Sheikh Mohamed elected as new President; excitement, expectations abound as UAE pivots to new era of growth

  • Date: 17-May-2022
  • Source: Khaleej Times
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

Sheikh Mohamed elected as new President; excitement, expectations abound as UAE pivots to new era of growth

Business and expatriate community leaders are coming forward in droves to share their happiness, excitement and aspirations about the country’s future

Published: Mon 16 May 2022, 11:00 PM Last updated: Mon 16 May 2022, 11:04 PM

Prominent members of the UAE’s business, professional and expatriate community expressed their profound happiness and hopes about the continued prosperity and progress of the nation as His Highness Sheikh Mohamed bin Zayed Al Nahyan took up the mantle of the highest office from his departed brother Sheikh Khalifa bin Zayed Al Nahyan.

The ascension of Sheikh Mohamed as the third President of the UAE marks yet another defining moment for the nation that has just completed 50 years of breathtaking growth and all-round development to get elevated to the ranks of the topmost advanced countries of the planet during the past decade.

Under late Sheikh Zayed, the Father of the Nation, the UAE had achieved spectacular and sustained growth and prosperity for 33 years since 1971 to build and consolidate its foundation to enable the country to leapfrog to an exhilarating era of growth under Sheikh Khalifa from 2004.

The late leader presided over a period of incredible development and ground-breaking social and economic reforms for almost 18 years