UAE: Abu Dhabi

Stronger product offerings and continued investment in Abu Dhabi’s leisure and hospitality infrastructure look set to generate a rebound in the emirate’s tourism sector.

As with the rest of the banking sector across the GCC region, Abu Dhabi’s financial institutions are seeing liquidity conditions tighten as part of the fallout from weaker energy revenues.

Wide-ranging reforms aimed at regulating Abu Dhabi’s real estate sector and encouraging best practices look set to lift investor sentiment despite the challenging regional economic climate.

In a bid to solidify its profile as a travel destination, Abu Dhabi has been channelling investment into development of the emirate’s sports facilities and recreational tourism offering. 

Rising demand for processed metals, fuelled by regional infrastructure projects, is set to help Abu Dhabi’s industrial sector build new momentum in terms of both output and sales.

Despite falling energy prices, 2015 proved to be another year of healthy economic growth in Abu Dhabi, with both the non-oil and energy sectors targeted for further investment.