INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Human capital drives UAE’s future plans: President

Sheikh Khalifa bin Zayed Al Nahyan.
  • Sheikh Khalifa bin Zayed Al Nahyan said the founding fathers built a modern motion by embracing sustainable development as a guiding principle.
  • UAE’s strategy to attract and retain talent has raised its stature at the Gulf, Arab, Islamic and global levels, he said.

The UAE President Sheikh Khalifa bin Zayed Al Nahyan said on Wednesday that the country’s founding fathers built a modern nation by embracing sustainable development as a guiding methodology.

He said the UAE derives its human, socio-economic and cultural clout from robust constitutional, organizational and structural tenets.

In a statement to the UAE Armed Forces’ magazine ‘Nation Shield’ on the occasion of the UAE Golden Jubilee, the President said, “In line with the ‘Principles of the 50th’, the UAE will continue to steadily pursue a solid ecosystem of well-established values and principles, with human capital lying at the heart of UAE Strategy for the Future.”

“It’s this resilient set of legislation that’s enabled our nation to establish a coherent society with a knowledge-based, innovation-driven economy, a world-class healthcare system, an advanced education sector, an integrated modern infrastructure, environmental sustainability, and an enviable status in global competitiveness rankings,” he added.

He said the UAE has come a long way in empowering women and youth, and developing a diversified economy.

The outer space welcomed our first Emirati astronaut and our Hope Probe in historic milestones that have made our nation the first in this sphere in the Arab region and the fifth worldwide,” he said.

The President said that the UAE launched the Arab region’s first multi-unit nuclear plant that turned the UAE into a regional hub for renewable and clean energy.

We’ve adopted a national strategy to retain and attract talent in a way that further reinforces the UAE’s stature at the Gulf, Arab, Islamic and global levels. And under the theme ‘Connecting Minds, Creating the Future’, we’re hosting Expo 2020 Dubai, the world’s greatest show for the first time in the region’s history.”

The President said: “Thanks to this enviable track record of achievements, we’re ushering in the next 50 years of our history with a comprehensive, long-term, and well-thought-out strategic vision, based on meticulous pursuance of excellence to secure a brighter future for future generations, who, by the time they will be celebrating our Centennial 2071, will see their nation amongst the best in the world thanks to a sustainable and vibrant economy.”