By Overview:
2nd December is the date of the national day of UAE. The year 2023 has been a tremendous one for the country in many different aspects. As the country moves towards advancements and modernization. From the space sector to agriculture and technology the country has been changing significantly. And now a country whose economy is mostly reliant on Oil exports is changing its direction towards many other routes. The officials have been taking the educational sector to another level to elevate their economy even better.
Now, on the 52nd national day, there are plenty of things to celebrate. So, let’s explore some of the major highlights from the year 2023. And what the future holds for UAE? And let’s discover the latest developments in the country.
1) Space and Technology:
The space and technology sector of the UAE has been changing drastically. As, despite the world is going through a devastating time in 2020, due to COVID-19. UAE has launched a Mars exploration project “Hop Probe”. This year the extension of the project was announced. And many new projects showcase the immense growth of the space and technology sector of the UAE.
Firstly, a new radar system that can easily capture images and will uplift the satellite system of the country in any weather. The project name is “SIRB” and it has showcased the capabilities. So, it became a major highlight of the year which is enough to predict a good future for the country. This kind of development could only be possible by making the educational sector strong and emphasizing state-of-the-art technologies for the students of the country.
2) Power and Energy Sector:
Just like the space and technology sector, the country has expanded its dimensions towards growth in the power and energy sector. Firstly, the country has been taking many steps towards forming renewable energy. Secondly, per the UAE embassy in Washington, the country has added many new goals to its National Energy Strategy. Like creating around 50k new green opportunities by 2030, Increasing their capacity of renewable energy, and producing 30% more clean energy by 2030.
All this is the result of their focus and development in the education sector. As, they are keeping an eye on every step like curriculums, subjects, Labs, Theoretical knowledge, and every other aspect of the education to make it even more beneficial for the economy of the country.
3) IT sector:
Firstly, everyone knows that IT is the future of the world. And jumping into it is a tremendous step. So, like other countries focusing on the IT sector UAE has seen a bright light ahead in the IT sector. And the country has been reforming its plans for IT students and offering them more options to grow their careers in the country.
Secondly, if we talk about growth in the sector. So, the plans and developments in the IT institutes and giving relief to the IT students. Also, students take All Assignment Help to get their assignments done. But the country has given them plenty of opportunities to build and work in the field. Low tax rates, or even no tax schemes are also in circulation for the IT students.
If we look at the stats then the growth of software services providing agencies increases by more than 20%, and The number of internet users, and the number of smartphones increases by up to 50%. So, if you are an IT student in UAE. So, you should celebrate a lot more as the future ahead for you is bright.
4) Educational Achievements in Business sector:
The business sector of the country is also increasing rapidly. As the country has some convenient policies for businessmen. The GDP of the country grew more than 3.5% from the non-oil businesses which shows a positive growth in the sector. Businesses like real estate, Finance, and Automobile have seen immense growth in the year 2023. So, on the National Day of UAE, you should also celebrate the growth in the business sector of UAE.
5) Real Estate of UAE:
The real estate sector of UAE has seen an incredible boom as it is expected to grow to the $0.80tn mark by the end of 2028. Now, it is a market of $0.39tn. Real estate is one of the most profitable businesses in the UAE, because of the demand for land in the UAE The real estate sector will always be the best make your future.
6) Banking Sector Growth and Achievement:
The number of loans has increased in the last year. The growth of the banking sector has been recorded by more than 60%. The rise in the banking sector is just because of state-of-the-art education and technology. Abu Dhabi, Dubai, and Sharjah are the cities that have the most top-ranked universities in the country. And most of the universities and colleges have the banking subject. And the teachers that usually teach in the institutes of UAE are from different parts of the world.
Conclusion:
2nd December is the national day of UAE and many sectors have seen incredible growth in 2023. Firstly, space and technology have been very good. Secondly, the energy and power sectors of the country also changed a lot. As they aim to produce more than 30% renewable energy. The IT sector is another field that has changed a lot due to top-notch education being provided in the institutes in UAE. Real Estate, the Business Sector, and the Banking sector all are directed towards new heights. As the country focuses more on the quality of education than anything else.