Dubai FDI’s Participation in Web Summit in Portugal Highlights Emirate’s Promising Growth & Expansion Opportunities

Dubai FDI’s Participation in Web Summit in Portugal Highlights Emirate’s Promising Growth & Expansion Opportunities
07 November 2018 -
  • Dubai FDI’s Participation in Web Summit in Portugal Highlights Emirate’s Promising Growth & Expansion Opportunities
    Dubai FDI’s Participation in Web Summit in Portugal Highlights Emirate’s Promising Growth & Expansion Opportunities Dubai FDI’s Participation in Web Summit in Portugal Highlights Emirate’s Promising Growth & Expansion Opportunities

The #TeamDubaiAdvantage of the Dubai Investment Development Agency (Dubai FDI) - the investment advancement agency of the Department of Economic Development (DED) in Dubai - is taking part in the Internet Top event for startups, which is being kept in Portugal. Dubai FDI's participation in the Summit drops in line with the instructions of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice Head Of State and Head Of State of the UAE and Leader of Dubai, to attract the very best worldwide emerging business concentrated on the creation of and also promotion of expertise, development as well as technology to function and also expand in Dubai.

Internet Summit 2018 is being kept in the Portuguese capital, Lisbon, from November 5 to 8. The largest international technology gathering this year is being participated in by 70,000 individuals and also more than 2,500 worldwide and also arising business, financiers as well as business owners. The 2018 edition of the Top features an event, greater than 24 specialized conferences, as well as lots of events focused on supporting arising companies as well as improving their payment to lasting economic development.

The #TeamDubaiAdvantage at the Summit comprises Fahad Al Gergawi, CEO of Dubai FDI; Abdul Baset Al Janahi, CEO, Mohammed Bin Rashid Establishment for Small and Medium Enterprises (SME) Development; Ahmed Bin Sulayem, Executive Chairman of DMCC; Ammar Al Malik, Executive Director for Dubai Internet City; Yousuf Lootah, Executive Director of Tourism Development & Investments at Dubai's Department of Tourism & Commerce Marketing (DTCM); Saeed Ghobash, Director of Projects and Investment at DEWA; as well as Fatima Farhan, Karen Gabriel and Mohammed Hamdi from Dubai Future Foundation; Khalid Raie Boom, Deputy CEO at Dubai FDI and Hassan Mohalal, Walid Marhoon and Ahmad AlRais from Dubai FDI.

Fahad Al Gergawi, Chief Executive Officer of Dubai FDI, highlighted the significance of the Group Dubai Advantage initiative, which is an incorporated team of government entities and complimentary zones targeted at enhancing FDI's contribution in building a knowledge-based, lasting and competitive future economy. He explained that the engagement at this year's Web Summit strengthens the UAE's and also Dubai's placements in the international business economic situation. The campaign additionally connects the global financier community as well as the global startup companies with Dubai's opportunities for growth, partnership as well as innovation.

Al Gergawi included that the engagement in Internet Top 2018 in Lisbon kinds component of the strategy to draw in start-up investments as well as to sustain DED's Economic stimulation program. It likewise enhances the interaction with global entrepreneurial neighborhood as well as senior authorities from big as well as significant government and also private sectors as well as international establishments. Such collaborations assist determine the most recent trends as well as successful financial investment models in advancement, modern technology, r & d, as well as new business models to further improve Dubai's business atmosphere. He explained that Dubai FDI has actually obtained greater than 150 inquiries regarding development as well as expansion chances in the emirate via Dubai features site on the extremely initial day of the meeting.

#TeamDubaiAdvantage's participation in the Web Summit 2018 consists of involvement in greater than 24 specialized events. Its existence in the exhibition's unique structure is targeted at connecting with the visitors to build understanding on the riches of possibilities in Dubai amongst leading international start up as well as business neighborhoods. Moreover, flyers are likewise being dispersed, together with the presentation of marketing videos that shed light on the UAE's tactical strategies and also its success in the field of technology as well as advancement. Dubai's approach to end up being a City of the Future, a gateway for growth right into appealing regional markets, and its current status as a global business center are likewise under the limelight. #TeamDubaiAdvantage's participation in the Top highlights expansion opportunities for venture capital funds, financing organizations and also specialized international systems to better offer business owners that pick Dubai as the hub for their operations and also as a portal to connect to the regional and also international markets. This will be achieved by promoting the facilities and motivations supplied by the Emirate of Dubai to the most effective emerging international companies that focus on the production as well as promo of understanding and innovation.