 So Mr. Almazuri great pleasure to have you with us. Thank you, sir You are our host here in UAE. So it's a great pleasure to be with you and You are heading here the federal Chamber of Commerce besides of running a very successful private business and I wanted to see and hear your perspective on this world as we have just seen it now Please thank you and good afternoon everyone. I Would try to summarize My remarks and six points and I would like to Focus more in our region because I think My colleagues before me and after me will talk more about the global issues The world of money and business cannot be separated from the geopolitical changes since the these changes will be Definitely cast its shadow in the economic and social reality in general Especially with the increase of challenges and considering the fact that the world is heading towards a wide scale crisis such as the war in Ukraine and not to mention the impact of COVID-19 in the world The impact was great Number one the food supply chain around the world Were impacted the pandemic left huge mark on the economies of many countries around the globe second the huge increase in oil and gas prices and the rates of inflation as well as economic recession no doubt that the Geopolitical changes are among us the most significant factors to affect the world economic ecosystem, which makes us think of how to prepare and how to imply strategic investment in the business in a way that minimizes your political tensions, which can be done through, one, increasing business flexibility and resilience, adopting developing practical methodologies for risk management and geopolitical crisis. Economy adaptation with the reality and turning challenges into opportunities and tools that can use to minimize economic shocks and sudden crisis. Three, the strategy. Geopolitical flexibility is the one key features of UAE. Our government has adopted forward-thinking ideas and visions for the management and emergencies. The UAE showed great flexibility in containing the impacts of COVID-19 pandemic. For example, the advanced infrastructure logistics innovations helped greatly in limiting the implications of pandemic and helped returning back to normal as soon as possible and moving towards a more prosperous lifestyle and stronger economy. It created a model that can coexist with the current situation while minimizing their impact as much as possible. The government has placed an agenda with a clear vision and a new system to measure production. It also amended the rules and regulations to align the new update objective and priorities. It abandoned the old and traditional ways of work and adopted digital transformation, such as having some categories to work remotely from home. It utilizes new and smart solutions and technologies in providing 95% of services, including but not limited to digitalization of UAE chambers, its services, membership, certificate of origin at the station, and documentation. By looking into the economy of UAE, we see that it possesses excellent economic features, investment environment, and a stable political landscape that can keep and growing despite the economic recessions around the world from time to time among these features. Strategic location, promise, economic environment, solvency and sovereignty funds, flexible economic laws and ease of doing business, stable currency, lack of restriction, tax legislation, free zone and specialized economic zones, and foreign ownership up to 100% of companies to do business in the country. Competitive labor costs, in addition, UAE economy is one of the biggest economies in the Amina region and business hub for Asia, Europe, and Africa. These competitive features are witnessing constant enhancement to serve private sector investors, entrepreneurs, to enable them to grow and expand regionally and internationally. Thus transforming UAE into destination for world investment, developing government work system. Federal and local government sectors demonstrated high level of readiness, efficiency in developing work system in line with the UAE post COVID-19 strategy. They maintained their momentum and proved the country ability to crisis management. Top the world countries in limiting the impact of the pandemic and returning back gradually to normal life utilizing sound plan and detailed roadmap to future foresight. The role of business and future foresight. The UAE has deployed strategies with future foresight and intensified programs and plans while being more diversified, flexible, and comprehensive. Many years ago, the government in UAE has implemented the fourth industrial revolution strategy which aims to transform the UAE industrial base into globally competitive, productive, sustainable sector at the cutting edge of the fourth industrial revolution. The strategy also aims to achieve future security of water, food supply using bioengineering science and advanced renewable energy technologies. Enhance economic security by adopting digital economy and blockchain technologies and the financial transaction and services. The US is the utilization of satellite data in planning future cities and develop advanced defense industry by developing national industry in the field of robotics and autonomous vehicle technology. The UAE also enjoy an economy that is open to the world with multinational companies. Many international companies have relocated their headquarters to UAE which positively impacted the development of economic aspects and sector including tourism, industry, agriculture, food, and space industry. The government in UAE has also launched a national strategy and new legislation to initiate and encourage manufacturing. Among these strategies in UAE industrial strategy, what they call Operation 3 Billion, which aims to develop a UAE industrial sector and enhance its role in simulating the national economy and raise industrial sector contribution to the GDV from UAE Durham 133 billion to 300 billion Durham by 2030. The launch of Abu Dhabi new industrial strategy with a 10 billion funding scheme across six transformational programs in integrating international forums and events to develop the local industry such as make it in the Emirates Forum. Providing diverse facility for investors such as Bashar Service which offers investors and entrepreneurs in the UAE and all over the world innovative digital solution to start their business anywhere anytime. The government also launched the instant license initiative in Dubai which aims to speed up the setting of the business in addition to allowing foreign investors to full ownership of the business. The Federation of UAE Chambers encourage Emirates business owners to explore the investments climate of their countries and to cooperate with their counterparts in these countries and to set up companies. The UAE Chambers offers all the support companies needed for business, matchmaking and cooperation regionally and internationally. Thank you. Thank you very much. I think very interesting perspective to see how in this changing world I think UAE is a hub of economic political resilience and in a multipolar world I think you are also optimally positioned to play that role. Thank you very much for this introductory statement. We come back to a few questions later on.