UAE: Abu Dhabi Economy

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In a speech delivered at a conference in Riyadh in early May 2012, Abdul Latif bin Rashid Al Zayani, the secretary-general of the GCC, addressed the numerous changes that have taken place in the region in recent years. “The new political, security and military challenges, at the regional and international levels, as well as insecurity in the...

The city of Al Ain is sometimes known as “the Garden City” in the UAE, and with good reason. While the UAE is largely composed of desert, Al Ain sits in the centre of a large oasis that it shares with the neighbouring Omani town of Buraimi and which has sustained human settlement for thousands of years. While Al Ain, one of three municipalities...

In December 2011 the UAE Cabinet approved a new draft Commercial Companies Law that will replace the companies law that has been in place since 1984. Under development for several years, the new law as specified by the draft could spur investment in Abu Dhabi by making it easier to operate in the UAE and improving corporate governance. However, when...

Like most of the UAE, Abu Dhabi’s population is largely made up of expatriate employees and foreign workers. As of 2011, the most recent year for which full statistics are available, non-nationals accounted for 80% of the emirate’s total population, according to the Statistics Centre – Abu Dhabi (SCAD). While this number has grown slightly since...

Thanks in large part to high oil prices and an increase in its hydrocarbons production, Abu Dhabi continued its economic recovery in 2011. Hydrocarbons remain at the centre of the emirate’s economy, accounting for nearly half of its GDP and almost 90% of government revenues in 2010. However, the government has a different vision for the future of...

While the government plays a key role in supporting residents in need, several charitable organisations are also part of the landscape of the emirate and the larger UAE. Some of these groups are explicitly focused on domestic issues, while others look further afield and financially support development projects abroad.

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