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主题为“重塑经济:迈向数字,可持续和弹性的未来”

 

>>经济部长:国际投资年会(AIM)数字版的发布是阿联酋的一个新的成功案例,反映出阿联酋已经准备好以创新模式发展经济

 

>> ·图克(Bin Touq): 阿联酋已经确立了其在全球定性项目和对新经济领域投资的领先全球地位

 

>> 阿尔 法拉西(Al Falasi):该活动为线上数字版本,为企业家提供了更大的机会来分享知识并增强进入全球市场的机会

 

>>阿尔·泽尤迪 (Al-Zeyoudi): 国际投资年会将专注于讨论商业可持续性的新方法,加强投资合作伙伴关系并提高其多元化程度

 

 

阿布扎比, (2020年九月) –阿联酋副总统、阿联酋总理、迪拜酋长谢赫穆罕默德·本·拉希德·阿勒马克图姆的授权和支持下,由阿联酋经济部组织的国际投资年会将于2020年10月20日至22日举行,主题为“重塑经济:迈向数字化,可持续发展和拥有韧性的未来”。

 

 

 

作为国际投资年会的首届数字线上版本,线上国际投资年会(AIM Digital)将成为本地区首场的大型数字线上活动,积极应对新冠疫情,它将为阿联酋未来的数字线上活动树立新的标杆。 它将利用数字技术为来自世界各地的投资者创造,展示并促进新的投资机会,为跨领域的经济复苏,转型和可持续发展提供无限的可能性。

为了继续履行国际投资年会目标,在当前的疫情中为全球经济建设有弹性的未来,为期三天的数字线上会议将支持和加强投资环境,并为投资者带来最具吸引力和最安全的投资项目和机会。

 

介此阿联酋经济部长阿卜杜拉·本·图克·马尔里(Abdullah bin Touq Al Marri)阁下说:国际投资年会是一个重要的全球平台,汇集了政要,专家,投资者以及主要的本地,区域和跨国公司,以交流思想和经验,共同努力发展投资环境,并与利益相关者建立联系,以增加发展机会并提出创新的解决方案。 在过去的几年中,阿联酋一直努力巩固其作为增值项目的开拓者和有吸引力的投资目的地的地位,尤其是在新经济领域,并且该国还成功地发展了其规划和预测未来的能力,以及面对全球经济变化,开发积极的解决方案以增强其国民经济的弹性。

 

部长阁下还说,阿联酋政府启动了一项包含33项举措的全面计划,以支持该国所有经济部门,并创造一个更灵活的经济环境,以创造多样化和可持续的机会,并鼓励对未来领域的投资,尤其是数字化转型,先进产业 ,现代技术的应用,研究,开发和创新。 他说,在当前情况下,为全球对话平台(国际投资年会)正变得越来越重要,并增强了该国评估未来愿景并促进发展优先版块的能力通过创新方式吸引投资。

 

企业和中小型企业经济部长艾哈迈德·贝尔胡尔·法拉西(Ahmad Belhoul Al Falasi)博士阁下说:阿联酋继续发挥其开拓性作用,无论是在其本地市场还是在该地区的贸易,投资发展和商业活动的枢纽还是全球层面,今天线上国际投资年会发布也验证了这一点阿联酋有能力适应经济形势的变化,并找到应对各种挑战的创新解决方案的能力,例如,由于新冠疫情的蔓延,我们今天正在目睹这些挑战,这凸显了在经济领域采用新方法的重要性,线上国际投资年会就代表了一个新的成功案例,反映出国的经济和贸易体系已准备就绪,可以迅速转向数字活动,并采用更具竞争力,更具弹性和可持续的经济模式。

 

艾尔 法拉西(Al Falasi)补充说,国际投资年会在过去几年提供了一个开拓性平台,以支持新兴公司和中小企业。 部长阁下说:我们将在今年的国际投资年会期间共同努力,通过为企业家和中小型企业的所有者提供重要的沟通渠道,使与其他参与国的同行交流,以获取新的想法和知识,从而继续支持和鼓励他们 ,交流经验并参加相关展览,以及建立合作伙伴关系并为其产品和服务开拓新市场,这将反映他们的商业成功及其持续和扩展的能力。 部长强调指出,今年向数字模式的过渡将使世界不同国家能够更广泛充分地参与,从而为企业家增加合作和增长的机会。

 

今年的国际投资年会首届数字线上版本,是在全球经济正在经历的特殊情况下举行的,这需要加强对话并建立新的联系,以支持世界各个市场的商业和投资活动。 他解释说,本次活动将重点讨论国家和机构为提供新的解决方案和措施而付出的努力,以支持可持续发展,业务连续性和面对各种挑战的灵活性。 对外贸易部长塔尼··艾哈迈德·阿尔·泽尤迪博士阁下(His Excellency Dr. Thani Bin Ahmed Al Zeyoudi)说。

部长补充通过今年的国际投资年会,我们将确保允许商人和投资者会面并达成战略协议和伙伴关系,并为在各个投资领域的工作打开新的重要渠道,并解释了今年论坛的议程将有很多会议,对话和数字展览构成 在为期三天的大会中,我非常有信息,本届大会的成果将有助于创造更多的创新,倡议和定性项目,这些想法,倡议和定性项目代表了国际为增强全球经济大环境和为后疫情时代做出的努力

