As it continues to develop and diversify its economy, transport is playing a central role in the long-term development of Abu Dhabi. Transport and storage contributed approximately Dh20.62bn ($5.6bn) to the emirate’s economy in 2011, or 2.6% of GDP. Aviation in particular is expanding rapidly; the UAE is set to invest $19bn on new aviation infrastructure as it positions itself as a regional...
The Middle East Transport
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The combination of Dubai’s central location and advanced infrastructure have attracted trade operators from around the world, and the emirate continues its legacy as a shipping point between East and West. In 2011 transportation, along with logistics, tourism and trade, accounted for 60% of Dubai’s GDP, the result of a number of recent investments. Authorities have initiated a $523m plan to build...
Over the past four decades, Dubai has become one of the most important economic centres in the Middle East and a key destination for investors, tourists and corporations from around the world. The emirate boasts a diversified economy, an open business environment, and a multinational population and workforce, all of which have contributed to its reputation as a leading investment destination.
At the base of the Arabian Peninsula, occupying a landmass slightly larger than Italy, Oman is the largest country in the GCC after Saudi Arabia. In recent years, the non-OPEC oil exporter’s economy has been undergoing a steady transformation, reorienting from oil toward a more diverse set of service and industry-based economic activities. So far, progress has been promising. In 2011 oil and gas accounted for 38.8% GDP.
After many years of building up the transport system – and with over $11bn in the budget for hard infrastructure projects during the 2011-2015 period – the next few years promise significant transformation for Oman’s transport sector. A number of large-scale developments are in the pipeline, and a proposed new railway connecting Oman with other GCC countries is expected to create capacity for...
With one of the world’s most commanding positions in the global energy industry and a growing role in regional diplomacy, Qatar has seen many returns on the political and economic investments it has made in the past two decades.