Mubadala CEO on Efforts to Broaden Investments Beyond Oil, Gas

The video discusses the UAE's economic reliance on oil and gas, highlighting the finite nature of these resources and the need for future preparation. It outlines the leadership's focus on maximizing benefits from oil while implementing a diversification strategy. The UAE has reduced its economic dependency on oil from 70-80% to less than 35% of GDP, with ongoing efforts to decrease this further.

What is the main concern about the oil and gas resources mentioned in the video?

• They are infinite and will last forever.

• They are the only resources available.

• They are finite and require future planning.

• They are not important for economic development.

What dual focus does the leadership of the country have regarding oil resources?

• Maximizing benefits and ignoring diversification.

• Ignoring benefits and focusing on other sectors.

• Maximizing benefits and building a diversification strategy.

• Minimizing benefits and focusing on oil only.

What percentage of the UAE's GDP was once represented by oil?

• 70 to 80%

• 90 to 100%

• 30 to 40%

• 10 to 20%

What is the current percentage of the UAE's economy dependent on oil?

• Less than 35%

• More than 50%

• Exactly 70%

• Around 90%

What is the ongoing focus of the UAE regarding its economy?

• To reduce oil dependency further.

• To increase oil dependency.

• To maintain current oil levels.

• To stop economic diversification.