Trade & Investment

Recent decades have seen the GCC become increasingly connected to the wider global economy through trade and investment links. Over the years capital flows between the Gulf and the rest of the world have deepened significantly, with both the historically important blocs of Europe and North America, and emerging market economies such as India, China and Brazil. The total stock of FDI in Abu Dhabi has seen steady growth, rising from $16.6bn in 2012 to $22.1bn in 2014, while the largest contributor to non-oil exports in 2014 was the manufactured goods category, which accounted for 51.2% of the total. Meanwhile, a new investment law currently being worked on promises to re-shape the patterns of FDI into the country with social infrastructure sectors such as health and education set to benefit as a result. This chapter contains interviews with Mohammad Helal Al Muhairi, Director-General, Abu Dhabi Chamber of Commerce and Industry (ADCCI); and Ahmed Al Sayegh, Chairman, Abu Dhabi Global Market (ADGM).