The Middle East

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The banking sector in Abu Dhabi showed consistent increases in liquidity and net profits throughout 2012, largely aided by net-interest earnings and bigger profits from Islamic finance. Fourth-quarter results and a strong performance by many banks’ shares – the strongest in five years – have led many analysts to conclude that the sector is firmly on the path to recovery.

While hydrocarbons continue to make up the lion’s share of the emirate’s GDP, oil revenues are supporting long-term efforts to diversify the economy. Oil and gas accounts for about 52% of real GDP, down on previous years, followed by construction, manufacturing and real estate. High-quality transport infrastructure, meanwhile, is boosting trade activity and free zones in Abu Dhabi.

Chapter | The Guide from The Report: Abu Dhabi 2013

This chapter provides an overview of Yas Island, which hosts several of the emirate’s major touristic attractions and accommodation options. The chapter also provides a listing of Abu Dhabi’s other leading hotels and resorts, as well as useful telephone numbers and facts for visitors, including information about language, visas, currency and more.

Chapter | Legal Framework from The Report: Abu Dhabi 2013

This chapter outlines the general rules for establishing a business in the emirate, including the key corporate, labour and property laws relevant to companies doing business locally in Abu Dhabi. The chapter also includes an overview of the judicial structure, as well as information on arbitration and appeals.

Chapter | Tax from The Report: Abu Dhabi 2013

This chapter provides an overview of tax regulations in Abu Dhabi. It includes information on corporate taxation, foreign investment incentives and free trade zone advantages for foreign businesses. It also provides a guide to intellectual property law and import taxation.

Chapter | Media & Advertising from The Report: Abu Dhabi 2013

Recent growth within the media and advertising sector has highlighted the potential of local creative industries. Indeed, going forward the industry is expected to expand considerably, with advertising projected to top $94m in 2015. However, the sector is also undergoing a number of important changes. Newspaper and radio advertising, for example, is expected to decline slightly between 2011 and...

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