Sheikh Khaled bin Mohamed Directs Abu Dhabi Economic Diversification Strategy

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, is directing the emirate’s strategic shift toward a diversified economy through his leadership of key sovereign entities. Since his appointment as Crown Prince on March 29, 2023, he has consolidated oversight of Abu Dhabi’s administrative and economic development via the Abu Dhabi Executive Council. Oversight of Sovereign Energy and Finance Sheikh Khaled serves as a member of the board of directors for the Abu Dhabi National Oil Company (ADNOC) and the Abu Dhabi Investment Authority (ADIA). He also chairs the Executive Committee of the Board of Directors of ADNOC. These roles place him at the center of the UAE’s energy transition and the management of one of the world’s largest sovereign wealth funds. His governance focus remains on the "Falcon Economy," a strategy designed to transition the emirate away from oil reliance toward technology, logistics, and renewable energy sectors. Economic Policy and Urban Development As Chairman of the Abu Dhabi Executive Council, Sheikh Khaled manages the emirate’s internal policy and infrastructure projects. This includes the implementation of the Abu Dhabi Industrial…