本次独特的数字展览将有170个国家/地区参加,汇集区域和国际投资者,政府部门,投资促进机构,智慧城市解决方案提供商,创新技术的初创公司,寻求全球扩张的中小型企业,为投资组合投资者提供的可行项目以及全球主要领域的投资机会。 此外,国际投资年会(AIM)正持续并扩展它的国际影响力和知名度,为各界提供学习,展示,社交,投资和被认可的必要资源的重要平台。

“我们都知道,新冠疫情严重影响了全球经济。 但是,这种全球性的疫情爆发一定不能引起经济瘫痪并阻碍经济复苏,而必须成为一种刺激,激励我们不断寻找克服挑战的机会。 技术是我们需要利用的工具之一,我们需要利用它来对抗疫情的影响,这就是线上国际投资年会(AIM Digital)诞生的原因。这着实是一项重大举措,它将创新和投资机会集中在一个线上平台中,使投资者能够增强经济弹性和转型能力。”国际投资年会组织委员会主席达伍德·阿尔·谢扎维(Dawood Al Shezawi)先生说。

精心准备了丰富的主题,例如疫情对女性企业创始人的经济影响,危机时期如何加速技术发展,确保粮食安全和抗击疫情的可持续性:中小企业的农业创新和商业机会,在疫情期间加强国际贸易的全球伙伴关系和危机,疫情后的城市:它们将变成什么新形态,中东投资者的愿景,城市流动性:危机时期的复苏之路和吸引外国直接投资的有效性,智慧城市未来研讨会,拉丁美洲农业综合企业面临的挑战以及中东投资者的愿景。 此外,线上国际投资年会一年365天将继续提供交互式投资活动,以支持全球投资界。

线上国际投资年会特色专题:

线上国际投资年会将聚焦于六大版块 - 外国直接投资,外国证券投资,中小企业,初创企业,未来城市以及“一带一路”,线上国际投资年会将展示各项专题,这些专题将极大地增加各个领域的投资机会 。

会前研讨会:这一系列互动式专业教育课程由全球知名的行业专家举办,旨在量身定制,以丰富参与者的经验,并为他们寻找有利可图的投资机会做准备。

会议:一个与参会者共享绝佳想法,最佳实践和理想化商业政策的平台。 来自投资界的领导者和专家将主持线上讨论,以探索有关国际投资年会的六个版块中每个版块的相关主题。

 

展览:展览由全球最佳的本地和国际参展商参加,展览以不同的国家,智慧城市解决方案提供商,初创公司和中小型企业为主题,其最终目标是实现各自国家和地区的经济增长。

数字国家演讲:通过数字化的形式展示每个国家/地区的主要经济和投资环境特征,揭示世界上最佳的投资目的地。 市政,城市和国家在其所在地推广投资机会并向潜在投资者展示其行业潜力的平台。

初创公司线上宣讲比赛:这是一个向全球投资者展示商业思想的机会,以寻找下一步发展。 初赛比赛的优胜者将争夺国家冠军。 个别初创公司可以注册全球技术企业家演讲比赛机会。

大型企业演讲:大型的跨行业集团将向有兴趣在本国进行可持续投资的国际投资年会投资促进机构,中小型企业和政府官员展示其投资路线图和关键领域。

 

颁奖典礼:表彰投资促进机构,中小企业和初创企业在支持和确保特定地区投资方面的杰出贡献。 奖项将颁发给那些对地区和国家带来巨大经济增长的各种投资。

投资者中心:将为顶级投资机构,投资公司,开发银行,主权财富基金和证券投资商的投资者中心代表提供正式安全的线上环境会见政府官员,促进建立投资伙伴关系和合作。

区域焦点会议:以三个区域性对话为中心,这些区域性对话探究了非洲,亚洲和拉丁美洲的经济形势,这些讨论将是对区域风险,挑战和增长机会的有见地探索,这些风险,挑战和增长机会正在等待通过区域合作加以利用。

Made in系列:这项可行的数字线上功能向所有希望向国际平台展示其本地产品和服务的中小企业开放。 作为该系列的一部分,可以帮助参与国推广其本地制造的产品或服务,向全球重点受众介绍其企业价值,并与潜在的全球合作伙伴建立联系,以进行未来的合作。

投资圆桌会议:2020年线上国际投资年会的投资圆桌会议是由部长,副部长和投资促进机构(IPA)负责人,投资者和决策者构成的聚会。 此功能的主要目的是为政府决策者提供一个与投资公司进行讨论的平台,以创建一个符合政府和投资者要求的可行投资模型。 在会议结束时,应制定出可行的投资模式。

社交功能:一种加强业务关系并服务于业务组合扩展的媒介。 大量功能可方便地使用和访问,以简化平台上的通话和交流。

 

国际投资年会计划将继续扩大其在整个经济领域的影响力,为即将在321日至23日举行的线上线下的大会做准备,随后在迪拜世博会EXPO2020期间推出综合大会。 线上线下大会将充分运用来自170多个国家/地区的大量投资机会,确保全球投资者获得最高的投资回报。

