Climate change, population growth and increasing rates of urbanisation have put a strain on the environment in complex and intertwined ways. Encouraging sustainable development and protecting the environment are key to ensuring future growth in Abu Dhabi. The need for solutions has created opportunities for investment and innovation, and...
Climate change, population growth and increasing rates of urbanisation have put a strain on the environment in complex and intertwined ways. Encouraging sustainable development and protecting the environment are key to ensuring future growth in Abu Dhabi. The need for solutions has created opportunities for investment and innovation, and pushed the market towards economic diversification. The...
Abu Dhabi is home to the world’s sixth-largest proven oil reserves and is working to achieve self-sufficiency in natural gas. It has been successfully pursuing diversification, particularly in terms of manufacturing, banking and ICT. While the global Covid-19 pandemic and decline in international oil prices poses challenges for the emirate, the fundamentals underpinning its economy remain strong.
The dramatic slowdown in industrial production, energy demand and transport activity in the first quarter of 2020 has led to significantly lower levels of air pollution, sparking debate over whether the coronavirus outbreak will lead to permanent shifts in consumer and industrial behaviours that could reorient economic policy towards sustainable development goals.
Against the backdrop of global discussions about sustainability and urban planning, Abu Dhabi is hosting a series of events aimed at addressing modern challenges of urban development and fostering new avenues for sustainable growth.
Home to an estimated 15% of the world’s proven oil reserves and the single-largest economy in MENA, Saudi Arabia is a key regional and global player. The Vision 2030 blueprint sets out regulatory, budget and social reforms that will be implemented over the coming decade as the nation sets about curbing its reliance on crude oil production and export, which accounted for 43.5% of GDP in 2018.
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.
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