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Abu Dhabi Reveals New Strategy to Accelerate Growth of Culture and Creative Industries

Louvre Abu Dhabi
Louvre Abu Dhabi
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Abu Dhabi Reveals New Strategy to Accelerate Growth of Culture and Creative Industries

Louvre Abu Dhabi
Louvre Abu Dhabi

Abu Dhabi is accelerating the growth of the Culture and Creative Industries (CCI) through a AED30+ billion investment strategy that sees the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) cements its leadership position as the custodian of all the multidisciplinary sectors within the CCI.

The Culture and Creative Industries are key drivers of social and economic growth and diversification in Abu Dhabi. One of the fastest growing economic sectors worldwide, globally they generate annual revenues of $2,250 billion, provide 30 million jobs and are predicted to make up some 10% of global GDP.

In addition to this rapid acceleration, studies show that the CCI demonstrate considerable resilience and adaptability in the face of changing economic dynamics. As the world emerges from the effects of the global pandemic, the sector’s high-value products and services have the power to support a new economic recovery, one that is more environmentally friendly and based on knowledge and new technologies, state news agency WAM reported.

To capitalize on this growth, Abu Dhabi has invested significantly and strategically to create thriving Culture and Creative Industries, with an overall planned investment in excess of AED30 billion. Over the past five years, AED8.5 billion has been committed across the emirate, including in flagship projects such as Yas Creative Hub – the emirate’s new home for media and gaming - and Saadiyat Cultural District, as well as soft infrastructure initiatives such as the Creative Visa, announced earlier this year.

The Creative Visa program will provide sustainable employment opportunities in Abu Dhabi by enabling talented creative professionals from around the world to live and work in the UAE, further bolstering the creative scene in the emirate.

A further AED22 billion is expected to be rolled out across the industry over the next five years, with a substantial portion to be deployed in the development and support of cultural institutions, mainly new museums, including the upcoming Zayed National Museum and Guggenheim Abu Dhabi, as well as additional museums in the pipeline. The emirate’s performing arts, music, media and gaming sectors will also see further investment in their diverse array of program and initiatives.

Mohamed Khalifa Al Mubarak, Chairman of DCT Abu Dhabi, said: "DCT Abu Dhabi’s Culture and Creative Industry (CCI) Strategy was launched in 2019 to position Abu Dhabi as a recognized cultural and creative center that attracts, incubates and supports talented professionals and creative businesses, accelerating the emirate’s ambition to become a leading regional producer and exporter of creative and cultural content."

"We see the Culture and Creative Industries as a powerful driver of economic diversification as well as defining pillars of the emirate’s identity. Through Abu Dhabi’s pioneering leadership, we will champion all CCI domains to transcend borders and reach global audiences and communities."

Also, Saood Al Hosani, Undersecretary of DCT Abu Dhabi, said that The Culture and Creative Industries are a "significant contributor to the global and local economies."

"Today, Abu Dhabi supports more than 20,000 sustainable jobs in the field, and we expect this to grow significantly in the coming years," he added.

According to WAM, Abu Dhabi has been investing heavily in the Culture and Creative Industries, with investments spanning the creation of cultural institutions and world-class infrastructures to program and initiatives of international relevance that have supported the growth of creative and culture businesses, professionals and practitioners based in the emirate and beyond.

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Jill Biden Gets Priciest Gift from a Foreign Leader in 2023 — a $20,000 Diamond

US President Joe Biden and First Lady Jill Biden walk on the South Lawn of the White House as they return to Washington, DC, from Camp David, on January 2, 2025. (Photo by Chris Kleponis / AFP)
US President Joe Biden and First Lady Jill Biden walk on the South Lawn of the White House as they return to Washington, DC, from Camp David, on January 2, 2025. (Photo by Chris Kleponis / AFP)
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Jill Biden Gets Priciest Gift from a Foreign Leader in 2023 — a $20,000 Diamond

US President Joe Biden and First Lady Jill Biden walk on the South Lawn of the White House as they return to Washington, DC, from Camp David, on January 2, 2025. (Photo by Chris Kleponis / AFP)
US President Joe Biden and First Lady Jill Biden walk on the South Lawn of the White House as they return to Washington, DC, from Camp David, on January 2, 2025. (Photo by Chris Kleponis / AFP)

President Joe Biden and his family were given tens of thousands of dollars in gifts from foreign leaders in 2023, according to an annual accounting published by the State Department on Thursday, with first lady Jill Biden receiving the single most expensive present: a $20,000 diamond from India’s leader.
The 7.5-carat diamond from Indian Prime Minister Narendra Modi was easily the most costly gift presented to any member of the first family in 2023, although she also received a brooch valued at $14,063 from the Ukrainian ambassador to the United States and a bracelet, brooch and photograph album worth $4,510 from the president and first lady of Egypt.
The US president himself received a number of expensive presents, including a commemorative photo album valued at $7,100 from South Korea’s recently impeached President Suk Yeol Yoon, a $3,495 statue of Mongolian warriors from the Mongolian prime minister, a $3,300 silver bowl from the sultan of Brunei, a $3,160 sterling silver tray from the president of Israel, and a collage worth $2,400 from Ukrainian President Volodymyr Zelenskyy.
Federal law requires executive branch officials to declare gifts they receive from foreign leaders and counterparts that have an estimated value of more than $480. Many of the gifts that meet that threshold are relatively modest, and the more expensive ones are typically — but not always — transferred to the National Archives or put on official displays.
The $20,000 diamond was retained for official use in the White House East Wing, according to a State Department document, while the other gifts to the president and first lady were sent to the archives.
Vanessa Valdivia, a spokesperson for Jill Biden, said the diamond will be turned over to the archives after they leave office. According to The Associated Press, she did not say what it was being used for.
Ukraine's ambassador, Oksana Markarova, said Friday on Facebook that a Ukrainian designer fashioned the brooch from the remains of a Russian rocket and that the piece was made from inexpensive materials, so its “true value ... lies in its symbolism." The embassy's spokesperson, Halyna Yusypiuk, said US officials provided the assessed value.
Recipients have the option to purchase the gift from the US government at its market value, although that is rare, particularly with high-end items.
According to the State Department’s Office of Protocol, which compiles the list that will be published in Friday’s edition of the Federal Register, several employees of the CIA reported receiving lavish gifts of watches, perfume and jewelry, nearly all of which were destroyed. Of the gifts destroyed, they were worth more than $132,000 combined.
CIA Director William Burns received a $18,000 astrograph, which is a telescope and astrological camera, from an foreign source whose identity is classified. That is being transferred to the General Services Administration. But Burns reported receiving and destroying an $11,000 Omega watch, while numerous others did the same with luxury timepieces.
Below the rank of director, the CIA employees who reported gifts are not identified, but one of them logged an Omega Seamaster Aqua Terra watch, a ladies Omega Constellation watch, a diamond necklace, earring bracelet, and a ring that were valued together at $65,100.