To drive economic growth, diversification and industrial transformation in the new economies
Investopia Signs a New Partnership with Emirates Development Bank
Dubai, United Arab of Emirates, 6 February 2023
Investopia, the global investment platform launched by the UAE Government in September 2021, announced a new partnership through signing a Memorandum of Understanding (MoU) with Emirates Development Bank, one of the key financial engines for the economic development and industrial advancement of the UAE.
H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy and Chairman of Investopia, witnessed the MoU signing during a ceremony held in Dubai on 6 February 2023. The agreement was signed by Mohamed Naser Al Zaabi, CEO of Investopia, and Ahmed Mohamed Al Naqbi, Chief Executive Officer at Emirates Development Bank.
Under the terms of the MoU, this partnership establishes the foundation for a joint-collaboration between Investopia and Emirates Development Bank, which will see both entities leverage their core capabilities, to drive forward economic growth, diversification and industrial transformation in the new economies, in their capacities, as a leading financial institution, and as a global thought leadership and investment platform connecting opportunity with capital, respectively.
Commenting on the partnership, Mohamed Naser Al Zaabi, CEO of Investopia said: “through this partnership, Investopia and EDB will collaborate to enrich the discussions in the new economies, mainly during Investopia annual conference in March 2023. There are many similar areas and sectors that both Investopia and EDB are focusing on such as technology and healthcare, and this would help Investopia’s investment community discuss and identify investment opportunities in vital sectors”.
Ahmed Mohamed Al Naqbi, Chief Executive Officer at Emirates Development Bank said: “Emirates Development Bank is pleased to have signed an MoU with Investopia, a global investment platform launched by the UAE government, announcing our partnership. Investopia 2023 conference is a high-level strategic event, that gives participants the platform to engage with regional and global investors, government representatives and business leaders from all different industries. Our mission is to drive growth in a sustainable economy while also forming partnerships that will contribute to the economic growth and industrial advancement of the nation. We look forward to meeting with all our key stakeholders at the event and engaging in fruitful and productive discussions.”
Investopia global investment platform is one of the major strategic initiatives under the “Projects of the 50” announced by the UAE government in September 2021 and aims to enhance the exchange of global investment flows, in support of sectors of the new economy. Investopia announced the second edition of its annual conference, which will be hosted in Abu Dhabi on 2nd and 3rd March 2023, under the theme “Envisioning Opportunities in Times of Change”.
Investopia is a global platform designed to drive global investments, generate growth, accelerate innovation, and contribute to the prosperity of future generations. Investopia is supported by several local and global partners including Abu Dhabi Department of Economic Development, Crypto.com, BlackRock, Sharjah FDI Office (Invest in Sharjah), and the premier global thought leadership forum SALT.
Initiated by the UAE Government, as one of the major strategic initiatives under the ‘Projects of the 50’, aiming to build the best and most dynamic economy in the world, and held under the patronage of the Ministry of Economy, Investopia works to create a new ecosystem where world’s investment stakeholders work together to formulate innovative models for the future business environment and partnership patterns that will generate new investment opportunities in the new economies. Visit https://www.investopia.ae/ to learn more.
About Emirates Development Bank:
“Emirates Development Bank [EDB] the UAE’s development bank, is a key financial engine for the economic development and industrial advancement of the UAE. EDB provides financial and non-financial support to businesses of all sizes from start-ups, SMEs to corporates driving economic competitiveness across five strategic priority sectors: advanced technology, food security, healthcare, infrastructure, and manufacturing. EDB was established under Federal Law by Decree No. 07 of 2011 issued by the late Sheikh Khalifa bin Zayed Al Nahyan; and became operational in June 2015.”