此外,国际投资年会很高兴推出其官方电子杂志《全球催化器Global Catalyst》,它将成为全球投资界最新新闻的第一来源,有关热门话题的专题文章以及对基本问题的数字分析。推动投资环境,是全球经济增长的强大催化剂。 《全球催化器Global Catalyst》是一个季度数字杂志,提供有关投资环境的新闻和功能信息,以及有关全球经济重大问题的详尽分析和研究报告。它以成功案例和来自全球投资界知名人士的深入访谈为特色,提供宝贵的见解。 《全球催化器Global Catalyst》在其第一期中将重点强调其主题重新启动全球经济的未来,该主题激发了重新开始,寻找创新方法和策略以及建立与全球经济有关的新观点。

认识到向数字格局的转变和整合技术进步有助于发展智能,数字和可持续发展,线上国际投资年会为经济复苏,转型和可持续发展带来无限可能。

关于线上投资年会的更多信息, 查看 www.aimcongress.com

 

关于国际投资年会

国际投资年会(AIM)是阿联酋经济部的一项重要举措,由阿联酋副总统、阿联酋总理、迪拜酋长谢赫穆罕默德·本·拉希德·阿勒马克图姆的授权和支持。 国际投资年会(AIM)是全球领先的投资平台,来自140多个国家的16,000多名参与者。 超过400家参展商和联合参展商,60多位高层要员,150多位投资专家和专家参加了2019年国际投资年会。

Economy

Algeria

10 Mar 2015

  Economy of Algeria Algeria’s economy is based mainly on oil and gas, it has the eighth-largest reserves of natural gas in the world and is the fourth-largest gas exporter; it ranks 18th in oil reserves. The hydrocarbon sector represents about 40–45 percent of total GDP and about two-thirds of budget revenues. Oil and gas resources account for 98 percent of the country’s exports and 70 percent of tax revenues. The chief challenges that Algeria faces in the short and medium terms are the need to diversify the economy, strengthen political and economic reform, improve the business climate, reduce regional inequalities and create jobs. Structural reform within the economy, such as development of the banking sector and the construction of infrastructure, moves ahead slowly. According to the World Bank indicator for ease of doing business in 2015, Algeria is ranked 154 out of 183 economies.   Essential Information   Area: 2,381,741 sq kmCapital: AlgiersPrincipal Towns: Oran, Constantine, Annaba, Stiff, Blida, Sidi Bel Abbes, Skikda, Batna, Tlemcen.Languages: Arabic is the official language but French is still widely used. There are Berber-speaking minorities.Climate: The coast has a moderate climate with temperatures ranging from 13 to 32°C. The summer months of June to September can be hot and humid with daytime temperatures registering between 27 and 32°C; these can be exceeded, for brief periods, when the hot, dry sirocco wind blows from the southCurrency: 1$ = 78.9 Algerian dinar (DZD). DEMOGRAPHY 39,5 (Million 2015 est.) (source: IMF) 0-14 years: 28.4% (male 5,641,148/female 5,378,207) 15-24 years: 17.4% (male 3,451,069/female 3,291,166) 25-54 years: 42.8% (male 8,398,770/female 8,209,634) 55-64 years: 6.2% (male 1,230,865/female 1,186,832) 65 years and over: 5.2% (male 931,769/female 1,094,262) (2014 est.) Source: CIA factbook. EducationLiteracy: definition: age 15 and over can read and write total population: 80.2% male: 87.2% female: 73.1% (2015 est.) (Source: CIA factbook). NATURAL RESOURCESpetroleum, natural gas, iron ore, phosphates, uranium, lead, zinc Fossil FuelOil - proved reserves: 12.2 billion bbl (January 2012 est.)Natural gas - proved reserves: 4.502 trillion cu m (1 January 2011 est.) MineralsIron ore, phosphates, uranium, lead, zincHydro-electric0.3% of production Visa Requirements: Nationals from the following countries do not require a visa to travel to Algeria:Libyan Arab Jamahiriya, Malaysia, Maldives, Mali, Mauritania, Morocco, Democratic Republic Sahraoui, Seychelles, Syrian Arab Republic, Tunisia, Yemen.Non-resident foreigners must change the equivalent of AD 1,000 on entering the country. WTO accession: Observer Independence Day July 5 Current local time  Weather Find the Algerian Diplomatic representation in Switzerland  

