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United Arab Emirates and Economic Diversity

Economic diversity has become a milestone in the UAE, with its visionary leadership that seeks the way forward for future generations to continue the growth and prosperity following the steps of its father,  founder Sheikh Zayed may God have mercy upon him

In this context, the country has developed ambitious plans and launched pioneering initiatives aimed at encouraging investments in various sectors to ensure diversity and spread in various fields that support economic growth.

His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said “we will celebrate the export of the last barrel of oil” to consolidate this approach and the future vision of the state, which works for a bright future of its coming generations that depends on other recourse for its economy.

Now, with the UAE government’s package of initiatives, all plans and projects are moving towards the goal of economic diversity through sophisticated industries and tourism facilities that attract millions annually, backed by state-of-the-art infrastructure designed to the highest international standards.

This is accompanied by a remarkable development in the facilities provided to attract investments through a full range of smart services that guarantee the ease and speed of completion of transactions, and provide a fertile environment for doing business and executing projects in accordance with a legal framework that protects the rights of all parties.

These common factors combine to make the UAE the front and the top always, ahead of time as usual, and move steadily towards a promising future that depends on the diversity of sources of income and the multiplicity of resources away from oil, ensuring continuity and sustainability to build a sustainable knowledge-based and human capital economy.

Rasha El Sharkawy

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