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Wednesday, August 28, 2024

UAE: MBZ’s economic vision amid regional instabilitynote

Emirati President Sheikh Mohammad Bin Zayed (MBZ) firmly rejects the portrayal of the UAE as a haven for the world's billionaires, as it fails to capture his broader vision for the country's future economic role in the Middle East and beyond.

Instead, MBZ envisions the UAE as the land of promising investments under all circumstances.

In this regard, the Crown Prince of Abu Dhabi Sheikh Khaled Bin Mohammad Bin Zayed was quoted as saying that the UAE is considering offering a range of incentives designed to attract major Western and Asian companies.

The note provides a comprehensive overview of the following aspects:

- MBZ’s economic vision

- The incentives provided to major foreign companies

- The impact of the normalization process on UAE’s economic standing as perceived by UAE National Security Advisor Sheikh Tahnoon Bin Zayed

The note also highlights Emirati senior officials’ views on economic partnerships with Russia and China.


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