: zawya

The International Monetary Fund has revised its growth forecast upward for the Middle East and North Africa region, as countries recover from the coronavirus crisis that began in 2020.

Real GDP in the MENA region is now expected to grow 4% in 2021, up from the fund’s October projection of 3.2%.

However, the outlook will vary significantly across countries depending on factors such as vaccine rollouts, exposure to tourism and policies introduced, the IMF said in its latest regional economic report published on Sunday.

Jihad Azour, director of the IMF’s Middle East and Central Asia department, said the recovery would be “divergent between countries and uneven between different parts of the population.”

He told CNBC’s Hadley Gamble that the growth would be driven mainly by oil-exporting countries that will benefit from the acceleration of vaccination programs and the relative strength in oil prices.

Vaccines an ‘important variable’
Azour said each country’s capacity to recover in 2021 varies a “great deal.”

″(The) vaccine is an important variable this year, and the acceleration of vaccination could contribute to almost one additional percent of GDP in 2022,” he said.

Some countries in the region — such as the Gulf Cooperation Council states, Kazakhstan and Morocco — started their vaccinations early and should be able to inoculate a significant share of their population by end-2021, the IMF said.

Other nations including Afghanistan, Egypt, Iran, Iraq and Lebanon were classified as “slow inoculators” that will probably vaccinate a big portion of their residents by mid-2022.

The last group — the “late inoculators” — are not expected to achieve “full vaccination until 2023 at the earliest,” the report said.

It added that early inoculators are expected to reach 2019 GDP levels in 2022, but countries in the two slower categories will recover to pre-pandemic levels between 2022 and 2023.

Looking ahead
Azour said innovative policies helped to speed up the recovery, but it’s “very important to build forward better.”

That could include measures to improve the economy, attract investment, increase regional cooperation and address scars of the Covid crisis.

“All these elements are silver linings that can help accelerate the recovery and bring the economy of the region (to) the level of growth that existed prior to the Covid-19 shock,” he said.

source: cnbc

 

Dubai was among the top global FDI destinations in 2020, ranking first in the Middle East and North Africa (MENA) region and fourth globally in attracting greenfield FDI capital, according to the Financial Times’ fDI Markets. 

Data from the Dubai FDI Monitor released by the Dubai Investment Development Agency (Dubai FDI) revealed that FDI inflows worth AED24.7 billion ($6.73 billion) supported 455 projects in 2020 and an estimated 18,325 new jobs were created last year on the back of inbound FDI.

The 455 FDI projects implemented in Dubai in 2020 exceeded the annual average of 441 over the past five years, reaffirming Dubai’s strong FDI location fundamentals as well as its economic resilience.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, said: “Dubai’s sustained FDI flows and its leading position in regional and global rankings as a major FDI destination in 2020, reflect the continued attractiveness of Dubai’s investment environment and the confidence of the investor community in Dubai’s future economic potential.”

Dubai also achieved a record global market share in greenfield FDI projects, attracting 2.1 percent of all such projects in 2020, exceeding the 2 percent mark for the first time.

Global FDI "collapsed" in 2020, falling 42 percent from AED5.5 trillion in 2019 to an estimated AED3.15 trillion, according to the Global Investment Trends Monitor published in January 2021 by the UN Conference on Trade and Development (UNCTAD)

Dubai’s economy, which is heavily reliant on tourism, transportation and retail shopping, has been hit hard by the COVID-19. According to S&P Global Ratings, the emirate's economic recovery will be subdued, and its GDP will return to 2019-level only in 2023.

Dubai's real GDP contracted by 10.8 percent last year. The economy is expected to recover this year, thanks to Expo 2020, which the emirate delayed last year due to the pandemic and will now take place from October this year to March 2022, S&P noted.

According to the IHS Markit Purchasing Managers’ Index data for March 2021, firms in Dubai are confident of a rise in business activity for the rest of the year as the economy continued to recover from the COVID-19 pandemic.

“Dubai’s success in combating the COVID-19 pandemic and starting the recovery phase in record time is a testament to our commitment to provide the best investment environment in the world and transform global challenges into new opportunities for growth, driven by technology and innovation, and powered by Emirati and global talent, making Dubai the best place in the world to work, live, and invest,” Sheikh Hamdan said.

Fahad Al Gergawi, Chief Executive Officer, Dubai Investment Development Agency (Dubai FDI), said: “While we take pride in Dubai’s achievements as a leading FDI Global City of the Future 2021/2022, we also take inspiration from the hundreds of investors that choose to invest in Dubai to grow their future business sustainably, despite the unprecedented global challenges of 2020.”

Source countries, sectors

The US was the top source country, accounting for 21 percent of FDI capital and 22 percent of FDI projects.