Bahrain

  Bahrain is a banking and financial services centre; its small and reasonably prosperous economy is less dependent on oil than most Gulf states. Bahrain has taken great strides in diversifying its economy and its highly developed communication and transport facilities make Bahrain home to numerous multinational firms with business in the Gulf. Bahrain's economy, however, continues to depend heavily on oil. Petroleum production and refining account for more than 60% of Bahrain's export receipts, 70% of government revenues, and 11% of GDP. Other major economic activities are production of aluminum - Bahrain's second biggest export after oil - finance, and construction. Bahrain competes with Malaysia as a worldwide center for Islamic banking and continues to seek new natural gas supplies as feedstock to support its expanding petrochemical and aluminum industries. The country’s limited oil reserves, which are expected to last only another 10 to 15 years, have led Bahrain to already make significant progress on developing the non-oil sector. Other major segments of Bahrain's economy are the financial and construction sectors. The financial sector contributes around 27 per cent of the kingdom’s GDP, while hydrocarbons contributes around 25 per cent. Manufacturing contributes around 13 per cent. The Kingdom is the main banking hub for the Gulf and a centre for Islamic finance with a total size of $800 billion, which has been attracted by the strong regulatory framework for the industry.   Essential Information Area: 695.25 sq kmPopulation: 1.3 millionCapital: Manama Principal Towns: Muharraq, Jidhafs, Isa Town, Awali, Hidd, Rifaa.Area: 695.25 sq kmPopulation:1.3 millionCapital: ManamaPrincipal Towns: Muharraq, Jidhafs, Isa Town, Awali, Hidd, Rifaa.Languages: Arabic is the official language. English is used widely in business circles.Gross Domestic Product (official exchange rate): $26,5 billion (2012 est)GDP per capita: $20,385 (2012 est.)International Reserves: $5.0 billion (2012 est.)Climate: Tropical Gulf climate with hot summers, mild winters and high year-round humidity. The annual average rainfall is only some 70 mm.Currency: 2.64 US Dollar (USD) = nearly 0.377 Bahraini Dinar (BHD)           Visa Requirements: No visa is required for GCC and British nationals. Other travellers must obtain entry visas in countries where there is a Bahraini consulate, these can then be extended locally. Travellers with an onward reservation may obtain a 72-hour transit visa at the point of entry. Bahrain National Day 16 December Current local time  Weather Bahrain Diplomatic representation in Switzerland  

Comoros

  Comoros is made up of three islands that have inadequate transportation links, a young and rapidly increasing population, and few natural resources. The low educational level of the labour force contributes to a subsistence level of economic activity, high unemployment, and a heavy dependence on foreign grants and technical assistance. Agriculture, including fishing, hunting, and forestry, contributes 50% to GDP, employs 80% of the labour force, and provides most of the exports. Export income is heavily reliant on the three main crops of vanilla, cloves, and ylang-ylang; and Comoros' export earnings are easily disrupted by disasters such as fires. The country is not self-sufficient in food production; rice, the main staple, accounts for the bulk of imports. The government is struggling to upgrade education and technical training, privatize commercial and industrial enterprises, improve health services, diversify exports and promote tourism. Remittances from 150,000 Comorans abroad help supplement GDP.  The international donor community currently plays a modest role in the country’s development. According to the OECD statistics, Comoros received approximately US$25 million in development assistance in 2005. France was by far the largest donor contributing almost $17 million followed by UN agencies (including the World Bank) with over $7 million and the EC with over $4 million. Further, the economy is also significantly dependent upon remittances from the estimated 150,000-strong Comorian Diaspora in France and elsewhere. Economic development in the past two decades has been hindered by a combination of recurrent political crises, macro-economic imbalances, and external shocks. A gradual recovery of the economy is observed since 2008. Real GDP is driven by agriculture and services increased by 0.6% in 2008, 1.1% in 2009 and 2.1% in 2010.   Essential Information      Area: 2,170 sq kmPopulation:795,000 (July 2011 est.) Capital:MoroniPrincipal Towns:Fomboni, Moutsamoudou, DomoniLanguages: Arabic and French are the official languages while Comoran, a blend of Swahili and Arabic, is also spoken. Gross Domestic Product (purchasing power parity):$872 million (2012 est.) Gross Domestic Product (official exchange rate):$595 million (2012 est.) GDP per capita: $1,300 (2012 est.) Reserves: 6.2 months of imports of goods and services (2009 est.)Climate: The coast has a moderate climate with temperatures ranging from 13 to 32°C. The summer months of June to September can be hot and humid with daytime temperatures registering between 27 and 32°C; these can be exceeded, for brief periods, when the hot, dry sirocco wind blows from the south. The Sahara desert is hot and arid with daytime temperatures reaching 43°C while night temperatures fall to 10°C or less. Currency: Comoros Franc (KMF) = nearly 0.00281 US Dollar (USD) Visa Requirements: A valid passport and onward/return ticket are required. A three-week entry visa, which may be extended, may be obtained from the airport on arrival. Travellers should obtain the latest details from the nearest Mission of the Federal Islamic Republic of the Comoros.   Comoros' National Day 6 July   Current local time  Weather Diplomatic representation of Comoros in Switzerland  

