Abu Dhabi has long been associated with buy-side investment activity, thanks largely to its success in transforming fiscal surpluses into global investments aimed at ensuring future economic security. However, after two full years of lower oil prices, Abu Dhabi’s attractiveness as a destination for inward investment has become more pertinent, with...
While the first year of operations for Abu Dhabi Global Market (ADGM) has brought much attention for its licensed financial institutions, and the regulatory and judicial infrastructure within which they operate, 2017 is likely to see more emphasis on the zone’s strategy to develop as a broad-based financial centre.
The situation of young people in the Arab world has long been a concern for policymakers. With some of the highest unemployment rates globally, much of the MENA region suffers from strife and sectarian tensions, warding off private investment and job creation that would help satisfy the aspirations of its young people. According to the World...
The February 2016 announcement by Obaid Humaid Al Tayer, the UAE minister of state for financial affairs, that the UAE will introduce a value-added tax (VAT) is one of the most significant economic developments in the country in recent years. While the UAE has been a strong proponent of VAT for some time, the prospect of reducing the...
With substantial financial buffers and hydrocarbons reserves that are among the world’s largest, Abu Dhabi has increased its political and economic influence in recent years, both regionally and globally. From renewable energy to health care and aviation, a rapidly diversifying economy means that the emirate is well placed to weather the...
Securing a sustainable aviation sector is one of the principal aims of the Abu Dhabi Plan and the Abu Dhabi Economic Vision 2030 long-term development strategy. This inclusion in such a holistic, integrated plan demonstrates the leadership’s understanding that aviation can hold the key to growth in a series of other interconnected industries...
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