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From The Report: Abu Dhabi 2020
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Having declared its independence from the UK in 1971 as part of the federation of the UAE, the emirate of Abu Dhabi has significantly raised its political and economic profile in the intervening years, both regionally and internationally. While the emirate is home to the world’s sixth-largest proven oil reserves, financial buffers have helped it diversify and yield steady non-oil revenue. Centred on the Abu Dhabi Economic Vision 2030, an economic development strategy launched in 2008 to reduce dependence on oil and gas and foster a knowledge-based economy, the emirate has made important strides towards securing its growth plans amid global and regional risk. This chapter contains viewpoints from Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs; Narendra Modi, Prime Minister of India; and an interview with Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, CEO, Alliances for Global Sustainability.

Articles from this Chapter

Overview

Forward thinking: The emirate continues on a path of prosperity, with a focus on developing a sustainable and diversified economy
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Having declared its independence from the UK in 1971 as part of the federation of the UAE, the emirate of Abu Dhabi has significantly raised its political and economic profile in the intervening years, both regionally and internationally. While the emirate is home to the world’s sixth-largest proven oil reserves, financial buffers have helped it diversify and yield steady non-oil revenue. This has largely taken the form of expanding domestic industries, from aviation to renewable energy,…

Viewpoint

Resilient future: Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, on how the UAE is overcoming Covid-19 and ensuring sustainable development
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Viewpoint:Mansour bin Zayed Al Nahyan The UAE – under the leadership of Sheikh Khalifa bin Zayed Al Nahyan, president of the UAE and ruler of Abu Dhabi, and Sheikh Mohammed bin Rashid Al Maktoum, vice-president and prime minister of the UAE, and ruler of Dubai – is capable of overcoming crises. This is due to both the capacities of the country and the efforts of its citizens and residents. As such, the country is confidently and rapidly moving forwards with its economic development while…

Interview

Going green: Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, CEO, Alliances for Global Sustainability, on the creation of an environmentally conscious economy
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Interview:Sheikha Shamma bint Sultan bin Khalifa Al Nahyan What impact will environmental sustainability practices have on global economic growth? SHEIKHA SHAMMA BINT SULTAN BIN KHALIFA AL NAHYAN: There has been a long-standing debate about the relationship between sustainability and economic growth, due to misconceptions that they are mutually exclusive. In reality, the two are closely linked, especially as the green economy becomes more standard around the globe. Stakeholders are increasingly implementing environmentally friendly practices and adapting to market demands. In the utilities sector, for example, efficient water usage is…

Viewpoint

Depth and drive: Narendra Modi, Prime Minister of India, on bilateral cooperation
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Viewpoint:Narendra Modi The UAE is among our most valued allies and a close friend in an important region. The UAE is an important partner in our growth story, and we welcome the UAE’s interest in investing in our infrastructure. We are working to connect institutional investors in the UAE with the National Investment and Infrastructure Fund, and we have become a key partner in infrastructure projects for Expo 2020 in Dubai. India and the UAE can jointly tap opportunities associated with…