The UAE’s economy will achieve new heights and create milestones under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, according to leading government officials.
The country will unswervingly continue to implement its comprehensive strategy and vision to build a sustainable knowledge-based economy that ensures a prosperous future for generations to come due to Investment entity in UAE.
Top officials say the UAE economy would continue its journey toward diversification as the new policy measures will help achieve sustainable economic growth in years to come.
Referring to the latest data, they said the economy would expand at least 6.2 per cent this year despite major challenges such as the Covid-19 pandemic, global economic slowdown, and inflation. They said the economy, valued at Dh1.489 trillion in 2021, may grow even faster due to an aggressive approach, visa reforms, and consistency in economic policies.
Clear economic vision
Sheikh Mohamed’s economic vision is based on accelerating the development and implementation of the country’s economy for the next 50 years, striding along with the fast-paced and multifaceted changes in the global economy.
His vision is focused on relying on knowledge, innovation and investment in people, according to the official news agency Wam.
“The vision will not only enhance the role of the private sector as an active partner in the economic landscape, promoting investment incentives, and ensuring more economic diversification, but it will also continuing to maximise utilisation of oil and gas resources and enhancing the nation’s ability to produce more renewable and clean energy in the coming decades, according to the report also get by smart landline phone.
More success ahead
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, reposed confidence in the leadership of Sheikh Mohamed and said the UAE would achieve more success and achievements
Blockchain investing in Dubai under the leadership of the new president.
“Today, we pledge allegiance to Sheikh Mohamed, the leader of our country, and we reaffirm our loyalty to our nation and wise leadership, to attain many firsts and cement the UAE’s position as a model of excellence and success to be emulated under his wise leadership,” Al Hussaini said.
Ready to accelerate
Younis Haji Al Khoori, undersecretary of Ministry of Finance, expressed similar views and said the nation will spare no efforts to realise the vision of Sheikh Mohamed.
Dr Mohammed Salim Al Olama, undersecretary of the Ministry of Health and Prevention (MoHAP), congratulated Sheikh Mohamed on being elected as President of the UAE.
“Electing Sheikh Mohamed as President of the UAE reflects the unity and strength of the nation and reaffirms the fact the UAE is determined to forge ahead towards making greater national achievements,” Al Olama said.
He said the UAE people have placed their faith and pledged allegiance to Sheikh Mohamed thanks to his exceptional leadership qualities, which he learnt from the UAE’s founding father Sheikh Zayed bin Sultan and future, in addition to his future foresight vision and development strategies.
“We are proud of him being our President. This will even fuel our love and loyalty to the nation and to a leader capable of taking the country towards new heights of growth and prosperity and meeting the needs of his people. Under Sheikh Mohamed’s leadership, the UAE will continue its journey towards the next 50 years to build on its renaissance and enhance its global reputation as an incubator for generosity, tolerance, brotherhood and humanity,” Al Olama said.
Achieving strategic goals
Massimo Falcioni, chief executive of Etihad Credit Insurance, paid rich tribute to Sheikh Mohamed being the new president of UAE and said he will lead the nation to achieve its strategic goals for sustainable
social and economic progress.
“On behalf of Etihad Credit Insurance (ECI), the UAE Federal export credit company, I would like to congratulate Sheikh Mohamed for being elected as the third president of the UAE,” he said.
Economy to grow
“Economic activity is likely to pick up further in the first quarter of 2022 as oil production rose due to further Opec+ quota increases.
“This year, economic growth is seen markedly above 2021’s rebound.
“Still, regional tensions, volatile oil prices, US monetary policy and new Covid-19 variants are key risks.
United Arab Emirates: Why Retail Brokers Are Flocking to the UAE?
The United Arab Emirates (UAE) has been opening up to the world of western and global finance over recent years. It includes brokers and trading platforms from the retail
Forex Forex Foreign exchange
for example, the converting of British Pounds into US Dollars, and vice versa. . All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. All one needs is a computer, an internet connection, and an account with a forex broker.
United Arab Emirates Attracting Brokers From Around the World
. The primary national entity is the UAE Securities and Commodities Authority (SCA). . Administratively and financially, it remains independent.
The most popular destinations for brokers are Dubai and Abu Dhabi.
Keep Reading
Another financial center and free economic zone within the country is the UAE capital, Abu Dhabi.
. Amana Capital, HYCM, HotForex, Pepperstone and many others operate under the supervision of the DFSA.
However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve? However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs.
UAE Traders Among Top Spenders in FX Trading Market
The ‘depth of portfolios’ is also essential.
But, how do the conditions look now? The latest data from cPattern clearly shows that trend remains unbiased. Moreover, UAE retail traders were withdrawing a lot of funds: the monthly average for 2021 was $7,572. However, this is still significantly less than the average deposit value.
In the UAE, throughout 2021, the indicator reached an average value of $2.2295, which is well above competing jurisdictions.
In Australia, by contrast, it was just over $1,000.
United Arab Emirates Attracting Brokers From Around the World
The primary national entity is the UAE Securities and Commodities Authority (SCA). Administratively and financially, it remains independent.
The most popular destinations for brokers are Dubai and Abu Dhabi.
Keep Reading
Another financial center and free economic zone within the country is the UAE capital, Abu Dhabi.
. Amana Capital, HYCM, HotForex, Pepperstone and many others operate under the supervision of the DFSA.
However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve? Read this Term, which supports our business goal to provide the highest quality solutions and technological support for our customers.
UAE Traders Among Top Spenders in FX Trading Market
The ‘depth of portfolios’ is also essential. Traders from the United Arab Emirates were sending on average $15,045 to their forex accounts.
But, how do the conditions look now? The latest data from cPattern clearly shows that trend remains unbiased. Moreover, UAE retail traders were withdrawing a lot of funds: the monthly average for 2021 was $7,572. However, this is still significantly less than the average deposit value.
In the UAE, throughout 2021, the indicator reached an average value of $2.2295, which is well above competing jurisdictions.
. In Australia, by contrast, it was just over $1,000.
