This week, leaders of the United Arab Emirates gathered for the country's third Government Summit. Several sessions and presentations centered on the nation's energy future. After listening to the distinguished officials, it became clear that the UAE is committed to a diverse, robust economy that will thrive despite uncertain oil prices and decreasing reserves. The ministers all expressed hope for future generations of Emiratis and the opportunities in renewable energy and sustainable projects available to the world's major manufacturers. Here are 4 can't-miss quotes from the summit.
“We will look at the future with optimism even when the last barrel of oil leaves, because our youth, in whom we have invested, comprise our real wealth.” – Sheikh Saif bin Zayed, Deputy Prime Minister and Minister of the Interior
Oil To Account For Only 5% Of UAE’s GDP By 2021- Deputy PM http://t.co/kRqyc11Yji
— Gulf Business (@GulfBusiness) February 9, 2015
"This is something we are thinking about in our governments and we’re thinking about the future generations for the next 50 years."
– Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces.
Abu Dhabi Crown Prince details UAE leaders’ vision of future without oil http://t.co/sl5s1CS1is pic.twitter.com/IBq26uZfCz
— The National (@TheNationalUAE) February 10, 2015
“Our economy is strong and diverse and that is why low oil prices won’t have a negative impact on our economy. Oil prices were even lower before, but our ship kept moving and will continue to do so,” said Sheikh Mohammed.
Oil price won't affect UAE's development, says Abu Dhabi Crown Prince http://t.co/dpkvjTMObo
— ArabianBusiness.com (@ArabianBusiness) February 9, 2015
"We are an oil producing nation but we are today focusing on renewable energy. Though there are many questions raised, the answer is very clear. We want to build the future like we build our present." – Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs
UAE Government Summit 'live', Day 2: Dubai centre of world by 2100 http://t.co/m8GmYCmM6z
— Emirates 24|7 (@Emirates247) February 10, 2015
UAE Government Summit 'live', Day 2: Dubai centre of world by 2100 http://t.co/m8GmYCmM6z
— Emirates 24|7 (@Emirates247) February 10, 2015