Djibouti

  Djibouti’s economy is based on service activities connected with the country's strategic location and status as a free trade zone in the Horn of Africa. Two-thirds of Djibouti's inhabitants live in the capital city; the remainder are mostly nomadic herders. Djibouti provides services as both a transit port for the region and an international transhipment and refuelling centre. Imports and exports from landlocked neighbour Ethiopia represent 70% of port activity at Djibouti's container terminal. Djibouti has few natural resources and little industry. The nation is, therefore, heavily dependent on foreign assistance to help support its balance of payments and to finance development projects.  The Djiboutian economy has benefited from huge investment in the transport sector namely; port investment, construction and banking sector during the last years. Foreign direct investment (FDI) as well has registered a positive evolution in the last ten years. With the aim of strengthening Djibouti's position as a hub for trade, logistics and related services, as well as a provider of financial services, several road corridors were opened or renovated in 2010. Nevertheless, the economy remains little diversified and highly dependent on port operations in the tertiary sector. This accounts for 76% of GDP, while the primary sector contributes a mere 3.9%. The country depends almost entirely on imports for its food supply. Domestic agricultural production covers only 10% of the country's food needs.  Djibouti is at the crossroads of major sea routes for trading oil and other goods, and wants to become a hub for commercial, logistical and financial services for the Gulf of Aden countries. The government has launched a 4.3 billion US dollar (USD) investment programme, and in 2012, funding was obtained to build new port facilities for salt and potassium exports.  The government is also drafting a long-term development strategy called Vision 2035, and a study is being done of which leading sectors could diversify the sources of national growth and create jobs. Essential Information     Area: 23,200 sq km Population: 792,198 (2013 est.) Capital: Djibouti Principal Towns:Dikhil, Tadjoura, Obock Languages: Arabic and French are the official languages. Afar, Amharic and Somali are also widely spoken. Gross Domestic Product: $1.4 billion (2012 est.) GDP per capita: $1,767 (2012 est.) GDP per capita (PPP): $2,700 (2012 est.) Gross Official Reserves: $0.2 billion (2012 est). Climate: Very hot and arid from April to August with average temperatures of 32°C but reaching 45°C. October through March is slightly cooler with occasional light rain. Currency: 1.00 USD ≈ 179.7 Djiboutian Franc (DJF), 1.00 DJF = 0.00556 USD. Visa requirements: Visas are required by all visitors, except French nationals, on short stay visits. Ten-day visas are available on arrival for US and EU nationals - an onward ticket is also required.    Djibouti National Day, 27 June. Current local time  Weather Diplomatic representation of Djibouti in Switzerland  

Egypt

  Egypt is bisected by the highly fertile Nile valley, where most economic activity takes place. The Egyptian economy relies heavily on tourist revenues. Egypt is the most populated Arab country, it counts about 82.1 million people, with $2,922 GDP per capita. The contribution of the Egyptian economy is about 0.3% of the emerging markets index MSCI. Egyptian population is rather young. The aged 15 years or less, about 34%, and the age group of youth from 15-35 years old about 35%.  The people who represent the workforce in the category of 15-65 years old represent 62%, which requires a clear map to take advantage of the power work in economic activity. The services sector is the owner of the largest share in terms of its contribution to the GDP of the acquisition of more than 50%, while the contribution of industry and agriculture, two sectors that offers a real job opportunities, permanent and constitute a measure of value added is 37.7% and 13.1% subsequently. The rising contribution of services sector because of its education and health services, provided by public institutions. On the other hand, the tourism sector is considered historically a main source of Egypt’s national income with some 12 million tourists visiting Egypt and spending about $11 billion annually.Egypt’s economy is still suffering from a severe downturn and the government faces numerous challenges as to how to restore growth, market and investor confidence. Political and institutional uncertainty, a perception of rising insecurity and sporadic unrest continue to negatively affect economic growth. Real GDP growth slowed to just 2.2 percent year on year in October-December 2012/13 and investments declined to 13 percent of GDP in July-December 2012. The economic slowdown contributed to a rise in unemployment, which stood at 13 percent at end-December 2012, with 3.5 million people out of work. Foreign exchange reserves have continued to decline to reach about 3 months of imports. Essential Information  Area: 1,002,000 sq kmPopulation: 85,3 Million (2012 est.) Capital: CairoPrincipal Towns: Alexandria, Tanta, Damietta, Suez, Port Said.Languages: Arabic is the official language; French and English are both widely used, particularly in business circles. Gross Domestic Product: $255billion (2012 est.)GDP per capita: $2,989International Reserves: $15.72 billion Climate: Generally warm and dry from November to March although day temperatures can rise to over 38°C. April to October can see periods of intense heat in Cairo and Upper Egypt. Rainfall is limited to the northern, coastal region. A hot and dusty desert wind, the Khamaseen, blows in April/May and August/September.Currency: 1$ ≈ 6.8 Egyptian Pound (EGP) DEMOGRAPHYAge Distribution (2012 est.) 0-14 years: 32.5% 15-24 years: 18.2% 25-54 years: 38.1% 55-64 years: 6.5% 65 years and over: 4.7%  Population Growth 1.92% (2012 est.) Education71.4% of the total population age 15 and over can read and write  NATURAL RESOURCESFossil FuelPetroleum, natural gas MineralsIron ore, phosphates, manganese, limestone, gypsum, talc, asbestos, lead, zinc  Hydro-electricAssuan and Nasser Dams Visa: All visitors must be in possession of a valid passport and a visa. Travellers should ensure that their passports extend for three months from the date of the visa being issued. Where this date may be exceeded intending visitors are advised to renew their passports beforehand as persons found with non-registered passports can be liable to a £E 20 fine. One-month tourist and seven-day transit visas are available at Egyptian ports, airports and frontier posts; even so it is preferable to obtain visas before travelling.  National Day 23 July. Current local time  Weather Diplomatic representation of Egypt in Switzerland

Doing business

Egypt Accelerates Investment Reforms and Prepares New State-Owned Company Listings

Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid Saleh, announced that the government plans to intensify efforts to improve the business environment and reduce bureaucratic obstacles, while preparing to li…

Opinion

4th Industrial Revolution, but for whom?

