SPIEF 2023 Completes Offsite Session: cooperation for Economic Growth and People’s Well-being

SPIEF 2023 Completes Offsite Session: cooperation for Economic Growth and People’s Well-being

The third offsite session of the St. Petersburg International Economic Forum 2023 (SPIEF 2023) took place on the sidelines of the major investment forum AIM Congress 2023 in Abu Dhabi.

The offsite session was held under the theme ‘Russia and the Middle East: Cooperation for Economic Growth and People’s Well-being’ and featured discussions about tourist flows between Russia and the Middle East, which has long been supplemented by financial flows, business missions, scientific and educational exchanges, and cross-cultural projects.

“Russia has been and remains a reliable partner of the UAE and an open economy. The transformation of international cooperation is one of the top priorities amidst sanctions. Developing multifaceted mutually beneficial cooperation with the countries of the Middle East and North Africa is one of the priorities of our country’s foreign economic policy,” Russian Minister of Economic Development Maxim Reshetnikov said.

The opportunities offered by the SPIEF platform will not only help to fully unleash the potential of the UAE as an important strategic hub, but will also provide an additional impetus to the development of bilateral relations between the countries. During his speech, Roscongress Foundation Chairman of the Board and CEO Alexander Stuglev said: “This year, the Emirates will serve as a guest country at the SPIEF: this status of participation not only entails an extensive business programme, but a full-scale presentation of the country at the largest international platform – its culture, traditions, and investment potential. Over the course of several days, the Emirates will enrich the business and cultural life of St. Petersburg.”

The Roscongress Foundation was not just limited to organizing the session in its visit to the UAE, but also coordinated a full-fledged business mission together with Synergy University.

“Synergy has been operating in the UAE for more than 10 years, and we are happy to share our expertise and experience with Russian entrepreneurs. We work simultaneously with businesses in several areas, providing comprehensive support on all issues that may arise in the process of entering the market of the United Arab Emirates. This includes the educational programme Open Dubai, which more than 500 people visited during the year, many of whom have already begun to discover a new market, and thematic conferences on topics that are important to and in demand among business. The last and equally important focus of our work is the organization of business missions for entrepreneurs who are ready to enter a new market. During such events, we introduce participants to the UAE business world and help them meet with investment funds, local companies, and real estate and cryptocurrency players,” Synergy Corporation President Vadim Lobov said.

The St. Petersburg International Economic Forum will take place on 14–17 June 2023 at the ExpoForum Convention and Exhibition Centre in St. Petersburg.


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