A report published by our newspaper a few days ago caught my attention. It stated that the United Arab Emirates is no longer satisfied with oil revenues as the cornerstone of its economy. Instead, it now reaps annual returns from its foreign investments that exceed those of 'black gold' by more than a third, surpassing $125 billion annually, compared to about $95 billion from oil. This is a clear indication of a profound strategic shift that is measured not only by numbers but also by a change in direction. The story of the UAE's economy is no longer told from the mouth of an oil well, but from investment maps that span the globe. 'Black gold' has ceased to be the main protagonist and has faded into the background, with investment taking center stage as the defining feature of a new era. This era is managed by strategic thinking that doesn't wait for surprises but creates them.
UAE Economy: Oil Yields to Investments
The UAE is making a strategic shift as foreign investment returns exceed oil revenues, reaching $125 billion annually, marking a new economic era.