UAE praised for role in global economy

The UAE has a leading role in the global economy the conference was told. (File/Shutterstock)
Updated 03 October 2019
Follow

UAE praised for role in global economy

  • Abu Dhabi needs to continue to diversify conference told

DUBAI: The UAE has the power to transform the global economy and make a difference in climate change Michael R. Bloomberg said on Wednesday.

Delivering the keynote address at the Bloomberg Capital Markets Forum in Abu Dhabi, he also commended the UAE government for its efforts to find meaningful solutions to climate change.

And he said Abu Dhabi needed to continue diversifying its economy by investing in industries such as clean energy if it is to remain “the 21st century financial center it is today.”