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11 April, 2022

UAE Ministry of Economy to Promote Digital Investment

The UAE Ministry of Economy, in a bid to expand its international partnerships, is promoting digital investment in the UAE.

Abdullah bin Touq Al Marri, Minister of Economy, held a meeting with Eric Anziani, COO at Crypto.com, the leading cryptocurrency platform, during the first edition of Investopia Summit, which was held as part of the World Government Summit 2022.

During the meeting, the minister emphasized that the financial services sector, along with modern financial technology and digital solutions, are priorities to promote growth in line with the UAE’s new economic model, and the UAE Centennial 2071.

He further noted that the country has achieved major strides in developing a legislative and institutional environment capable of supporting financial technologies, specifically digital and cryptocurrencies. This in turn promotes its position as a competitive regional and international destination that attracts companies and businesses operating in this sector.

Bin Touq said that the Ministry of Economy is keen to expand its international partnerships with leading international companies in various new and future economic sectors.

He also added that Investopia will continue its collaboration with Crypto.com to develop digital and financial investments and support its significant role in promoting the growth of UAE’s business environment and financial markets in the next stage.

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Source : Gulfnews

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