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Euromoney summit to address UAE’s innovation-driven economy

Sharjah Investment and Development Authority (Shurooq) has announced ‘Finance and Investment for an Innovative Economy’ as the theme for the upcoming Euromoney Emirates Conference, which will be held on 8th to 9th May at the Sheraton Sharjah Hotel.

Euromoney, SharjahHeld under the patronage of Sheikh Sultan bin Mohamad bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, the two-day event, organised by Shurooq in collaboration with Euromoney Conferences, will highlight the economic policy shifts and models necessary to sustain investment growth, encourage innovation across industries and enable financial institutions and SMEs to prepare for the future by adopting the latest and most secure technology.

It will bring together representatives from leading authorities on finance and economic development to discuss the next phases of development in the UAE, in particular Sharjah, in its efforts to become among the region’s top economies by embracing modern methods that support its growing approach towards adopting an innovative economy system.

Marwan bin Jassim Al Sarkal, Shurooq
Marwan bin Jassim Al Sarkal, Shurooq

The conference will feature a number of keynote speeches by economy officials and specialists, including Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Shurooq, HE Younis Haji Al Khouri, Undersecretary of the Ministry of Finance, Dr. Saif Obaid Al Zaabi, acting CEO of the Securities and Commodities Authority, Adel Al Ali, CEO of Air Arabia, Khalid Al Huraimel, CEO of Sharjah Environment Company (Bee’ah), and Adel Al Zarouni, CEO of Al Zarouni Investment Company, among many other distinguished guests.

With a mix of keynote presentations, on-stage interviews, panel discussions and workshops, the conference, which has never been held in the UAE before, will address crucial topics related to an innovative economy and its mechanisms.

The event will look into topics and issues regarding fiscal uncertainty and global economic caution, inlcuding globalisation, energy markets and new technologies. Key presentations from UAE leaders will also outline the nation’s intentions regarding the aspirations, policies and strategies for an innovative economy.

HE Marwan Bin Jassim Al Sarkal, CEO of Shurooq, said the Euromoney Emirates Conference in its own right is an indication of the UAE’s importance in the region and its status as a major player on the global economic stage.

“We, in collaboration with Euromoney Conferences, have rolled out a comprehensive programme which focusses on the most pressing issues in today’s global economy. That not only provides a platform for essential debates on the future trends of fiscal policy, it also reinforces Sharjah’s ability and credibility as a regional economic driver and facilitator.”

Highlighting the backbone of the UAE economy, other sessions at the conference will focus on the role of small and medium sized enterprises under the theme ‘The Lifeblood of the Innovative Economy: SMEs in the Emirates’. In recognition of FinTech’s disruption to the traditional supply chain, the conference will discuss the future of banking and payments, including cybersecurity and leveraging high mobile penetration.

The event is also due to debate capital markets as a key driver of innovation and their importance establishing an innovative economy, as well as whether the UAE has the economic instruments necessary for innovation in capital markets.

“A conference of this calibre is another milestone in Sharjah’s growing reputation as an intellectual venue for economic decision-makers and a lynchpin in regional growth,” said Al Sarkal. “Our visitors will see that we are an extremely advanced economy which can recognise and capitalise on many trends and shifts. We have an economy which not only adapts to change, it anticipates it.”

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