SHARJAH, --- The Sharjah FDI Forum 2016, scheduled on 28th September, will bring together an elite group of experts and economists to highlight key investment trends in the region, foreign direct investment and the global economy.
The two-day forum, to be held under the patronage of H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, will be hosted by the Sharjah Investment and Development Authority (Shurooq) in collaboration with Financial Times and fDi magazine.
"The Sharjah FDI Forum will examine the most important economic issues on the local, regional and international arenas. The forum will host the participation of senior economists, financial analysts and policy makers, who will meet to discuss seek solutions to the foreign direct investment challenges presented by the current economic climate," Marwan bin Jassim Al Sarkal, CEO of Shurooq, said in a press release.
On day one of the Sharjah FDI Forum, Salem Rashid Al Nuaimi, Chief Executive Officer and Managing Director, Waha Capital, will present 'Taking the Long-Term View on Middle East investments,' in which he, and Courtney Fingar, Editor in Chief, fDi Magazine, a publication of the Financial Times, will both outline the investment structure in the region and its attractiveness for international capital.
On the second day of the forum, a panel discussion entitled 'Investment trends - What Are the Prospects for FDI in the Middle East and the UAE in the Coming Year?' - to be moderated by Jacopo Dettoni, Deputy Editor, fDi Magazine- will discuss the role of FDI in the world economy, evaluate growth trends and challenges, and analyse the competitive advantages of cities when it comes to the globalisation of innovation.
The participants include Marwan Bin Jassim Al Sarkal, CEO of Shurooq, Henry Loewendahl, Group CEO, WAVTEQ Limited, Awni Rushood, Advisor, Arab Planning Institute Kuwait and Jeffrey Colyer, Lieutenant Governor of Kansas.
According to the annual world investment report, released by the UN Conference on Trade and Investment (UNCTAD), global FDI will reach US$1.5 trillion (AED5.5 trillion) in 2016, and $1.7 trillion (AED6.24 trillion) in 2017, Shurooq said in a press release.
"Since the 2008 global financial crisis, the global economy has experienced economic fluctuations that have resulted in a host of exceptional challenges. These have affected the inflow of global foreign direct investment, changed safe havens and raised the risk ratios in cross-border capital flow to unprecedented proportions," Al Sarkal added.
Source: Emirates News Agency