Profile

With substantial financial buffers and hydrocarbons reserves that are among the world’s largest, Abu Dhabi has increased its political and economic influence in recent years, both regionally and globally. From renewable energy to health care and aviation, a rapidly diversifying economy means that the emirate is well placed to weather the prolonged period of reduced oil prices that continues to impact growth. Plans for future development are mapped out in Abu Dhabi Economic Vision 2030. A comprehensive economic policy document, Vision 2030 aims to reduce dependence on oil and gas, thereby securing a more sustainable, knowledge-based economy for the emirate. Successive five-year plans within the framework of Vision 2030 aim to ensure the achievement of the plan’s goals.

This chapter contains viewpoints from Sheikh Hazza bin Zayed Al Nahyan, Vice-Chairman of the Abu Dhabi Executive Council; and Theresa May, Prime Minister of the UK; and an interview with Abdul Latif Al Zayani, Secretary-General, GCC.