Wednesday, June 20, 2018
UAE 2016

Economic Intelligence United Arab Emirates – Building a Knowledge Based Economy (2016)

Vision 2021 and the Dubai Expo form the basis of the UAE’s building for a future knowledge-based economy in a post-oil era. The new UAE vision focuses on creating a sustainable future through foreign direct investment, the building of a smart city, tourism growth, infrastructure, transport and energy, amongst many other sectors. The publication ‘Economic Intelligence UAE – Building a knowledge-based economy (2016)’ features articles by a range of government officials and other key national figures in the UAE’s quest for a knowledge-based economy.

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One aspect of the UAE’s economic growth is bilateral trade between the UAE and other countries. Renewable energy resources encourage investment and development in the area such as Masdar City – the world’s first zero-carbon, zero-waste and car-free city.
Two of the cities Ras-al-Khaimah and Sharjah will be key to shape the future tourism in the Emirates, as well as Dubai, the ‘smart city’. The World Expo 2020 masterplan is expected to result in 277.000 new jobs in the UAE, an injection of up to $40 billion into the economy.