  By Ayman Abualkhair   (النسخة العربية) Nowadays, much is being said on the 4th Industrial revolution. The world has gone through three industrial revolutions during the last two centuries. The First Indus…

Finance

World Bank Group Allots US$200 Million for Road Repairs in Lebanon

  World bank   (Version Française) (النسخة العربية)    The World Bank Group has earmarked US$200 million for upgrading Lebanon’s road network, seen as a risk to public safety as well as an impediment to urban-rural …

Diplomatic corner

وفد دايركشن المعرفية يزور جنيف ويكرم السفير السعودي الجديد لدى منظمة التجارة العالمية الدكتور عبد العزيز بن محمد الواصل

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Reports

Algeria Launches 2026 Oil and Gas Bid Round to Attract New Foreign Investment

22 Apr 2026

Algeria officially launched a new licensing round for the oil and gas sector, titled "Algeria Bid Round 2026." The move aims to bolster production and attract Foreign Direct Investment (FDI) into the energy sector, the country’s primary source of foreign currency. The bid round includes seven exploration blocks stretching across fields in Ogla, Illizi, Touggourt, and El Bayadh. These areas are believed to hold significant oil and natural gas reserves, positioning them among the most prominent investment opportunities in North Africa this year. This initiative is part of a broader government strategy to revitalize the energy upstream sector and solidify Algeria’s position as a regional gas hub, particularly amid rising global demand for energy sources following the supply chain disruptions of recent years. According to the Algerian Ministry of Energy, the process will enter a technical phase in June 2026, during which project data will be opened to international firms, followed by briefing sessions and technical consultations. Final bids are expected in November 2026, with contracts slated for signing in January 2027. These will include production-sharing contracts (PSCs) or partnership agreements with the state-owned oil giant, Sonatrach. Through this round, Algeria seeks to draw new global energy players into the local market at a time when it is working to scale up production levels and improve the investment climate in a sector that serves as the backbone of the national economy. Its substantial gas reserves further cement its role as a key player in the European and Mediterranean energy markets. The move also highlights a gradual shift in Algeria’s investment policy—moving from traditional reliance on national companies toward a model more open to foreign capital. By offering flexible contractual incentives via production-sharing models, the state aims to mitigate risks for international investors and incentivize entry into high-cost exploration projects. Ultimately, the "Algeria Bid Round 2026" reflects a clear effort to reposition Algeria on the global energy investment map by linking untapped natural resources with foreign capital and technology, amidst a wide-scale reshaping of global energy supply and demand dynamics.

Egypt Ranks Third Regionally in Investment Attractiveness: Insights into Fitch’s FDI Inflows Report

A report by Fitch Ratings—reviewed by the Egyptian Cabinet’s Information and Decision Support Center (IDSC)—revealed that Egypt ranked third among 18 markets in the Middle East and North Africa (MENA) region in terms of investment openness. Globally, Egypt secured the 27th position out of 202 countries, a metric reflecting a relative improvement in its standing on the global investment map. The report indicates that this ranking reflects Egypt's capacity to attract Foreign Direct Investment (FDI) inflows, bolstered by a diversified investment landscape. Key sectors include oil and gas, automotive manufacturing, ICT, food industries, renewable energy, infrastructure, and financial services. This sectoral diversity demonstrates the breadth of the Egyptian economy and its multiple investment catalysts, moving away from reliance on a single sector or limited economic axis. Fitch attributes the improvement in investment flows to several structural factors, including economic growth, a strategic geographic location linking Asia, Africa, and Europe, low labor costs, and a wealth of human talent. This is further supported by a massive domestic market, abundant energy sources, and a tourism sector that remains a long-term draw for capital. Additionally, the report notes the increasing role of Gulf-based financing, which has become a primary source of foreign capital in Egypt in recent years. In the same vein, the report suggests that a flexible exchange rate policy, in alignment with International Monetary Fund (IMF) recommendations, is expected to support the stability of foreign currency inflows in the short and medium term by enhancing the economy’s resilience to external shocks and boosting investor confidence. Egypt aims to attract approximately $60 billion in FDI between 2026 and 2030—a target the report deems relatively achievable, given that annual inflows typically range between $9 billion and $11 billion, excluding exceptional mega-projects. The report contrasts this figure with total investment flows into the African continent, which often remain below $60 billion annually, highlighting the scale of Egyptian ambition relative to its regional context. The report also highlights Egypt's position as a premier investment destination in North Africa, with growing interest from multinational corporations in the industrial, pharmaceutical, and electronic sectors. It notes that the Egyptian government has taken significant steps in recent years to enhance the investment climate, including the implementation of the unified approval system for investment licenses, known as the "Golden License." This system allows for the establishment and operation of projects within a relatively short timeframe of approximately 20 working days, reducing administrative hurdles and accelerating investment entry. The legislative framework has been further strengthened by Investment Law No. 72 of 2017 and its subsequent amendments, which provide tax incentives and guarantees for investors, including facilitating the repatriation of profits and ensuring equality between local and foreign investors. Recent amendments under Law No. 160 of 2023 introduced further incentives, alongside efforts to improve the geographical distribution of investments across the country. Regarding future sectors, the report points to a surge in interest in renewable energy. Fitch expects Egypt to lead the region in solar and wind capacity growth, driven by reforms initiated in 2014 that allowed private sector participation in electricity production and the gradual reduction of energy subsidies. The government aims to increase the contribution of renewable energy to 42% of total electricity production by 2030, a goal currently being met ahead of schedule. The report also sheds light on the expansion of investments in coastal development and tourism, particularly in the North Coast region, alongside the continued importance of the real estate sector, which contributes roughly 20% of GDP, reflecting its deep integration into the macroeconomy. Fitch confirms that Egypt possesses the largest stock of FDI in North Africa. The United Arab Emirates emerged as the largest investor in the country during 2024 and 2025, followed by the United States, the United Kingdom, Italy, Saudi Arabia, and Kuwait, reflecting a diversified base of foreign capital sources. In summary, the report presents a dual image of Egypt as an investment hub: on one hand, there is clear progress in the legislative framework, attractive sectors, and capital flows. On the other hand, actual performance remains tied to the economy's ability to translate these structural advantages into sustainable, long-term inflows within a highly volatile regional and international environment.

