The Abu Dhabi skyline. The five-day Unctad forum will take place a few weeks before the Cop28 climate summit. Khushnum Bhandari / The National
The Abu Dhabi skyline. The five-day Unctad forum will take place a few weeks before the Cop28 climate summit. Khushnum Bhandari / The National
The Abu Dhabi skyline. The five-day Unctad forum will take place a few weeks before the Cop28 climate summit. Khushnum Bhandari / The National
The Abu Dhabi skyline. The five-day Unctad forum will take place a few weeks before the Cop28 climate summit. Khushnum Bhandari / The National

Abu Dhabi to host Unctad's World Investment Forum in October


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Abu Dhabi will host the UN Conference on Trade and Development's eighth World Investment Forum in October as the UAE capital continues to attract global business events.

The forum will take place from October 16 to October 20 under the theme “Investing in sustainable development”, Unctad said on Thursday.

The event will gather global company chief executives and investment stakeholders to tackle the key challenges stemming from several crises, including the need to invest in food security, energy, health, supply-chain resilience, infrastructure and manufacturing in the least-developed countries, the UN body said.

“The World Investment Forum aims to bring them all together to make a positive contribution to addressing today’s most pressing issues, including through climate finance and investment,” said Unctad's secretary general Rebeca Grynspan.

The UAE has made a major push into energy transition — including being the first in the region to develop nuclear power and to set a net-zero target — making it well-placed as a host for the sustainability-themed event.

The country is also hosting Cop28 at Dubai Expo City over 13 days in November.

The five-day Unctad forum will take place a few weeks before the annual climate summit Cop28 in the country.

The forum will help policymakers and other stakeholders to find solutions and reach consensus on priority issues, and its outcomes will feed into Cop28 negotiations, Unctad said.

“At a time when much of the world is struggling with contracting markets and a post-Covid recovery that has yet to fully take hold, Unctad's eighth World Investment Forum is an important opportunity to take a long-term perspective,” Minister of State for Foreign Trade Dr Thani Al Zeyoudi said.

Global challenges covering systemic issues such as climate change, inequality and food security, as well as the pandemic’s impact on trade, investment and supply chain resilience require unity of purpose and action on an unprecedented scale, he said.

“It is fitting that the event takes place in the UAE, where we are continuously reinventing and remodelling our economy to anticipate future changes,” Dr Al Zeyoudi said.

UAE currency: the story behind the money in your pockets
The specs
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Lexus LX700h specs

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The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

UAE currency: the story behind the money in your pockets
Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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  • Source: Can be carried from distant regions
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Updated: January 19, 2023, 12:13 PM`