Masdar budget approval hailed

ABU DHABI - Dr Sultan Ahmed Al Jaber, the CEO of Masdar and chairman of the Executive Committee of the Board of Trustees of the Masdar Institute of Science and Technology, commended Abu Dhabi’s Executive Council for approving the institute’s budget for 2012.

By (Wam)

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Published: Tue 31 Jan 2012, 10:46 PM

Last updated: Tue 7 Apr 2015, 11:22 AM

He explained that the move reflects the council’s keen interest in supporting the development of human capital among Emiratis.

“Abu Dhabi is evolving from a resource-based economy to a knowledge-based economy through research-driven institutions like the Masdar Institute. Nurturing future leaders... is a fundamental mandate of the Masdar Institute. This is essential to the UAE’s long-term plan of achieving sustained economic growth and social progress. Through these academic efforts, we seek to directly meet the needs of key target sectors and important stakeholders directly relevant to Abu Dhabi’s major investments,” he said.

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