Dubai FDI showcasing emirate’s entrepreneurship opportunities at Web Summit 2019

Dubai FDI

Dubai FDI, the investment development agency of Dubai Economy, has established a partnership programme with the Web Summit 2019, to showcase Dubai’s strategic advantages for global businesses, startups and talent, as well as global growth opportunities for entrepreneurship and innovation.

Team Dubai Advantage, representing Dubai at the Web Summit held in Lisbon, Portugal from today (November 4) to November 7, 2019, includes delegates from Dubai FDI, Dubai Future Foundation, Dubai Tourism, Dubai Multi Commodities Centre (DMCC) and Dubai International Financial Centre (DIFC), along with Dubai Future Accelerators members from Dubai Electricity and Water Authority (DEWA), Etisalat and Emirates Airline.

CEO, Dubai FDI, Fahad Al Gergawi declared: “The Web Summit is an ideal venue to showcase Dubai’s achievements, future plans and investment opportunities, as well as raise awareness about its growing startup ecosystem services, incentives and future growth outlook.”

AIME Feb 2020

Under the theme ‘Grow with Dubai’, Team Dubai Advantage will engage with the largest global gathering of investors, global business leaders, startups, entrepreneurs and media over the four-day programme, which includes a showcase lounge for meetings and networking, featuring digital investment opportunity briefs and Virtual Reality tour of Dubai, the smart and sustainable city of the future, the gateway to regional growth markets and the pivotal hub in the global economy.

A dedicated ‘Dubai 4.0’ workshop will be held as part of the Web Summit programme, to highlight Dubai’s drive to lead with innovation, as the fouth industrial revolution technologies converge into the fabric of the city creating new opportunities for growth and partnership across key strategic sectors: energy, aviation, travel, tourism, trade, e-commerce and financial services.

Executive chairman and CEO, DMCC, Ahmed Bin Sulayem commented: “I look forward to Web Summit 2019. The most influential and aspirational minds in the tech world will gather in Lisbon to transform the future, and it is absolutely critical that Dubai has a voice in this important conversation.

“Team Dubai Advantage has a clear message to share with over 70,000 delegates expected in Portugal; Dubai is the destination for pioneers. The city is one of the most technologically advanced in the world, and one that embraces innovation at every turn,” he concluded.

Dubai has made remarkable progress in attracting high-tech and specialised projects over the years. According to Dubai FDI Monitor, Foreign Direct Investment projects with high and medium technology components accounted for 47 per cent of total projects during the first half of 2019.