Growing levels of international trade, both inbound and outbound, and a rising demand for trans-shipment services will drive expansion in Abu Dhabi’s logistics sector, with much of this activity taking place around its docks.
Growing levels of international trade, both inbound and outbound, and a rising demand for trans-shipment services will drive expansion in Abu Dhabi’s logistics sector, with much of this activity taking place around its docks.
Demand for prime residential properties rose in the first half of 2013, as government employees prepared to comply with a new rule requiring that they live within the emirate to qualify for the government housing allowance. Announced in 2012 and effective as of September 2013, the rule applies to Abu Dhabi’s 23,000 government employees, of which...
As construction projects ramped up in 2013, the Statistics Centre - Abu Dhabi (SCAD) announced plans to expand the number of indicators included in its monthly report on construction costs. By the end of the year, SCAD announced that it would begin monitoring the price of land and transport in the building material price reports, which currently...
With the goal of upgrading existing facilities and laying the foundations for future economic growth, the Abu Dhabi government is investing billions in public infrastructure. Transportation and energy projects comprise about a third of planned or existing construction spending in the UAE, according to a recent report from ...
The UAE overtook Saudi Arabia as the Gulf’s largest construction market in terms of contracts awarded in 2012, with the biggest tender coming from Abu Dhabi for the construction of a new terminal at the expanded Abu Dhabi International Airport. In 2013, the UAE construction market continued to post growth, led by Abu Dhabi’s capital investments...
After nearly five years of decline, rents in Abu Dhabi’s real estate market are stabilising, with prices for grade-A office space holding steady and prime residential rents rising for the first time since 2008-09. Driven by government investment in infrastructure and economic and social development projects, along with increased regional...
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