Saudi Arabia and Switzerland: A Strategic Partnership from Historical Roots to the Horizons of Vision 2030

The bilateral relationship between the Kingdom of Saudi Arabia and the Swiss Confederation represents a continually evolving partnership. Grounded in a long history of mutual understanding, it has now entered a new phase characterized by strategic depth, particularly in light of the ambitious Saudi Vision 2030. While Switzerland is a global hub for innovation, finance, and technological expertise, Saudi Arabia stands as the region's largest economy and a gateway for monumental developmental transformation. This confluence of interests creates a vital intersection for collaboration in the fields of entrepreneurship, sustainability, and technology. Historical Foundations of Diplomatic Relations The institutional connection between the two countries dates back many decades, with Switzerland recognizing the newly established Kingdom of Saudi Arabia in 1927. However, formal diplomatic relations were only established in 1956. This relationship saw a significant economic turning point with the formation of the Saudi-Swiss Joint Economic Commission (JEC) in 1975. Since then, the JEC has served as the primary platform for enhancing cooperation in economic, trade, investment, scientific, and technical domains. The relationship has been strengthened by high-level reciprocal visits, underscoring Switzerland's role as a trusted partner, even playing a crucial diplomatic role in representing Saudi and Iranian interests in 2017. Analysis of Economic Relations and Investment Opportunities The Kingdom of Saudi Arabia is currently ranked as Switzerland's second most important trading partner in the Middle East (after the UAE). The total trade volume between them amounts to approximately CHF 6.8 billion (including gold), with Swiss exports accounting for over CHF 6 billion of this figure. Furthermore, the cumulative investment of Swiss companies in Saudi Arabia reached about CHF 1.41 billion by the end of 2022. While this economic volume is an indicator of mutual trust, the biggest driver for future growth is Vision 2030. This unprecedented economic shift has offered vast opportunities for numerous Swiss companies to participate in "Giga-projects" such as NEOM, Qiddiya, and the Riyadh Expo 2030. This direction was affirmed during the recent 14th Joint Economic Commission meeting, where discussions emphasized the need to finalize bilateral legal agreements, such as improving the implementation of the Free Trade Agreement between EFTA states and the GCC, and expediting the conclusion of a new Investment Protection Agreement (IPA). Partnership in Transformation Pillars: Technology, Sustainability, and Entrepreneurship The new Saudi-Swiss partnership is focused on three main pillars, as the Kingdom seeks to leverage Switzerland’s extensive expertise to accelerate its non-oil economic diversification. 1. Technology and Innovation Switzerland is a world leader in technological education and innovation, hosting institutions like the Swiss Federal Institute of Technology in Zurich (ETH Zurich), which is globally prominent in areas such as Artificial Intelligence and Robotics. This expertise aligns perfectly with Saudi Arabia's ambition to become a global technology power, especially after its leadership in global digital development indices. Technological cooperation is evident in several forms: AI and Digital Transformation: Specialized Swiss companies are seeking opportunities to integrate solutions in AI, Blockchain, and even the Metaverse into vital Saudi sectors. Digital Infrastructure: Swiss firms are participating in building the advanced digital infrastructure that supports projects like NEOM, which relies entirely on cutting-edge technologies. 2. Sustainability and CleanTech Sustainability holds paramount importance in the partnership, particularly with Saudi Arabia's adoption of ambitious climate initiatives, including the NEOM Green Hydrogen projects, set to be the world's largest of their kind. CleanTech Forum: The two nations hosted the First Saudi-Swiss CleanTech Forum in 2023, gathering Swiss SMEs that offer innovative solutions for climate change mitigation. Knowledge Transfer: Saudi Arabia benefits from the "bottom-up" Swiss approach to innovation, which focuses on funding basic research in universities and supporting start-ups in renewable energy and environmental solutions. 3. Entrepreneurship and Business Localization The Kingdom views the private sector, including Swiss companies, as an essential engine for achieving development goals, specifically in job creation and economic diversification. Figures indicate that Saudis hold a positive perception regarding the availability of entrepreneurial opportunities and the necessary skills to launch a business. The Localization Challenge: As the market grows more attractive, Saudi Arabia has introduced new policies to ensure value localization.The most prominent is the Regional Headquarters (RHQ) program, which requires foreign companies to move their regional headquarters to the Kingdom to secure government contracts. Additionally, the Economic Participation Policy (EPP) has been adopted, mandating a local economic participation of at least 35% in certain public procurement contracts. Swiss Response: Despite the complexity of these rules, about ten Swiss companies have already responded by relocating their regional headquarters to the Kingdom.This reflects the strategic importance they attach to the opportunities in the Saudi market. Furthermore, cooperation in the hospitality and tourism sector through partnerships for qualifying Saudi tourism competencies is evidence of Swiss expertise penetrating new sectors. Future Outlook and Strategic Trajectory The relationship between Saudi Arabia and Switzerland is currently at its strongest point, having evolved from a traditional trade partnership into a strategic alliance aimed at building the future. Vision 2030 serves as the driving force connecting the robustness of the Swiss economy with Saudi Arabia's ambitious push for diversification. While the Kingdom imposes regulatory challenges (such as RHQ and EPP) to ensure value localization, the fields of CleanTech, Artificial Intelligence, and entrepreneurship remain ideal areas for deepening this cooperation, establishing it as a model for partnership between a developed European economy and an ascending regional power.

