DUBAI, Oct. 22 (Xinhua) -- The World Investment Conference and Sharjah Investment Forum opened on Wednesday in the UAE emirate of Sharjah, drawing more than 10,000 participants from over 140 countries to discuss sustainable and resilient growth.

The two-day event, hosted by Sharjah's Investment Office in partnership with the World Association of Investment Promotion Agencies (WAIPA) and the UAE Ministry of Investment, marks the first time the World Investment Conference is held in Sharjah.

The gathering highlights Sharjah's efforts to attract investment and diversify its economy, following the example set by other UAE emirates, such as Dubai and Abu Dhabi.

More than 100 speakers, including senior government officials, business leaders, and academics, are addressing topics ranging from green investment and the digital economy to small-business growth, global value chains, and cross-border partnerships.

UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi told delegates the country ranked among the world's top 10 destinations for foreign direct investment (FDI) in 2024, drawing a record 45.6 billion U.S. dollars -- more than half of all FDI flowing into the Middle East.

"The UAE understands the needs of emerging economies and has built a model for success at home and abroad," Al Zeyoudi said. "Attracting and deploying investment requires collaboration, and this forum can help chart a new direction for global investment." ■