UAE and Economic Diversification

Interesting website on Industry in the UAE. Interestingly, most of the industry mentioned are producing things that can't be effectively exported because of weight (cement) or require a large amount of cheap energy to produce (aluminum and fertilizers). All leaves the question: does this diversification really help remove the contries dependency on oil & gas? I suppose only if they're able to develop efficient alternate energy (which they're working on - see Masdar City).