When Sheikh Khalifa was elected president, a degree of apprehension would have been wholly understandable. Not only was he dealing with the personal impact of the death of his own father but he was also taking over from a leader who was not just genuinely transformative but also internationally respected and truly loved by his people.
Ten years on, Sheikh Khalifa deserves a great deal of praise. Using the foundation created by Sheikh Zayed, he has continued the UAE’s progress and made this a better country for its citizens and its expatriate residents. He has also improved the country’s standing in the international community.
This is, of course, not simply the work of one person, but the collective effort of the entire country. The importance of having the right person at the top cannot be overstated. The demands on the president are many and the onerous responsibility of reading global trends and carefully steering the country towards tolerance, stability and prosperity is not a simple task. One need only look around at the turmoil of many other countries in this region to see what happens when that judgement is found wanting.
The verdict on the UAE’s past 10 years is obvious when one looks at Abu Dhabi and compares the capital now to November 2004. Emirates Palace, Sorbonne Abu Dhabi, New York University Abu Dhabi and Sheikh Zayed Grand Mosque had not opened then, Saadiyat and Yas islands were mostly populated by gazelles, the Formula One season bypassed the UAE, and Masdar – along with Irena, the world renewable energy association, being based in the UAE – would have seemed like science fiction.
That point is emphasised when one’s gaze turns to the country as a whole, with development of the Northern Emirates continuing unabated and Dubai having weathered the global financial crisis and rebounding even stronger than before.
Sheikh Zayed set the bar extraordinarily high, not least because, as Sheikh Mohammed bin Rashid put it, he was a rare leader who ruled through love rather than fear. Sheikh Khalifa ought to be proud of the legacy he has created in his own right.
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
COMPANY%20PROFILE
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THE SPECS
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