The Investopia Investment Summit’s first edition, held at the Expo 2020 Exhibition Center in Dubai, provided an overview of global investment trends.
Investopia is one of the most prominent strategic projects announced by the UAE government within the first set of the “Projects of the 50”, and it will strengthen the flow of inward investments and attract 550 billion dirhams worth of foreign direct investments (FDI) into the UAE by 2030, and 1 trillion dirhams by 2050.
According to Minister of Economy Abdullah bin Touq Al Marri, the summit aimed to develop innovative partnership models and plans that would provide opportunities for future investment, allowing the establishment of a new global system and laying the groundwork for responsible and sustainable economies in the future.
“Through Investopia, we are able to offer a different approach and contribute to changing global investment trends, aiming not only to focus on the economy, but also to include human, social, and environmental aspects,” he said.
Rebecca Greenspan, Director-General of the United Nations Conference on Trade and Development (UNCTAD), stated that the future is based on increasing investment in infrastructure, digital transformation, and climate change, as well as strengthening partnerships between the public and private sectors.
Significant Economic Developments
The Summit discussed significant economic developments like the prospects and trends in global investments until 2025, the current major economic transformations, and their impact on investors, such as space investment, food security and the future of globalization, agricultural technology, health, and preventive care technology, and the current trends reshaping globalization.
Moreover, Investopia focused on ways to transform global growth centers, changing business trends, and their effects on cross-border investments.
The summit discussed many other economic sectors, including the impact of the “Metaverse” on the future of global investments and the opportunities it provides.
The event also touched on several topics including the importance of climate change leadership to address challenges and opportunities, and solutions provided by agricultural technology to deal with food supply chain issues.
In addition, Investopia highlighted emerging markets’ preparedness to propose clear solutions to global concerns.
More than 90 speakers and 1,000 decision-makers from around the world, including heads of institutions, investment businesses, and specialists, attended the summit to share ideas, shape prospects, and enhance future investments across the world.e
spending on quantum computing will surge to $9.1 billion by 2030
In the same context, a report commissioned by Information technology firm, Accenture, shows that quantum computing technology is growing rapidly.
According to Tractica LLC, a market intelligence firm, spending on quantum computing will surge from $260 million in 2020 to $9.1 billion by 2030.