Economies around the Gulf region have faced a challenging economic environment since the second half of 2014, but a more optimistic outlook for international oil prices in 2017 has offered some welcome relief. The process of fiscal reform that the oil price decline precipitated is, however, set to continue. The restructuring of Abu Dhabi’s...
Abu Dhabi City is today undergoing a dramatic change and expansion, yet this is just the most recent stage of a process that has been under way for many years. Over the last few decades the UAE’s capital has been transformed from a small collection of government buildings, harbour facilities, houses, markets and mosques into a major city. The...
The transport sector in Abu Dhabi is gearing up for further progression, with a new strategy taking the emirate towards a smarter future for its airports, highways and harbours. Developments in the region are linking the emirate ever closer to its neighbours, with transport systems transforming the Gulf into a more integrated, multi-modal...
What are the biggest priorities for infrastructure development and integration going forward?
The UAE has been moving steadily towards achieving its development goals through flexible strategies that set the country apart, allowing it to overcome the challenges and turn the changes witnessed by the region and the world today into meaningful opportunities. It does this through the resolve and determination of its leadership, and the...
Both the federal government of the UAE and the government of Abu Dhabi have done much to cut expenditure since 2015. However, with the medium-term outlook suggesting that the fiscal breakeven price will remain above the projected oil price and the emirate set on diversifying its economy in line with the Abu Dhabi Economic Vision 2030, the need...
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