Real estate development in Abu Dhabi is dominated by large, mostly local government-backed companies, several of which are responsible for the master development of various emerging areas of the city. These developers include Aldar Properties, which has acted as the lead developer on Yas Island. Other major developers include Mubadala Real...
Real estate development in Abu Dhabi is dominated by large, mostly local government-backed companies, several of which are responsible for the master development of various emerging areas of the city including Yas Island, Al Maryah Island and Zayed Sports City. Meanwhile, the value of construction sector activity in Abu Dhabi increased to $24.9bn in 2014 from $23.3bn a year earlier. Sector...
Thanks to business-friendly government policies implemented over the past 10 years Abu Dhabi is now home to a rapidly diversifying economy that is among the largest in the region, with GDP reaching a total of Dh952.68bn ($259.32bn) at current prices in 2014.
The real estate sector in Abu Dhabi is currently in a period of growth and rising prices, after a downturn following the global financial crisis that began in 2008. According to a real estate market overview for the emirate by Jones Lang LaSalle (JLL), the third quarter of 2014 saw all segments simultaneously in recovery for the first time since 2008. The firm reported...
How do you respond to those calling for greater uniformity amongst government institutions with regards to public tender processes?
Known as Musanada (meaning “support” or “assistance”), the Abu Dhabi General Services Company is charged with providing assistance and support services for all government departments, agencies and entities, as decided by the Abu Dhabi Executive Council. Established in 2007 to provide a variety of support services, including procurement, to Abu Dhabi government entities,...
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