The President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, has announced the adoption of the Emirates Science, Technology and Innovation Higher Policy which includes 100 national initiatives in the educational sector, health, energy, transportation, space and water.

The plan foresees an investment of over Dh300 billion and includes new national policies in legislation, investment, technology, education and finance. Its goal is to build a vibrant knowledge economy in the UAE.

“The UAE is working towards establishing a solid future for the coming generations away from the fluctuation of the energy prices and markets,” commented Shaikh Khalifa. “The UAE has set its course for a post-oil world through investing in the development of our people in the fields of science and advanced technology.”

As post-oil world looms, UAE plans to build ‘knowledge economy’ with $81.7B in projects