Thanks in large part to high oil prices and an increase in its hydrocarbons production, Abu Dhabi continued its economic recovery in 2011 and 2012. 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 emirate has been channelling its substantial oil earnings into other sectors so as to reduce...
UAE: Abu Dhabi Economy
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Chapter | Country Profile from The Report: Abu Dhabi 2013
Over the past 40 years, Abu Dhabi has grown into a major economic power in the Middle East. A series of ambitious long-term development policies have transformed the emirate, turning it into a regional economic, political and cultural heavyweight. The country profile includes information about Abu Dhabi’s geography, climate, population and political system. This chapter features an interview with...
Economic update | Abu Dhabi: Year in Review 2012
24 Dec 2012
New developments in the logistics sector, alongside an increase in non-oil trade, are expected to keep Abu Dhabi’s economy on track for moderate expansion in the coming year, with plans for further diversification set to deliver increasingly balanced growth.
Economic update | Abu Dhabi: Growth path
7 Aug 2012
Buoyed by positive growth in 2011, Abu Dhabi looks set to see a strong economic performance again this year. Though efforts to diversify the economy continue, high oil prices ensured that energy was the emirate’s strongest performer last year, even as non-oil sectors’ contribution to GDP increased.
Economic update | Abu Dhabi: Year in Review 2011
16 Jan 2012
In 2011 Abu Dhabi made significant progress towards its long-term goal of economic diversification, with major developments in the fields of industry, transport and tourism. While these are significant accomplishments, the government announced in late 2011 that it was reprioritising certain projects.
Economic update | Abu Dhabi: Shifting priorities
9 Jan 2012
Key elements of Abu Dhabi’s economic diversification programme, including the development of the emirate’s manufacturing base, are moving ahead as planned, with the government reiterating its commitment to encourage investment and diversification.