Dubai: The Annual Investment Meeting (AIM 2014) was inaugurated on Tuesday by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, at the Dubai International Convention and Exhibition Centre.
The event was attended by representatives of official delegations from more than 110 countries, with participants from China, Russia, Indonesia, Morocco and other countries actively participating in the event.
Day one of AIM focused on the latest trends in foreign direct investment (FDI) and its growth prospects in emerging markets and the importance of attracting foreign investment driven by a progressive mix of legislation and flexibility in emerging markets.
AIM 2014 kicked off with a welcome speech by Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, who said, "The UAE, on highest levels, gives great importance to this meeting, which is being held for the fourth consecutive year under the patronage of His Highness Shaikh Mohammad. AIM will focus in this edition on the investment partnerships in order to achieve sustainable growth in emerging markets. We realise that through these collaborative efforts, we can build a better world."
He pointed out that "We are delighted on the large turnout to this event that attracted 110 official delegations along with many dignitaries from around the world representing a variety of sectors."
Annual FDI report
The welcome address was followed by the launch of AIM Annual FDI Report that was presented by Angus Cushley, Publishing Director FDI Intelligence, at Financial Times Ltd.
The annual flagship publication of the Annual Investment Meeting highlighted the general theme of AIM and revealed the latest trends in FDI and FDI flows globally and regionally, in particular, in frontier and emerging markets.
Special focus was placed on the competitiveness of fast growth markets and key opportunities and challenges they have to face in a fast-moving and unpredictable world.