France (16 percent), Japan (11 percent), the UK (7 percent), and Germany (6 percent) made up the rest of the top five source countries for FDI capital into Dubai in 2020.

The top five sectors with FDI flows, accounting for 69 percent of the total estimated FDI capital flows into Dubai in 2020, were Accommodation & Food Services (40 percent), Electric Power Generation (13 percent ), Other Information Services (8 percent), Healthcare & Social Assistance (4 percent), and Retail & Whole Trade (4 percent).

source: zawya

Dubai was among the top global FDI destinations in 2020, ranking first in the Middle East and North Africa (MENA) region and fourth globally in attracting greenfield FDI capital, according to the Financial Times’ fDI Markets. 

Data from the Dubai FDI Monitor released by the Dubai Investment Development Agency (Dubai FDI) revealed that FDI inflows worth AED24.7 billion ($6.73 billion) supported 455 projects in 2020 and an estimated 18,325 new jobs were created last year on the back of inbound FDI.

 

The 455 FDI projects implemented in Dubai in 2020 exceeded the annual average of 441 over the past five years, reaffirming Dubai’s strong FDI location fundamentals as well as its economic resilience.

The continued growth in the licensing movement of economic activities reflects the solid confidence of local and foreign investors in the national economy

A total of 9,913 new business activities licenses were issued across all the emirates of the country during the first week of 2021, according to the latest data from the National Economic Register (NER).

The continued growth in the licensing movement of economic activities reflects the solid confidence of local and foreign investors in the national economy, which has demonstrated a high ability to face challenges and turn them into opportunities, with the support of initiatives and stimulus packages launched by the federal and local governments to spur economic growth.

According to the NER's statistics, the project management services licenses lead the top economic activities positively affected by the economic incentives.

source: .zawya

 

United Arab Emirates (AP) — The United Arab Emirates has relaxed and removed a range of limits on foreign ownership of companies, state-run media reported Monday, in the country’s latest bid to boost its global status and attract foreign investors. The overhaul signals yet another startling change for the federation of seven desert sheikhdoms as it grapples with the economic fallout of the pandemic.

Earlier this month, the UAE announced a series of reforms to its Islamic legal code, allowing unmarried couples to cohabitate, improving protections for women and loosening restrictions on alcohol consumption.

The country's Islamic “personal” laws had at times flown in the face of the freewheeling image that the UAE, with its 8 million foreigners and just 1 million Emiratis, sought to project to the world.

The dramatic changes come as the UAE has spent billions of dollars preparing to host some 25 million visitors for the World Expo, which was pushed back to 2021 because of the pandemic. The emirates also expect Israelis to join the legions of foreigners who have opened up businesses and bought apartments in the coastal cities of Dubai and Abu Dhabi following a breakthrough U.S.-brokered normalization deal between the countries.

Dubai in particular, which was teetering on the brink of an economic downturn before the pandemic thanks to a weak real estate market, is eager for the influx of capital and travelers. COVID-19 has battered its economy, which draws largely from the tourism, hospitality and aviation industries.

The presidential decree that alters the corporate law helps the UAE “strengthen its leading position regionally and globally as an attractive destination for projects and companies,” state-run WAM news agency reported.

The reforms allow foreign entrepreneurs and investors to set up their own companies without involving local shareholders, the agency said. That's a welcome development for the country’s many expatriates who long had their ownership capped at 49% in firms outside free zones.

Other legal amendments remove quotas requiring that Emiratis hold the majority of board positions and serve as chairs for onshore companies. Companies that want to be publicly traded will be able to sell up to 70% of their shares instead of the current 30% limit.

The amendments will certainly diminish the appeal of 45 “free” zones across the UAE, where those wanting to avoid local-hiring quotas and retain full foreign ownership would set up shop.

The move deals a major blow to longstanding rentier benefits for Emirati citizens, many of whom made their livings as figurehead company partners. Still, no one expects public resistance from locals.

Some 80% of Emiratis work in the public sector and receive generous salaries and subsidies. They closely hew the government line in the hereditarily ruled sheikdom. Political parties and labor unions remain illegal.

State-linked newspaper The National reported the decree in further detail, saying the foreign ownership amendments would take effect within six months. Companies could take an entire year to start complying with the changes, it added.

source: usnews

The authority said the violators of residency laws can avail of exemption from all fines and other administrative restrictions

The Federal Authority of Identity and Citizenship (ICA) on Thursday explained procedures of benefitting from the grace period granted to the visa violators.

In a tweet on its official account, the authority said the violators of residency laws can avail of exemption from all fines and other administrative restrictions.

This is applicable only to the violations occurred before March 1 and the last date of exemption is December 31.

Residence visa violators should book an air ticket with a departure date before December 31 and arrive at the airport with the ticket and passport four hours before the departure time.

