Sixty years after Abu Dhabi’s first oil discovery at the Murban Bab oil field, industry is proving to be an engine of growth and economic diversification in 2019, as Emirati entrepreneurs explore and nurture new opportunities to reduce reliance on the volatile energy sector. Their efforts to diversify include vertical development into downstream industries such as...
With a strong pipeline of retail space under construction, including major regional destination malls and shopping developments to serve untapped communities, Abu Dhabi’s consumers can look forward to new experiences, fresh brands and greater choice. Existing operators are re-thinking mall management to give more prominence to food and...
Abu Dhabi’s media sector has enjoyed rapid growth in recent years as a result of sustained emirate and federal government support as well as the increase in local content being created in its dedicated media free zone twofour54. The presence of major international media corporations in the free zone has underlined the quality of the facilities...
The coming years look promising for start-ups in Abu Dhabi, as the number of new start-ups in the region continue to grow and the UAE maintains its dominant role in the field. The “2017 MENA Venture Report”, published by the technology platform MENA bytes, identified 134 investment deals reached in the region in 2017 and valued at $475m. UAE...
The UAE is at the forefront of developments in the regional telecoms market, boasting one of the highest smartphone penetration rates in the world, a reputation as a testing ground for emergent capabilities, and rapidly developing infrastructures for wireless broadband and fibre-optic services. At the emirate level, the Abu Dhabi Economic...
Blockchain – the distributed-ledger technology that underpins cryptocurrencies such as Bitcoin – appears set to transform a wide variety of industries and perhaps fundamentally change the way business is conducted across the global economy.
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