Comprehensive and Integrated Development Vision

16/10/2019 Finance and investment | H.E Sultan Bin Saeed Al Mansoori

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The increased international confidence in the UAE economy and the country becoming an established favored destination for investors, entrepreneurs and innovators is the result of a combination of factors.

The first is the comprehensive and integrated development vision adopted by the wise leadership, which aims to comprise various institutions and bodies and work together to elevate the UAE’s position on the map of developed countries, as well as increase interest in investing and building national cadres across specific quality fields vital to the national economy.

All the indicators suggest the UAE is heading in the right direction having laid the foundations for a bright future many years ago and that the country is capable of enhancing its leadership position on the developed economies map, in line with the goals of the ambitious national agenda which aims to achieve first place in many development indicators across various fields and sectors.

The certificates issued by credible and transparent bodies solidify the UAE economy’s position as one of the most important regionally and internationally, emphasizing its capability to maintain growth, diversity and innovation and confirming the success of the policies adopted by the UAE in the economic, financial and investment fields.

The country’s role as a strong financial center and a vital trade bridge between the East, West, North and South continues to become more and more important because of its infrastructure, advanced logistics capabilities and strategic location – making it an ideal trading partner for the region and the world.

Over the course of a few years, the country has achieved remarkable development in terms of its global position on competitiveness indicators. This is due to the principles of flexibility, freedom and openness being adopted, especially in the economic sectors of various activities and specifically in support of investment, which reflects positively on sectors such as infrastructure. transportation, industry and tourism.

The UAE's openness and determination to embrace creative ideas and projects in various fields has established the country as a land of opportunity and dreams because of its safe and stable environment, vital location, and legislation and strategies that motivate those who want to work, live and establish their business and investments with confidence. This also contributes to accelerating the UAE's steps to embody its vision and achieve a competitive economy based on knowledge, technology and innovation. These vital areas will be instrumental in driving the economy in accordance with the highest international standards and many worldwide reports have praised the excellence of the UAE economy and its openness to business and investment practices.

It is certain that one of the most important factors behind the growing confidence in our national economy, its high performance and its balanced and continuous growth is the wise leadership’s economic strategy based on diversity, flexibility and theoretical openness; which has worked to achieve goals through a set of initiatives and incentives characterized by continuity and change. Through the developments that take place at national, regional and international levels, achievements the interest of the State are continuously being made while institutions, the business community and those interested in economic affairs have also benefited from investment, the business environment and helped improve the quality of life, well-being and happiness.


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