On Tuesday, the work of the 12th Sir Anthony Ritossa Summit for International Family Office Investments was launched in Dubai, with the participation of the most prominent family offices and individual investors from the Middle East and the world, whose wealth exceeds $ 4.5 trillion.
At the summit, which will be held at the Waldorf Astoria Dubai Palm Jumeirah, for a period of three days, in the presence of the event’s strategic partner, Sheikh Ahmed bin Faisal Al Qasimi, more than 600 people representing the largest family offices and super high net worth individuals, in addition to a number of sheikhs, princes, and investment companies And representatives of sovereign wealth funds, for dialogue and exchange of visions and ideas on a number of issues and topics, the most important of which are investment strategies, thought leadership, family business governance, emerging technologies, philanthropy, and human capital, as well as discussing new trends, opportunities and challenges in the fields of Multiple.
The summit, which was restricted to invitees only, was held under the slogan “The Renaissance and Rise of Family Offices”. On its first day, a series of meetings and intellectual dialogue sessions, along with presentations, discussed some of the vital issues facing family office investments.
Sir Anthony Ritossa, Chairman of the Ritossa Family Office, a family business with a history spanning 600 years since the Venetian Empire in Europe, said: This edition of the event is the most prominent in the history of the global family office investment summit, as it is taking place against a backdrop of an unjust global health crisis. It is preceded by an economic crisis resulting from the outbreak of the “Corona” pandemic, as the pandemic posed great challenges for companies around the world, and it is certain that family offices, private investors and sovereign wealth funds are not an exception, but despite this, the encouraging thing is that we witness investment prospects The enormous opportunities offered by emerging technologies and rapidly developing sectors.
For his part, Mohammed Al-Ali, CEO and advisor to the Sheikh Ahmed Al Maktoum Foundation for International Investments, affirmed that the UAE constitutes a bridge and a transit point for companies across the region to various countries of the world … indicating that Dubai is the first economic city in the region in terms of attracting investors and companies of all kinds.
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