Demand for prime residential properties rose in the first half of 2013, as government employees prepared to comply with a new rule requiring that they live within the emirate to qualify for the government housing allowance. Announced in 2012 and effective as of September 2013, the rule applies to Abu Dhabi’s 23,000 government employees, of which...
As construction projects ramped up in 2013, the Statistics Centre - Abu Dhabi (SCAD) announced plans to expand the number of indicators included in its monthly report on construction costs. By the end of the year, SCAD announced that it would begin monitoring the price of land and transport in the building material price reports, which currently...
In January 2009, on the eve of the second World Future Energy Summit, Abu Dhabi’s government announced that by 2020 at least 7% of the emirate’s power generation capacity would come from renewable sources. In the half decade since then, Abu Dhabi has become one of the Gulf’s most prominent players in the areas of energy sustainability and...
Steadily rising automobile ownership rates throughout the UAE over the past decade have contributed to a jump in demand for motor fuel in recent years. As of the end of 2013 four companies operated petrol stations in the country, including the distribution arm of the Abu Dhabi National Oil Company (ADNOC Distribution), which is owned by the...
The rise of the aviation sector in the Gulf over the past decade is the result of rapidly changing economic and demographic conditions around the world, which have spurred governments throughout the region to direct considerable investment towards improving air transport infrastructure and expanding national carrier. Abu Dhabi is at the...
With the goal of upgrading existing facilities and laying the foundations for future economic growth, the Abu Dhabi government is investing billions in public infrastructure. Transportation and energy projects comprise about a third of planned or existing construction spending in the UAE, according to a recent report from ...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×