The Middle East

In 2017 the UAE was home to the largest and fastest-growing insurance sector in the GCC. The industry has recorded strong compound annual growth rates (CAGRs) in both non-life and life segments during the last decade, while takaful (Islamic insurance) products have developed considerably since 2012. This robust performance across lines...

The Barakah Nuclear Energy Plant, which is being built by the Emirates Nuclear Energy Corporation (ENEC) 50 km from Ruwais, has four reactors totalling an installed capacity of 5600 MW, and is set to change the face of Abu Dhabi’s power generation.

Over the next five years Abu Dhabi National Oil Company (ADNOC), already one of the world’s biggest energy companies, plans to invest $45bn to become a global leader in the downstream segment, as part of its 2030 growth strategy. Central to this is the development of the Ruwais complex into the world’s largest integrated refining and chemicals...

With strong private sector and foreign investor engagement, the utilities sector in Abu Dhabi is one of the most enduringly attractive to a wide range of businesses. Despite the economic slowdown of recent years, vital big-ticket projects in areas including nuclear energy, solar energy and desalination are continuing to progress at pace.