The UAE's Economy in focus

The power point presentation analyzes the future of the UAE economy with a focus on youth leaders. It includes information about a new government program called Meet the leader & expert, examples of leaders' responses to economic crises, and the importance of economic leadership. The presentation also discusses the main pillars of being an economic leader, the transformation of the economy through digitalization and AI, and the best economic leadership practices worldwide.

Title
The UAE's Economy in focus

Table of content
Introduction
UAE economy with a focus on Abu Dhabi economy
Example about leader response to economic crisis.
Leadership in general with a focus on economic leadership
Main pillars to be an economic leader
Personal experience and how his Excellency managed to deal with it
Digital economy and AI will transform the economy
The best economic leadership practices worldwide
Conclusion
References

Introduction
The power point presentation is based on analyzing UAE economy
future which is based on youth leaders. Each nation’s economy
depends on its population, their income level and many other aspects.
The PPT includes detailed information about new government
program which is Meet the leader & expert. For this aspect example
about leaders’ response is mentioned as well as UAE economy’s
focus on Abu Dhabi economy is also explained. In the end of PPT,
best economic practices are mentioned of the global.

UAE economy with a focus on Abu Dhabi
economy
With a high standard of living and a substantial increase growing
economy, the UAE has a transparent economy. As per the
National bureau of statistics, successful economic diversification
efforts have lowered the percentage of GDP in the oil and gas
industry to 30 percent. The dependency of the UAE on petroleum
is a big long-term problem, while in the Gulf Cooperation
Council; the UAE is among the most diversification nations.

CONTINUE
The UAE has been forced by low price of oil to slash spending,
such as on certain social services. Much of the UAE, excluding
Dubai, is reliant on oil sales. Oil and gas, particularly in Abu
Dhabi, keep playing a critical role in the control. In 2009, over 85
percent of the output of the UAE was focused on oil revenues. Oil
output account for over 80 percent of the state expenditure of the
UAE in 2011. Herein, below UAE economy data is mentioned
below in such manner:

CONTINUE

Example about leader response to economic crisis.
Recognizing that an organization is facing a challenge is the
first thing executives need to do. It is a difficult move,
particularly at the emergence of crises that do not arise
unexpectedly but emerge from common conditions that
obscure their meaning. The SARS epidemic of 2002–03 and
now the corona virus disease outbreak are examples of such
emergencies.

Leadership in general with a focus on economic leadership
In the long run, authoritative researchers have found in their
studies that culture is important when talking about the
enterprise cycle. In general, management writing focuses on the
basic requirements for a culturally and globally diverse
enterprise, particularly with the real need to build organizations
and relationships Goldsmith, Greenberg, Robertson, and Hu-
Chan (2003). also, to appreciate the differences and similarities.

Continue
The assumptions and plans of the administration operating
from a Western-based androcentric system are hindering
the movement necessary to understand the enterprise more
widely.

Main pillars to be an economic leader
The current economy is gradually based on legitimate information from
the board of directors, such as construction, production, relevance and
application of information in mainstream orders and societies. In such a
situation, it becomes more apparent in a crisis of real administration, or
even, often, without authority. We often see how formal pioneers of
various kinds, so important up to this point, quickly lose their position -
they are still "rulers" but are no longer "pioneers" .

Continue
The main aim of "authority" is to build relationships
between the individuals of the society rather than to go
after the army. This reassessment of the council's current
global outlook will be an important pillar of the progress
of the knowledge-based economy.

Personal experience and how his Excellency
managed to deal with it
While most organizations say they are interested in being more
efficient and therefore more excellent, this is almost impossible
without capable leadership. Barbara Blumenthal stated in her
book Investing in Capacity Building that capacity building
interventions often fail if strong organizational leadership is
not in place.3 Government official, agency manager, industry
promoter , the executive of the House and all.

Continue
Employees in this new knowledge-based environment must
take on the role of active networker and enabler, both within
their organization and with stakeholders and components.
Excellence means that senior leadership does a number of good
things, including creating a learning organization that trains
and nurtures its talent. This is what it takes to get an
organization that has a culture of character and integrity.

Digital economy and AI will transform the economy.
Increased numbers of people, companies, and governments are
adopting artificial intelligence (AI) and machine learning (ML)
as growing performance and competitiveness allow for rapid
growth in some sectors of the global economy. The difference
in performance and competitiveness between those industries
and companies benefiting from AI and ML, nevertheless, is
also exponentially growing relative to those who have not.

The best economic leadership practices worldwide.
The best economic leadership practices are as follows:
Inclusiveness- Encouraging an open, creative community of
creativity will enhance leadership.
Broadened Networks- It is not possible to exaggerate the value
of communicating with individuals in other divisions or also
with other corporations.

Conclusion
In a global economy, understanding the needs and wants of the people
we serve, internal and external partners, is becoming increasingly
critical. Taking this need into account means that pioneers must be able
to choose to shape the way their societies live to meet the changing
needs of participants. Edgar Schein noted that pioneers can do this by
acquiring a "clear awareness that they are the product of the way of life
of nations, families, occupations and collective references, and that
culture acts gigantic within the confines of their connection to form.

References
About UAE economy, 2019. [Online] available through :< https://
www.focus-economics.com/countries/united-arab-emirates>
About Digital economy and AI will transform the economy, 2019.
[Online] available through :<
https://ourworld.unu.edu/en/how-ai-is-changing-the-global-economy>
About best economic leadership practices worldwide, 2019. [Online]
available through :<
https://onlinemba.wsu.edu/blog/five-characteristics-of-successful-global
-business-leadership/
>