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UAE Ministry of Investment hosts UAE-Norway Investment Forum in Oslo

UAE Ministry of Investment hosts UAE-Norway Investment Forum in Oslo
7 Oct 2024 16:53

OSLO (WAM)

On the sidelines of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi’s official visit to Norway, the UAE Ministry of Investment has hosted the UAE-Norway Investment Forum in Oslo.

The event brought together senior officials, investors, and entrepreneurs from various economic and business sectors in both countries, showcasing investment opportunities and highlighting the UAE’s competitive and business-friendly environment.

The forum centred on the incentives offered by the UAE’s business ecosystem, encouraging Norwegian and international companies to leverage Abu Dhabi and the UAE as a strategic hub to expand their business operations into Asia, the Middle East, and North Africa, in line with the growing global economic landscape, which is increasingly driven by knowledge and innovation in all vital sectors.

The forum also underscored the need to elevate economic, trade, and investment relations between the UAE and Norway across sectors of national priority.

Participants highlighted the UAE’s competitive advantages, including its strategic location connecting global markets, advanced infrastructure, ability to attract top global talent, and a flexible legislative framework that fosters investment and offers key incentives for investors.

In his welcoming address, Mohammed Hassan Alsuwaidi, UAE Minister of Investment, stressed the importance of transitioning towards sustainable, knowledge-based economic models, highlighting that the UAE’s economic vision aligns with Norway’s focus on sustainable growth, revenue diversification and fostering an innovation-driven economy.

Other senior officials from Norway who delivered a speech included Espen Barth Eide, Minister of Foreign Affairs of Norway, and Tomas Norvoll, State Secretary, Ministry of Trade, Industry and Fisheries.

The UAE-Norway Investment Forum also featured panel discussions with senior officials and representatives from leading Norwegian companies such as Equinor, Yara and Aker ASA alongside major UAE companies including ADNOC, Masdar, and AD Ports Group.

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