THE UAE ECONOMY’S TRANSFORMATION UNDER SHEIKH KHALIFA’S LEADERSHIP

Sheikh Khalifa bin Zayed, presided over the UAE’s transformation into a progressive economy.

Diversifying the UAE economy to boost non-oil revenue, developing it into a regional and global financial and tourism hub with best-in-class infrastructure and transportation networks and promoting the growth of a business-friendly environment were among the many milestones achieved by Sheikh Khalifa.

The Emirates opened up property sales to foreign investors and built an attractive ecosystem for small and medium-sized enterprises under his watch.

Aōer succeeding the UAE Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, as President in November 2004, Sheikh Khalifa brought his long experience at senior levels of leadership to bear in charting the modernisation of the seven-emirate federation and ensuring its con?nued economic relevance both within the region and beyond.

“Sheikh Khalifa is recognised for bringing the UAE, a modest desert sheikhdom of seven emirates, to international fame and guiding the country through challenging times,” said Vijay Valecha, a chief investment officer of Dubai-based Century Financial.