UAE's Reno, a Home Renovation Tech Platform, Secures $4 Million to Fuel GCC Expansion

Reno, a technology platform based in the UAE specializing in home renovation and interior design, has successfully closed a $4 million funding round, comprised of a mix of equity and debt. The funding is specifically aimed at building the region's first end-to-end operating system for renovation processes. The round was led by prominent investors, including Sanabil 500, Hub71, Plus VC, Zero 100 VC, FlyerOne Ventures, Sandstorm VC, AngelSpark, and the Swiss Founders Fund. Leading Home Renovation with AI Technology Founded in 2024 by Marc Michel, Amr Hosny, and Farah Karabeg, Reno positions itself as a comprehensive, all-in-one platform for interior design and renovation across residential and commercial projects. The current funding will support the launch of Reno’s new app in early 2026, which is set to introduce innovative features, including: Real-time AI-powered design. Instant budget estimates. An Intelligent Materials Engine, providing customers with complete clarity from the very start of their renovation journey. A Comprehensive and Transparent Business Model Unlike traditional renovation services, Reno integrates all stages of the renovation process into a single platform, covering design, project management, contractor oversight, and financing options. One of its signature offerings is the "Renovate Now, Pay Later (RNPL)" financing option. This model provides a transparent, structured, and fully supervised renovation experience, giving homeowners and property investors unmatched control and visibility through AI-driven workflows and transparent, milestone-based processes. Control and Growth for Investors: Ibrahim Shami, CEO and Co-founder of Seraya (one of the fastest-growing short-term rental operators in the UAE), leveraged the RNPL financing options to renovate multiple units without paying upfront. Reno's support helped him double his portfolio's renovation pace from two to four apartments per month, effectively turning a renovation "bottleneck into an opportunity to expand faster and smarter." Reducing Stress for Families: For a customer like Camillo Schobesberger, a busy professional, the platform-driven approach transformed his renovation into a smooth, structured experience thanks to daily updates, clear budget oversight, and milestone-linked payments. He noted that the platform "made the renovation journey smooth for my family, minimising disruption," and the carefully managed upgrades "increased my property value by nearly 40%." Expansion Outlook Marc Michel, Co-founder and CEO of Reno, stated: "Our goal is to make home renovations as seamless and transparent as possible." With the new $4 million funding, Reno plans to expand its geographical footprint across the GCC region, scale its technology capabilities, and continue to refine the renovation experience. By leveraging innovation and data-driven workflows, Reno is redefining how renovations are managed, helping clients save time, reduce stress, and maximize their property value.

TERN Group Raises $24 Million to Expand Partnerships Across Europe and the Gulf

TERN Group, an AI-powered global workforce-mobility platform for healthcare professionals headquartered between the UK and the UAE, has secured $24 million in a Series A funding round, bringing its total capital raised to $33 million. The round was led by Notion Capital (UK) with participation from EQ2 Ventures (UAE), RTP Global, LocalGlobe, Leo Capital, Presight Capital, and investor Tom Stafford, co-founder of DST Global. Founded in 2023 by Avinav Nigam and Krishna Ramkumar, TERN trains, certifies, and places healthcare professionals from 13 countries, cutting international hiring timelines from 6–12 months to under 10 weeks. The new funds will be used to: Scale the company’s AI platform. Enhance training and compliance infrastructure. Strengthen partnerships with healthcare providers across the Gulf region while supporting growth in Europe and the UK. CEO Avinav Nigam emphasized TERN’s mission to make global healthcare hiring faster and more transparent, noting the UAE’s rapidly growing demand for skilled professionals—healthcare spending there is projected to exceed $50 billion by 2029. The platform already serves more than 650,000 healthcare professionals and over 100 healthcare organizations, offering end-to-end solutions including résumé analysis, compliance tracking, and initial interviews, with a support team that assists candidates with training, relocation, and cultural integration. Notion Capital highlighted TERN’s ability to address the global shortage of healthcare workers by combining AI-driven efficiency with strict regulatory compliance, making it a trusted partner for health systems in the UK, UAE, Germany, and beyond. With this investment, TERN Group plans to accelerate expansion in the Gulf and deepen integration with regional health systems, building a sustainable workforce infrastructure that enables hospitals and governments to meet rising healthcare demand efficiently and confidently.

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