Al Gharbia encompasses the western part of the emirate of Abu Dhabi and, at 35,250 sq km (59% of Abu Dhabi emirate), is also larger than any other emirate in the UAE. The government’s strategy for the development of the region is laid out in Plan Al Gharbia 2030. Priority sectors for development include energy, desalination, petrochemicals, tourism and food production, with major...
Strong expansion in Abu Dhabi’s high-quality retail stock with a focus on added entertainment and food and beverage components has helped to draw crowds, with the emphasis on malls as destinations in themselves increasingly reflected in the proportion of space given over to food and beverage outlets, and the greater variety among concessions. Wholesale and retail trade in the emirate totalled...
With proven crude oil reserves of 98bn barrels and an established downstream infrastructure, which has positioned the UAE as the sixth-largest petroleum producer in the world, the country’s industrial landscape is dominated by hydrocarbons activity. In 2014 the Investment Development Bureau identified several targets for future development, including building materials, petrochemicals, metals...
Real estate development in Abu Dhabi is dominated by large, mostly local government-backed companies, several of which are responsible for the master development of various emerging areas of the city including Yas Island, Al Maryah Island and Zayed Sports City. Meanwhile, the value of construction sector activity in Abu Dhabi increased to $24.9bn in 2014 from $23.3bn a year earlier. Sector...
Abu Dhabi’s transport and logistics industry has been growing rapidly in recent years, with 2014 being an encouraging year in this respect. The transport and storage sector’s total GDP contribution stood at Dh40.5bn ($11.02bn) for 2014, equivalent to 4.3% of the emirate’s GDP, up from 3.7% in 2013 and 3.3% in 2010. The emirate has seen air traffic grow rapidly from 169,931 aircraft movements...
Abu Dhabi’s security, aerospace and defence industries have become a critical component of the emirate’s ongoing push to both protect critical national infrastructure and its interests abroad, as well as transform itself into a knowledge-based, diversified economy. Total military spending in the UAE stood at 5.1% of GDP in 2012 before rising to 6.1% in 2013 and then moderating to 5.7% in 2014...
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