Los United Arab Emirates They are looking, more and more, towards the so -called “On global”, With the idea of diversifying its foreign policy and looking for New alliances in sectors ranging from the Port Logistics to the Agribusinesslas renewable energieslos Strategic minerals and the New technologiesfrom the rise of the artificial intelligence.
In October 2024, the Argentine Congress made the law the Agreement for the promotion and reciprocal protection of investments between our country and United Arab Emirates. The bilateral treaty “Open the door to higher investment flows”said the doctor Al-ALI. He stressed that the document provides legal certainties and contemplates Dispute solution mechanismselements that described as “essential” for long -term investments.
Within the framework of his recent visit to our country, the CEO of the consultant Trends Research & Advisory, Mohammed Abdullah al-Alihe talked with DEF about the opportunities offered by Latin America and, particularly, Argentina.
-In the current context of multilateralism crisis, what does it represent for the Arab Emirates together their entry to the BRICS group, now known as BRICS+, starting in January last year?
-He entrance to the BRICS represents a Strategic turn in the foreign policy of Arab Emirateswith the objective of reinforce multilateral cooperation and diversify our alliances internationally. At a time when the framework of global governance is in tension, BRICS They are a platform to promote South-South Cooperationstrengthen the voice of Emerging economiesSy redesign the global governance in a more inclusive direction and in the construction of a multipolar world. It is not, for the Emirates, only an economic issue, but sought to achieve a New balance of international power and forge a future in which cooperation is not limited to traditional alliances, but is driven by mutual respect, pragmatism and, of course, shared interests.
-In 2024, the Argentine Congress approved the regime of incentives to large investments (Rigi), with a special focus on energy and mining sectors. What are the emirati investment possibilities in these areas?
-He Rigi It aligns perfectly with the Emirati investment priorities. In energythe country has entities such as Masdar y Mubdala, that are very well positioned in sectors such as generation from renewable sourcesprojects related to hydrogen and the Energy infrastructure. Meanwhile, in the field of miningArgentina presents opportunities to build strategic alliances in sectors such as lithium and the critical minerals. Especially at times when Emirates are promoting investments in Green technologies and in Electric mobility. With those capitals, added to technological experience and global alliances, we can contribute to accelerating the Argentine transition to a more sustainable and resilient energy future.
Through its two giants in the Logistics and Port Operation sector, DP World y AD Ports GroupEmirati capitals are already present in the region and also in our country. In Buenos Aires, DP World is the majority shareholder of Rio de la Plata terminals (TRP)Concessionaire of terminals 1, 2 and 3 of the new port. DP World The Puerto de Santos (Brazil) and the South container terminal (south spring) of the Puerto del Callao (Peru).
-What are the emirati objectives in port and logistics matters?
-The port and logistics expansion is central in the Emirati vision of becoming a hub global commercial. These investments are looking for guarantee supplies chainfacilitate South-South trade and contribute to global resilience in disruptive times such as those we live. At the regional level, the infrastructure provided by the Emirates contributes to the Inclusive development of countries in Africa, Asia and Latin America. Globally, these investments reinforce the country’s role in the Tomorrow logistics designin which efficiency, digitalization and sustainability will be vital elements.
-Sando a country until a few years ago prevalently dependent on hydrocarbons, Arabic Emirates have managed to double their installed power of renewable sources between 2022 and 2024, from 3100 to 6000 megawatts. How does the country face this energy transition?
-The progress in the matter of Clean energy He had two great flagship projects: Noor Abu Dhabi – the largest photovoltaic solar plant in the world, with 1200 megawatts installed– and the parque solar Mohammed Bin Rashid Al Maktoum –What will have a total installed capacity of 5000 megawatts, planned to be inaugurated in 2030. He aim es reach los 14,000 megawatts installed of clean energy in 2030 and become a country neutral in carbon emissions by 2050. The diversification of our economy is in an advanced stadium: currently, non -oil sectors contribute to More than 70 % of GDP. Renewable energies, technology, tourism, logistics and finance are the key pillars of the POSPETROLERA VISION OF THE UNITED Arab Emirates.
-A milestone in the global leadership of the country was the celebration of COP28 in Dubai. What did this conference of global reach for the Emirates?
-The COP28 Dubai was a historical moment for the United Arab Emirates and for the global climate diplomacy. It was the first parties conference organized by a member of the Organization of oil exporting countries (OPEC)with a bold purpose: make the Energy producing countries they lead the Sustainability agenda. Emirates positioned themselves as a Bridge between developed countries and those on development and among fossil and innovative resources producers in terms of green energies. Among the initiatives promoted, is the Damage and Damage Response Fund –Dested to the countries most vulnerable to climate change– and commitments such as tripling the production of renewable energies worldwide And the emphasis on calls “climatic finance”, Which demonstrated pragmatism and inclusive and realizable solutions in the field.
A recent report by the Trends Consultant provides that the market of the artificial intelligence in the United Arab Emirates reach an exponential growth in 2030by exceeding the 46.3 billion dollars. This would represent the 14 % of GDP Emiratí and would cross different sectors, from public health and finance to transport, energy and government services.
-What scenarios glimpse Trends regarding the impact of artificial intelligence on the economy of the future?
-We will see three great scenarios in which AI will have a lot to say. On the one hand, the acceleration of the intelligent public administration and the supply of services. Second, the emergence of industries and startups fed by AI. And a third element will be the Redefinition of the labor marketwhich will require the creation of highly qualified and oriented positions towards technology. The proactive investments of Arab Emirates in AI in the sectors of the Government and Public Administration, Education and Infrastructure will allow achieve equitable, safe andmost importantly, founded on an ethical vision of AI.
