The Middle East Economy

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One of the principal pillars of Abu Dhabi’s much-envied economic stability – and an important factor in the IMF’s reassuring statement, made in 2015, that the UAE has financial assets that are capable of sustaining it for more than 20 years – is its principal sovereign wealth fund (SWF).

 

Abu Dhabi is 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, according to the “Statistical Yearbook Abu Dhabi 2015”.

 

One of the most important issues currently facing the Middle East is the changing composition of its demographic structure. A massive cohort of young people – known as a youth bulge – is challenging policy makers, with youth policy affecting security, education, the labour market and welfare programmes, among other areas. Given the relative...

 

ETIQUETTE & DRESS: Hospitality plays a central role in Emirati culture and is also present in business interactions. Whether in business or social interactions, longer greetings are an important prelude before proceeding to other matters. Handshakes are common as a greeting in business settings...

 

JUMEIRAH AT ETIHAD TOWERS T: + 971 2 811 5555 JAD info@jumeirah.com www.jumeirah.com/jumeirahetihadtowers Rooms: 382 rooms and suites, and 199 residences. Business & Conferences Facilities: Club executive lounge with complimentary food and drinks. Fully equipped conference centre and in-house audio-visual team and event planners. Mezzoon...

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