The 168th G.I.L.C. Summit, held on April 4, 2024, served as a crucial meeting point for both established and new members. Esteemed investors and leaders from single family offices, along with forward-thinking professionals from various sectors and finance aficionados from over ten countries, showed keen participation. In an enthralling three-hour session, attendees actively networked and shared insights on current global matters and trends. The attendance of 25 investors from diverse nations underscored the event's success, showcasing the vast range of expertise and perspectives in this distinguished and exclusive environment.
What is happening in the UAE?
Dr. Hatem Goucha, Founder at NewEra Consult LLC, shared that the UAE, specifically Abu Dhabi and Dubai, is experiencing a positive shift in financing, driven by government action. He highlighted a recent government contribution of 150 million dirhams aimed at attracting investors in the social media sector. Goucha emphasized the impact of incubators like Hub 71 in Abu Dhabi, which offer substantial support to startups and play a crucial role in the economic development of the region. The government's efforts extend beyond these cities, with Sharjah and Ras al-Khaimah also making significant strides in drawing investment, particularly for small and medium-sized enterprises, thereby enhancing the overall investment landscape in the UAE.
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We express our gratitude to Femi Osemwegie, CEO at Value Homes for showcasing his compelling real estate development investment opportunity.
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