Located off the mainland on a number of islands, the city of Abu Dhabi is both the capital of the emirate and of the UAE. Under the constitution of 1971 the UAE operates as a federation of seven emirates and each of its constituent emirates has a high level of political and economic autonomy. Abu Dhabi’s ruler customarily serves as president of the UAE, while the ruler of Dubai serves as the...
The Middle East Economy
Displaying 1051 - 1056 of 2003
Thanks to business-friendly government policies implemented over the past 10 years Abu Dhabi is now home to a rapidly diversifying economy that is among the largest in the region, with GDP reaching a total of Dh952.68bn ($259.32bn) at current prices in 2014.
Economic reform is under way in Kuwait, after the Ministry of Finance unveiled a new six-point strategy last month aimed at restructuring the economy amid the slump in global oil prices.
Economic update | Focus on fundamentals: Belt tightening is the new normal for corporates across the Gulf region
29 Feb 2016
In mid-December 2015 Qatar’s Ministry of Development Planning and Statistics cut the country’s GDP forecast for the year to 3.7%, down by nearly half from an earlier prediction of 7.3% and the 6.1% recorded in 2014.
Articles & Analysis | Bahrain in figures: from The Report: Bahrain 2016
Articles & Analysis | Broad appeal: Page 27 from The Report: Bahrain 2016
8 13 17 18 21 23 27 35 36 37 39 40 42 In the face of the challenges posed by declining oil prices and regional unrest, Bahrain has remained committed to its programme of economic diversification. While GDP growth is forecast at 3.3% in 2016, the fiscal gap is not expected to close significantly. However, the advancement of SMEs, as well as...