Visit visa holders with their visas expired before March 1, who travel out of Abu Dhabi, Sharjah and Ras Al Khaimah airports, should reach the airport at least six hours before the departure time to avail of the amnesty programme.

Those who travel through Dubai and Al Maktoum airports will have to report at the Dubai Civil Aviaion Security Centre 48 hours before the departure time.

The authority also said that the violators who have dependants under their sponsorship should depart with their dependants.

source: zawya

 

The Islamic Development Bank (IsDB) Group hosted a webinar on the impact of the COVID-19 pandemic on the global investment outlook, which was organized in collaboration between the United Nations Conference on Trade and Development (UNCTAD) and the Country Strategy and Cooperation (CSC) Department, IsDB on 17th November 2020 to discuss the impact of COVID-19 on FDI and trade in OIC member countries.

The main objective of the webinar is to present the key findings of the World Investment Report 2020 - International Production Beyond the Pandemic with a highlight on FDI trends in foreign direct investment (FDI) worldwide, at the regional and country levels and emerging measures to improve its contribution to development.

In addition to presenting IsDB Group Strategy during COVID-19 and its impact on OIC Member Countries and Investment Promotion Agencies (IPAs).

The Webinar also proposed adopting policies and strategies to revive investment and trade in member states to advance investment promotion activities, in order to support the IsDB Group efforts to assist Investment Promotion Agencies (IPAs) in member countries by assisting them in devising appropriate investment and trade policy responses to the ongoing pandemic

Mr. Oussama Kaissi, CEO of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), stated that “the COVID-19 pandemic has created a devastating global health crisis. According to UNCTAD’s 2020 World Investment Report, global flows of foreign direct investment (FDI) will be under acute pressure this year as a direct result of the pandemic.

In order to combat these implications in member countries, IsDB and its group members have implemented a number of initiatives to maintain trade and investment flows. ICIEC will be an important part of the long-term recovery, supporting the growing demand for risk mitigation solutions”.

Mr. James Zhan, Director, Investment & Enterprise Division, UNCTAD, made a presentation which highlighted the key findings and policy recommendations found in its World Investment Report 2020: International Production Beyond the Pandemic.

Mr. Amadou Diallo, the Acting Director-General, Global Practices at the Islamic Development Bank in his speech stated that during COVID-19, the Bank provided technical assistance programs for the Islamic Development Bank Group such as RCI and ITAP to support the Member Countries by assisting them in developing suitable plans for investment and trade policy to confront the ongoing Corona pandemic.

This is in the framework of a tripartite approach centered around the "response, recovery and rebuilding" pillars.

Mr. Mohammed Bukhari, Senior Investment Promotion & Regional Cooperation Specialist, CSC Dept., IsDB delivered a presentation on the impact of COVID-19 on MCs, particularly in foreign direct investment (FDI), domestic investment and investment promotion agencies (IPAs).

It is noteworthy that the private sector institutions of the Islamic Development Bank Group played an important role during COVID-19, as Mr. Asheque Moyeed, Division Head, Infrastructure & Corporate Finance, the Islamic Corporation for the Development of the Private Sector (ICD) made a presentation which focused on the efforts related to promoting investment in member countries, where the IsDB Group private sector institutions pledged with IsDB to provide $ 700 million to stimulate investment, finance trade, investment insurance and export credit in member countries.

Two D-8 Egypt and Turkey are going to utilize around $270 million of this package.

The webinar brought together over 500+ participants from 113 countries, including government officials, Presidents & CEOs of local/international private sector companies, multilateral and financial institutions, individual investors, entrepreneurs, chambers of commerce & Industry, business associations, and investment promotion agencies

استضافت مجموعة البنك الإسلامي للتنمية ندوة عبر الإنترنت بشأن تأثير جائحة كورونا على آفاق الاستثمار العالمي والتي نظمتها مجموعة البنك الإسلامي للتنمية بالتعاون بين مؤتمر الأمم المتحدة للتجارة والتنمية (الأونكتاد) وإدارة الاستراتيجية القطرية والتعاون بالبنك الإسلامي للتنمية في 17 نوفمبر 2020م وذلك لمناقشة تأثير جائحة فايروس كورونا المستجد (COVID - 19) على الاستثمار المباشر والتجارة في الدول الأعضاء لمنظمة التعاون الإسلامي.

