Dubai-based Indian business body signs MoU for FDI summit

A Dubai-based business council has signed a MoU with the Annual Investment Meeting (AIM) for its participation as an official supporting partner for a three-day event here to attract FDI.
The AIM is a Foreign Direct Investment-focused event which is to be held here from April 11-13 next year and is the first collaboration between the Indian Business and Professional Council (IBPC) and AIM.
The memorandum of understanding (MoU) was signed by Kulwant Singh, President of IBPC and Dawood Al Shezawi, CEO of AIM.
This MoU reinforces the goal of providing an effective platform to Indian businessmen and professionals to network and exchange information related to business opportunities in India and UAE.

It affirms the commitment of both parties to work together in promoting an environment conducive for businesses to flourish and fostering harmonious relations that will induce further investments.
The event will include a thought leadership conference, an exhibition, a ministerial roundtable, global leaders' debate, country presentations, capacity building workshops, and bilateral G2G, G2B and B2B meetings.

Every year, the event draws in the participation of over 120 countries, over 100 heads of states and governments, 15,000 businessmen and investors, and announcements of multiple projects worth billions of dollars.
'The New World of FDI, Key Features and Best Practices' is the theme for AIM 2016.

This upcoming 6th edition will be the largest and most diverse to date where high-profile government and private sector representatives will convene and address several investment-related issues and activities.
"Optimistic about the prospects of fostering a better relationship between the government and private sector pertaining to establishing and maintaining businesses in the UAE, IBPC President, Kulwant Singh said.
"We feel that if challenges are addressed, more investors from India will be encouraged to come into the country," he said.
"AIM will tackle the importance of new sources of FDI, even those coming not only to but from emerging economies, India being one of the fastest growing economies in the world. It is thus timely to discuss the policies and best practices that will promote and encourage such investments," Dawood Al Shezawi, CEO of AIM said.