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- Dubai 04:14 05:35 12:18 15:44 18:56 20:17
Sheikh Mohamed speaks with bank employees during an iftar reception at Al Bateen Palace (Wam)
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received officials from Abu Dhabi Investment Authority (Adia), Mubadala Development Company, Higher Corporation for Specialised Economic Zones (ZonesCorp), Al Dar Properties, Emaar Properties, International Petroleum Investment Company (Ipic) as well as a number of national and commercial banks.
During the meeting which took place at Al Bateen Palace, Sheikh Mohamed stressed that the UAE, led by the President His Highness Sheikh Khalifa bin Zayed Al Nahyan, continues to work towards diversifying its economy in line with its vision for development and economic progress.
He added that economy is the pillar of the process of building and development where flexible and innovative economic policies are set to fulfil future demands and preserve the country's gains.
Sheikh Mohamed further noted that the country's economic foundations should be consolidated to address multiple developments and challenges in the post-oil era with polices based on diversification, R&D, innovation, and creativity.
He underlined the importance of using national capabilities to shape an overall economic vision that serves development and guarantees dignified life for generations to come.
He also called for capitalising on the potential of qualified national youth who can play an effective role in the country's development and progress under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan.
Sheikh Mohamed renewed his confidence in the ability of Emiratis to fare into future and achieve a prominent global economic stature for their country.
The Crown Prince of Abu Dhabi further underlines the importance of integration and harmony among various economic organisations for carrying out the country's sustainable development plans.
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended a lecture on digitisation, delivered by Mohamed Alabbar, chairman of Emaar Properties.
Al Abbar's lecture ‘Digitisation: Where Do We Stand?’ is the sixth in a series of lectures hosted by the majlis of Sheikh Mohamed bin Zayed during Ramadan.
The lecturer stressed that Arabs should change to become producers and not just consumers of digitised content which, he argued, is now is now in control of our reality, from home delivery and investment in the hotel industry to large-scale projects.
"The UAE has made huge progress in this field and is way ahead of other Arab countries, thanks to the wise policy pursued by the wise leaders" Al Abbar said.
He noted that an e-commerce, banking and logistics corporation will be launched by the end of this year in the UAE.
Prerequisites for catching up with the digital age include to taking great interest in the development and quality of education, legislation and infrastructure, he said.
He noted that the UAE was among the first Arab countries to fulfil these prerequisites.
The audience at the lecture included Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman; Dr. Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC); Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council; Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior.
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