Khalifa bin Zayed bin Sultan Al Nahyan
Born in 1948, His Highness Sheikh Khalifa bin Zayed Al Nahyan, UAE’s President and the Emir of Abu Dhabi is the successor of Late His Highness Zayed bin Sultan Al Nahyan.
Although His Highness Sheikh Khalifa bin Zayed Al Nahyan assumed the reins of Abu Dhabi and the post of UAE’s President following his father’s death in November 2004, he had been the acting President of the UAE, ever since 1990 owing to ill health of his father, Late His Highness Zayed bin Sultan Al Nahyan.
A prominent philanthropist and a leader with a futuristic vision, His Highness Sheikh Khalifa bin Zayed Al Nahyan featured in the Forbes list of World’s 50 most influential figures for his contribution of bringing the UAE on the global platform and fortifying the plans and work of his father.HH Sheikh Khalifa bin Zayed Al Nahyan proved his mettle as a great leader and able administrator at a very early age. He was given the reins of the Eastern Region of Abu Dhabi at the tender age of 18. He paved the way for oil and gas development in the area. His strong business acumen can be witnessed in the way he steered Abu Dhabi to economic diversification. It is due this foresight that in spite of the oil turmoil in the recent years, Abu Dhabi and the UAE experienced a steady economy.
HH Sheikh Khalifa bin Zayed Al Nahyan strongly believes that good governance and integrity is the key to UAE’s success and also advocates people participation in decision making. With this view, he vested greater powers with the Federal National Council. He chalked out ambitious infrastructural plans for the UAE and increased social expenditure, providing for housing, health, education and social welfare of the people.
To provide impetus to the business and aspiring entrepreneurs of the UAE and the local workforce, HH Sheikh Khalifa bin Zayed Al Nahyan granted financial and other aid for improvement in the agriculture sector. He strategically geared UAE economy by increasing the investments in the petrochemical sector. Today UAE is the most diversified economy in the Middle East according to the IMF. Currently Abu Dhabi’s non-oil sector GDP stands at 45%, of which 12.6% is contributed by the manufacturing sector. Abu Dhabi’s non-oil sector GDP is slated to increase to 64% by year 2030. Industries thriving in Abu Dhabi currently include petrochemicals, plastics, iron and aluminium industry.
The phenomenal growth and progress of Abu Dhabi and UAE in the recent years, is attributed to the sound and able leadership of His Highness Khalifa bin Zayed bin Sultan Al Nahyan. Thanks to the whole hearted efforts of His Highness and his vision, UAE’s non-oil trade crossed Dh270bn in Aug 2015. The reason for such astounding growth in the UAE is due to the ongoing efforts in fortifying the underlying infrastructure, sound business and economic policies and political stability. These features have transformed the UAE into a logistics hub for the international business fraternity who aspire to carry on business in Asia or Europe. In the coming years, UAE is poised to become one of the top 10 nations on the World Bank’s Logistics Performance index.