What have been some of the key enablers that have driven the retail sector? KHOORY: Abu Dhabi’s retail sector has experienced tremendous growth over the past few years, primarily as a result of increased visitor numbers and stable economic development spurred by government investment, which has also resulted in increased employment...
Investing large sums in recent years to both entice locals to spend their hard-earned cash closer to home and to capture higher proportions of tourist dollars, Abu Dhabi’s retail strategy appears to be paying off. Strong expansion in the emirate’s high-quality retail stock with a focus on added entertainment and food and beverage (F&B)...
To what extent has industrial growth contributed towards the emirate’s 2030 target of having 64% of GDP generated by non-oil sectors?
What type of strategies are being developed to transition Abu Dhabi into more capital-intensive, high-tech manufacturing?
Boosting downstream industrial activity as a means to further diversify Abu Dhabi’s economy from its hydrocarbons base is not a new concept. The drive to develop downstream is preserved in the Abu Dhabi Economic Vision 2030 strategy, but dates from an even earlier period.
With proven crude oil reserves of 98bn barrels and an established downstream infrastructure, which has positioned the UAE as the sixth-largest petroleum producer in the world, the country’s industrial landscape is dominated by hydrocarbons activity. The bulk of the nation’s reserves are located in the emirate of Abu Dhabi, and the proceeds...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×