TAG: UAE: Abu Dhabi
The emirate is working to encourage investment and development in key non-energy sectors, including transport and education.
The past few years have come to be defined by major economic restructuring, encompassing government institutions, investment funds, oil and gas, financial services and education. Leadership across the emirate continues to embrace these changes, creating more efficient institutions better equipped to handle challenging times. Continuing to build competencies outside oil and gas, and furthering the knowledge economy, will be crucial to achieving the emirate’s long-term goals.
World-class infrastructure and tourism offerings, significant financial reserves and a reputation as a safe haven have all contributed to a feeling that despite the various headwinds buffeting the UAE, it is well placed to drive on with reforms intended to ensure long-term, sustainable prosperity. Each emirate has therefore been able to take its own path: from the industrial base of Sharjah, the hydrocarbons and heavy industry sectors of Abu Dhabi and the services megalopolis of Dubai, the UAE as a whole is one of the most diversified in the region.