Mohammed bin Zayed..a new era to achieve the economic fiftieth and the vision of the coming centenary
With the unanimous election of the Federal Supreme Council today, His Highness Sheikh Mohamed bin Zayed Al Nahyan, as President of the United Arab Emirates, the UAE continues to implement its comprehensive strategy and vision to build a sustainable knowledge economy that guarantees a prosperous future for future generations, and builds the future on solid foundations by accelerating the pace of Completing the fifty economic activities launched by the state and setting the vision and vision of the Emirates for the coming centenary.
In this report, the Emirates News Agency, WAM, monitors features of the economic vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the State, may God protect him. His Highness's visions are based on accelerating the implementation and development of the fiftieth economic plan in line with the changes of the global economy and achieving national integration in all Economic fields across many axes, foremost of which are: the integrative economy, entrepreneurship, small and medium enterprises, tourism, foreign direct investment, doubling exports, and attracting and retaining talents and competencies, based on leading economic sectors and a developed legislative environment that protects and stimulates investment.
His Highness’s vision includes relying on knowledge, innovation and investment in people, enhancing the role of the private sector as an active partner in all stages of economic work, increasing investment incentives, and more economic diversification through several main pillars at the forefront of the industry, while continuing to raise the maximum capacity to benefit from oil and increase the state’s ability to Producing more renewable and clean energy in the coming decades.
His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the State, "may God protect him," stems from the efforts and keenness of the late Sheikh Zayed bin Sultan, "may God rest his soul" and the late Sheikh Khalifa bin Zayed Al Nahyan, "may God rest his soul," in finding resources and harnessing resources. and making the most of them, establishing the path of Zayed and Khalifa, which was confirmed by His Highness’ saying during the opening of the 2015 Governments Summit: “We think and plan for the next fifty years, and for the benefit of generations, by building a diversified, solid and sustainable economy that does not depend on traditional resources and opens promising prospects that contribute to Strengthening the foundations and capabilities of the state.
His Highness' vision and directives had the primary credit for enhancing ADNOC's position, developing the energy sector and keeping pace with global changes by focusing on flexibility, adaptability and development.
The Emirates Post-Oil Retreat in 2016, which was held with the participation of His Highness Sheikh Mohammed bin Zayed Al Nahyan, "may God protect him" and his brother, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, "may God protect him", was a prominent point in the plans of the Emirates. For the coming decades, it dealt with the current situation of the UAE economy, and opportunities to develop the vital non-oil sectors in the country and enhance their efficiency in a way that contributes to strengthening the status of the country, as well as the future scenarios of the UAE economy, in which the most important scenarios that the government can adopt to make a shift were discussed. Quality and positive changes in a number of vital sectors, by focusing on developing these sectors and supporting Emirati cadres to lead them.
In September 2021, His Highness said in a tweet to him on Twitter, "The UAE has succeeded in establishing its position as an economic capital in the region and an ideal environment for business, due to its advanced infrastructure, digital infrastructure, services, security, and many capabilities and competitive advantages."
His Highness added: "The global economic campaign launched by the UAE places it in the heart of the world through the gateway to innovation, excellence and competitiveness, and consolidates its reputation as a vital economic center, the fastest growing and most sustainable."
His Highness’ vision ensures continuity of growth to ensure a safe and stable future for our children and grandchildren by enabling them to keep pace with technological developments and allowing them to harness their capabilities, capabilities and creativity in the new horizons of industry, advanced manufacturing, artificial intelligence, space, energy, pharmaceutical and food industries, and others.
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