The UAE has announced an ambitious plan to develop its economy into the world’s best. The country’s Vice-President unveiled a 10-point document that will help realise the plan.
The guiding principles present the UAE as an integrated economy backed by a fully-developed digital infrastructure, secure systems and adaptable legislation.
Titled the ‘Economic Principles of UAE’, the document declares the country a globally open free-market economy that attracts the top talent from around the world. It highlights the country’s investments in the digital economy and its youth, while noting its sustainable and balanced economy.
In addition to a strong and stable financial system, the UAE offers a fair legislative environment, with transparency and the rule of law upheld. “The UAE’s business community is supported by a strong banking sector,” reads the ninth principle, while the 10th talks about its “finest transport and logistics infrastructure”.
His Highness Sheikh Mohammed bin Rashid…
