Known as Musanada (meaning “support” or “assistance”), the Abu Dhabi General Services Company is charged with providing assistance and support services for all government departments, agencies and entities, as decided by the Abu Dhabi Executive Council. Established in 2007 to provide a variety of support services, including procurement, to Abu Dhabi government entities,...
The real estate sector in Abu Dhabi is currently in a period of growth and rising prices, after a downturn following the global financial crisis that began in 2008. According to a real estate market overview for the emirate by Jones Lang LaSalle (JLL), the third quarter of 2014 saw all segments simultaneously in recovery for the first time since 2008. The firm reported...
As of April 2014, the total value of construction projects under way or in the pipeline in the UAE stood at $727bn, according to estimates from the Middle East Economic Digest (MEED), making the country the second-largest construction market in the GCC. Some 36% of this amount was made up of mixed-use developments, followed by...
The local aerospace and defence industry has witnessed significant developments over the last year, including the launch of the Emirates Defence Industries Company (EDIC) in December 2014 by Mubadala Development Company and Tawazun Holding.
Abu Dhabi’s defence industry has grown at an impressive pace in recent years, bolstered in large part by the expansion of its local manufacturing capabilities. Several leading global players have partnered with the emirate to establish facilities locally, a demonstration of the success of the country’s offset programme, and ensuring a steady, long-term supply of high-...
Driven in large part by targeted government investment, an offset programme aimed at bolstering domestic capacity and regional unrest that has led to greater defence spending, Abu Dhabi has witnessed tremendous growth in its aerospace and defence industry of late. In the aerospace sector, the emirate has already established itself as a leading global provider of...
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