The Middle East Economy

Displaying 1489 - 1494 of 2003

NATIONAL CHARACTER: Emiratis are known for their warm hospitality, a feature that is embedded in traditional culture, as well as modern business practice. They also take pride in their rich heritage.

Located in the west of the emirate, Al Gharbia has long been an important pillar of Abu Dhabi’s economy. In the coming years, it is set for substantial investment as the government looks to rejuvenate the region and ensure that local talent is retained and plays an integral role in development. As such, over the next two decades, a host of...

Located 160 km to the east of Abu Dhabi City, in the centre of a large oasis that has been inhabited for thousands of years, the “garden city” of Al Ain is known for its long history and traditional character. Unlike the gleaming towers of the capital, Al Ain is made up mostly of low-rise buildings in a traditional Arab style. The birthplace of...

Agriculture has long been a mainstay of the Al Gharbia region’s economy and among its chief employers. In the coming years, new projects will build on this agricultural base, moving into a variety of different areas and bringing additional value to the sector through the production of processed and finished goods.

As of mid-2013 the city of Al Ain, Abu Dhabi’s second-largest urban area, was in the early stages of an industrialisation drive that could completely transform the local economy. Under Plan Al Ain 2030 and the government’s long-term development strategy, the Abu Dhabi Economic Vision 2030, the city is slated to become a regional centre for...

based on nine pillars, among which “Empowering the Private Sector” came first.

Having established this priority, the government has committed to a direct public policy that encourages investment and entrepreneurial activity by continuing legislative reform and by ensuring that all economic policy is formulated with reference to rigorous data sources...

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