EDITORS NOTE
GCC set to power global economy
Dear Readers,
Welcome to our latest edition of Invest GCC magazine, where we bring you insightful reports on key developments from around the world. From the upcoming World Economic Forum to the World Expo 2030, and from the Etihad Rail to Women Empowerment, we have got you covered on the most important events happening across the six-member Gulf Cooperation Council. The World Economic Forum, which is set to held in Davos (Switzerland) from January 19, 2024, has always been a platform for global leaders to come together to discuss and deliberate on the most pressing economic issues facing the world today. Invest GCC magazine, now a permanent publication at Davos, will not only facilitate GCC Governments in reaching out to global investors with solid investment opportunities but also engage public and private sectors on mega projects outside the energy sector. In this edition, we bring you a detailed report about its latest theme ‘Rebuilding Trust’, including discussions on climate change, digital transformation, achieving security and cooperation in a fractured world, creating growth and jobs for a new era, Artificial Intelligence as a driving force for the economy and society, and sustainable development. The announcement of the World Expo 2030, to be held in Riyadh, has generated much excitement and anticipation around the world. This will be the second World Expo in the region after Dubai successfully hosted first exhibition soon after the Covid-19 pandemic. This edition provides an in-depth analysis of the potential impact of the expo on the host city and the global economy, as well as the opportunities it presents for businesses and investors. The Etihad Rail project in the UAE is set to transform the country’s transportation infrastructure, logistics and boost economic growth. In this edition, we take a closer look at the project and its potential to create new opportunities for trade and investment in the region. Women empowerment has become an increasingly important topic in today’s world, and our magazine is committed to highlighting the efforts being made to promote gender equality and empower women in all sectors of society. We feature inspiring stories of women who are breaking barriers and making a difference in their communities. The GCC economic sectors continue to play a vital role in the global economy, and our magazine provides a comprehensive overview of the key industries driving growth in the region, including oil and gas, travel & tourism, healthcare, real estate, technology & innovation, and finance. Finally, the expansion of BRICS — Brazil, Russia, India, China, and South Africa — as an economic bloc is a development that has the potential to reshape the global economic landscape. In this edition, we explore the implications of this expansion and the opportunities it presents for businesses and investors. The GCC is at the epicenter of compelling changes redefining the global landscape and these latest developments are reflecting megatrends emanating from the region. We hope that you find the reports in this edition both informative and thought-provoking. As always, we welcome your feedback and suggestions for future topics and features. We invite you to join us as partners for the next issue of our newsletter and Invest GCC magazine.
Happy reading!
Sincerely,
M. Ali, Editor-in-Chief, Invest GCC: Davos 2024
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INVEST GCC: DAVOS 2024
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