UAE: Abu Dhabi Economy

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One of the most important issues currently facing the Middle East is the changing composition of its demographic structure. A massive cohort of young people – known as a youth bulge – is challenging policy makers, with youth policy affecting security, education, the labour market and welfare programmes, among other areas. Given the relative...

 

Abu Dhabi is 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, according to the “Statistical Yearbook Abu Dhabi 2015”.

 

JUMEIRAH AT ETIHAD TOWERS T: + 971 2 811 5555 JAD info@jumeirah.com www.jumeirah.com/jumeirahetihadtowers Rooms: 382 rooms and suites, and 199 residences. Business & Conferences Facilities: Club executive lounge with complimentary food and drinks. Fully equipped conference centre and in-house audio-visual team and event planners. Mezzoon...

 

ETIQUETTE & DRESS: Hospitality plays a central role in Emirati culture and is also present in business interactions. Whether in business or social interactions, longer greetings are an important prelude before proceeding to other matters. Handshakes are common as a greeting in business settings...

Recent regulatory reforms to Abu Dhabi’s insurance industry have demonstrated the Insurance Authority’s (IA) intent to encourage market consolidation, setting strict standards for new entrants and high paid-up share capital requirements for existing players, as well as financial reporting stipulations aimed at improving brokerage transparency and sustainability. Although...

As the first emirate in the UAE to issue mandatory health insurance legislation, Abu Dhabi has grown into the nation’s most mature and robust insurance market. While the industry remains in its nascent stages, with overall penetration still low relative to more developed markets, an uptick in the life and medical segments offers significant opportunities for future...

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