UAE: Abu Dhabi

The government’s significant role in the domestic economy, and the sizeable fiscal spending that underwrites much of the UAE’s infrastructural development, sometimes obscures another important facet of the nation’s economic development. The role played by charitable organisations in the UAE is a prominent one, and a wide array of institutions...

As Abu Dhabi seeks to transform itself from a resource-based economy to one in which knowledge-based activity accounts for a far greater share of GDP, its labour market faces a transition point. To date the emirate has, like much of the rest of the GCC, had great success in attracting skilled and unskilled foreign labour to work within its...

The UAE celebrated the 42nd anniversary of its establishment in 2013. Over this relatively short period of time, the country’s capital, Abu Dhabi, has rapidly developed to become a thriving metropolis. Although the emirate’s economic growth can be primarily attributed to its vast hydrocarbon resources, it has also made admirable progress...

With a sustained return to positive territory for its main index, a crucial upgrade to “emerging market” status by Morgan Stanley Capital International (MSCI) and a 282% rise in share exchange value in 2013 over 2012, Abu Dhabi’s exchange has had a good year. The developments have generated new optimism regarding the exchange’s ability to...