UAE: Abu Dhabi

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A recent appraisal of the real estate market showed that demand for Abu Dhabi's residential and commercial space is outpacing current supplies.
The UAE is moving steadily closer to achieving its ambition of operating a nationwide electricity grid according to reports by government and local press this week.
Abu Dhabi's banking sector is healthy despite a second quarter drop in profits for many of the emirate's banks.
Plans for two new residential complexes for workers in the Industrial City of Abu Dhabi were unveiled this week, demonstrating the government's commitment to industrial expansion and diversification.
On July 30, the preliminary results for the 2005 UAE census were announced in Abu Dhabi, highlighting strong economic growth and the demographic position of the country.
As the conflict between Israel and Hizbullah extends into its third week, the UAE and other members of the Gulf Cooperation Council (GCC) are using their economic might to lend a hand to war-torn parts of Lebanon.

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