From the start of this year, Oman has doubled gas tariffs for industrial producers, with the move expected to squeeze margins for operators. However, the higher prices may spur a move towards greater efficiency, which could benefit the sector over the long-term.
Manufacturing is playing an increasingly important role as the emirate pushes ahead with efforts to diversify its economy to build a long-term growth path that is less dependent on hydrocarbons. Abu Dhabi’s industrial strategy seeks to leverage competitive advantages in resources, location, infrastructure and governmental support to become a leader in a range of sectors...
Characterised by strong growth and increasing diversity, Abu Dhabi’s retail sector has come of age in recent years, as developers, retailers and franchises have moved to capitalise on its increasingly affluent and expanding population. Several landmark mall developments opened in 2013 and 2014, strengthening the emirate’s retail portfolio and catering to tourists and the...
As Abu Dhabi develops its manufacturing sector, and particularly the high-value part of the industry, quality and conformity have become ever more important. To this end, the government has been putting in place a quality and conformity regulatory infrastructure. The overall aim is to improve standards to increase competitiveness on the international market, boost value...
Some of the emirate’s most attractive opportunities for industrial investment exist in the industrial zones established by the Higher Corporation for Specialised Economic Zones (known as ZonesCorp). ZonesCorp has four industrial zones currently under operation, with three more in the pipeline. Its industrial zones are estimated to account for close to 50% of Abu Dhabi’s...
Could stability in the construction sector lead to accelerated demand for value-added products?
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