Interview :Mohamed Juma Al Shamisi What advantages can Abu Dhabi’s seaports leverage as cargo destinations? MOHAMED JUMA AL SHAMISI: Over the past years we witnessed the growth of global shipping alliances, a trend that benefitted us as we have worked to develop close partnerships with shipping companies such as COSCO SHIPPING Ports (CSP). In December 2018 CSP inaugurated its Middle East…
Interview :Maktoum Ali Al Sharifi What is the safety and security profile of Abu Dhabi, and how are the police facing existing and emerging threats? MAKTOUM ALI AL SHARIFI: Abu Dhabi was ranked as the safest city in the world in 2017 and 2018 according to Numbeo, a website that collates data about cities and countries worldwide. Abu Dhabi ranked ahead of 337 cities and was identified as the…
Interview :Mohamed Jameel Al Ramahi What are Masdar’s investment priorities in adding suitable types of power to its regional energy mix? MOHAMED JAMEEL AL RAMAHI: Our focus is on expanding our MENA portfolio, as this market promises to be very active, largely driven by government generation targets and compelling economics. We see great potential in the UAE, while Saudi Arabia, which is…
Interview :Khamis Mohamed Buharoon In what ways can the standardisation of Islamic finance boost its overall attractiveness? KHAMIS MOHAMED BUHAROON: A body to oversee and regulate the Islamic banking and finance sector would definitely have a positive impact, as it would strengthen the consistency of how sharia-compliant products and services are offered to customers. It would also spearhead…
Interview: Sultan Al Jaber How have the shifting trends in global energy demand impacted ADNOC’s business model? SULTAN AL JABER: Global demand for energy continues to grow, but the demand dynamic is shifting from west to east. By 2040 non-OECD countries are set to account for over 70% of global demand, adding almost the equivalent current energy use of North America and Europe combined. A significant…
Interview :Awaidha Murshed Al Marar What are Abu Dhabi’s renewable energy generation goals, and how will these be met? AWAIDHA MURSHED AL MARAR: The emirate is currently working towards its goal to have 7% of total generation come from renewable sources by 2020. Due to record low prices of energy generated by solar photovoltaic (PV) systems, this is already one of the cheapest energy options…
Interview :Mohamed Thani Murshed Al Rumaith In what ways can industrial policy help attract investments to technology-oriented segments? MOHAMED THANI MURSHED AL RUMAITH: The government has been promoting the private sector as the engine of economic growth. The 2016-20 Industrial Strategy aims to support highend, high-value-added sectors, such as downstream petrochemicals, pharmaceuticals,…
Interview :Ahmed Ali Al Sayegh What is ADGM’s take on cross-border connectivity? AHMED ALI AL SAYEGH: Situated at the heart of the East-West corridor, Abu Dhabi is a natural link to the markets of the Middle East and Africa, the Indian subcontinent, South-east Asia and China. In 2018 ADGM marked its third year of successful operation as an international financial centre established to support…
Interview :Sheikh Hamdan bin Zayed Al Nahyan How can the province support the energy sector’s growth in an environmentally responsible manner? SHEIKH HAMDAN BIN ZAYED AL NAHYAN Al Dhafra has the means and motivation to support energy’s growth in a fashion that preserves the environment for future generations. As part of UAE Energy Strategy 2050, Emirates Nuclear Energy Corporation is currently…
Interview :Khaldoon Khalifa Al Mubarak What are the main ways in which Mubadala is developing its capital allocation strategy? KHALDOON KHALIFA AL MUBARAK: As an active international investor, we are continually assessing our combined asset portfo- lio and capital allocation strategy in line with our principal goal of delivering attractive commercial returns for our shareholder, the government…
