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4th Abu Dhabi Economic Forum undertakes Abu Dhabi’s resiliency amid lingering effects of global downturn

4th Abu Dhabi Economic Forum undertakes Abu Dhabi’s resiliency amid lingering effects of global downturn

The Abu Dhabi Department of Economic Development and AL Iktissad Wal-Aamal Group, has announced the launch of the 4th annual Abu Dhabi Economic Forum, which will be held from 22-23 February 2010 at the Emirates Palace in Abu Dhabi. The Forum was announced during a press briefing attended by DED Undersecretary H.E. Mohamed Omar Abdullah and Faisal Abu Zaki, Deputy General Manager, Iktissad Wal-Aamal Group. H.E. Mohammed Omar Abdullah, Undersecretary of the Department of Economic Development, said: "The 4th annual Abu Dhabi Economic Forum will enlighten participants on Abu Dhabi’s position in the global economy, and shed light on the new infrastructure that has been put in place to help take the emirate into a whole new era of sustainable development. We expect to get more concrete answers to nagging questions during the Forum, especially those about economic recovery. The event will likewise explore several other important topics, including the latest investment opportunities, the shift of the world’s economic power, as well as new risks and opportunities. Moreover, this Forum is part of the tools that will help the Department of Economic Development promote a healthier business environment and ensure excellence in business at all levels." Faisal Abou Zaki, Deputy General Manager of Al Iktissad Wal-Aamal Group, said: "The Abu Dhabi Economic Forum this year carries a special importance related to both its timing and to the location. The forum is convening under continuing uncertainty about economic recovery and conflicting signs that are causing confusion and hampering investment and business, for that reasons the organizers decided to dedicate an essential part of the conference to debating this issue, as we hope this could provide a useful basis for further assessment and decision making. The regular host of the forum in Abu Dhabi reflects increased importance of Abu Dhabi in world economy and the impressive growth and fundamental strength of its economic model." He added: "The event started three years ago and continues to be the result of much appreciated cooperation and support by the Department of Economic Development in Abu Dhabi. The forum also owes its regularity and strength to the sustained support of Abu Dhabi government and to our valuable sponsoring organizations as well as to the 600 plus participants, and distinguished speakers and panelists whose presence has contributed so much to the success of this event." The 4th annual Abu Dhabi Economic Forum is expected to cultivate stimulating discussions on critical issues that will be conducted and moderated by government leaders from the government and the private sectors, policy makers, market strategists, investment advisors and prominent journalists the event is expected to attract a wide range of business leaders, policy makers and senior economists and leaders from more than 18 countries. The topics to be discussed at the Forum include "Anatomy of a Recovery", "G20 and the Global Shift in World Economic Power", "New Corporate Strategies: What Have We Learnt?", "The Changing Role of the Post Crisis Bank", "Investment: New Risks, New Opportunities", "Abu Dhabi Position in the Future Economy", and "Abu Dhabi new infrastructure paradigm".



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