بدأت الندوة بالترحيب بالمنظمين والمشاركين في الندوة، حيث تم تسليط الضوء على مواجهة الانخفاض الهائل في نقص الاستثمار الأجنبي المباشر الناجم عن COVID-19، والذي يُمثل تحديًا كبيرًا للخطط الإنمائية للدول النامية. وأيضاً تم التركيز على كيفية هبوط تدفقات القطاع الخاص الدولي مما أعطى أهمية للندوة في تقييم انعكاسات التغيرات المتوقعة في المشهد الاستثماري خلال السنوات القادمة. واقترحت الندوة أيضاً تبني سياسات واستراتيجيات لإحياء الاستثمار والتجارة في الدول الأعضاء للنهوض بأنشطة ترويج الاستثمار، وذلك من أجل دعم جهود مجموعة البنك لمساعدة وكالات ترويج الاستثمار (IPAs) في الدول الأعضاء في كيفية التعامل مع تحديات تشجيع الاستثمار فيما يتعلق بأزمة COVID-19.

ذكر الأستاذ/ أسامة عبد الرحمن القيسي، الرئيس التنفيذي للمؤسسة الإسلامية لتأمين الإستثمار وإئتمان الصادرات (ICIEC) في مستهل حديثه أن المخاطر المرتبطة بالتجارة والاستثمار قد تفاقمت بسبب جائحة COVID-19. وأنه وفقًا لتقرير الاستثمار العالمي لعام 2020 الصادر عن الأونكتاد، تتعرض التدفقات العالمية للاستثمار الأجنبي المباشر (FDI) لضغوط شديدة هذا العام كنتيجة مباشرة للوباء. وأفاد بأن مجموعة البنك الإسلامي للتنمية قد قامت بتنفيذ عدد من المبادرات للحفاظ على تدفقات التجارة والاستثمار من أجل مكافحة هذه الآثار في الدول الأعضاء. وشدد خلال حديثه على الدور الفاعل الذي تقوم به المؤسسة الإسلامية لتأمين الاستثمار وائتمان الصادرات لدعم الطلب المتزايد من قبل الدول الأعضاء على حلول الـتأمين والإئتمان لتحقيق التعافي على المدى الطويل الأجل.

قام أيضاً الأستاذ / جيمس زان، مدير شعبة قطاع الاستثمار والمشاريع بمؤتمر الأمم المتحدة للتجارة والتنمية )الأونكتاد( بعمل عرض تقديمي مميز حيث سلطت الضوء على النتائج الرئيسية وتوصيات السياسة العامة الواردة في تقرير الاستثمار العالمي لعام 2020م "الإنتاج الدولي بعد الوباء".

وفي كلمته التي تضمنت إستراتيجية مجموعة البنك الإسلامي للتنمية، ذكر الأستاذ/ أمادو ديالو، المدير العام بالإنابة لإدارة الممارسات العالمية بالبنك الإسلامي للتنمية، أنه خلال COVID-19، قامت مجموعة البنك بتقديم برامج المساعدة الفنية الخاصة بمجموعة بالبنك الإسلامي للتنمية مثل RCI وITAP في دعم الدول الأعضاء من خلال مساعدتها في وضع خطط مناسبة للسياسة الاستثمارية والتجارية لمواجهة جائحة كورونا المستمرة. وذلك في إطار نهج ثلاثي يتمحور حول ركائز "الاستجابة والاستعادة وإعادة البناء".

وقدم الأستاذ/ محمد بخاري، خبير ترويج الاستثمار والتعاون الإقليمي بالبنك الإسلامي للتنمية ، عرضًا تقديميًا حول تأثير جائحة كورونا على الدول الأعضاء ، لا سيما في الاستثمار الأجنبي المباشر (FDI) ، والاستثمار المحلي ووكالات ترويج الاستثمار (IPAs).

والجدير بالذكر أن مؤسسات القطاع الخاص بمجموعة البنك الإسلامي للتنمية قد لعبت دورًا مهمًا خلال COVID-19 ، حيث قام الأستاذ/ محمد عاشق مؤيد، رئيس شعبة البنية التحتية والتمويل المؤسسي بالمؤسسة الإسلامية لتنمية القطاع الخاص (ICD) بتقديم عرض خلال هذه الفعالية ألقت من خلاله الضوء على الجهود المتعلقة بتعزيز الاستثمار والتجارة في الدول الأعضاء، حيث تعهدت مؤسسات القطاع الخاص بمجموعة البنك بتقديم 700 مليون دولار لتحفيز الاستثمار وتمويل التجارة وتأمين الاستثمار وائتمان الصادرات في الدول الأعضاء.

حضر الندوة عبر الإنترنت أكثر من 500 مشارك من 113 دولة من المسؤولين الحكوميين، والرؤساء والمدراء التنفيذيين لشركات القطاع الخاص المحلية والدولية، والمؤسسات المالية الدولية، والمستثمرين الأفراد ورجال الأعمال، وغرف التجارة والصناعة، ووكالات تشجيع الاستثمار، وحُظي الملتقى بتغطية إعلامية مميزة محلية وإقليمية ودولية.

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