The Middle East

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JUMEIRAH AT ETIHAD TOWERS T: + 971 2 811 5555 JAD info@jumeirah.com www.jumeirah.com/jumeirahetihadtowers Rooms: 382 rooms and suites, and 199 residences. Business & Conferences Facilities: Club executive lounge with complimentary food and drinks. Fully equipped conference centre and in-house audio-visual team and event planners. Mezzoon...

 

ETIQUETTE & DRESS: Hospitality plays a central role in Emirati culture and is also present in business interactions. Whether in business or social interactions, longer greetings are an important prelude before proceeding to other matters. Handshakes are common as a greeting in business settings...

Chapter | Islamic Financial Services from The Report: Abu Dhabi 2016

After a robust performance in 2015, the sector has entered 2016 ready to weather the economic challenges presented by a subdued oil price and is well positioned to pursue growth where opportunities arise in the coming years. With total assets estimated at $127bn in 2014, the UAE has one of the largest sharia-compliant banking sectors in the world – the third largest after Saudi Arabia and...

Chapter | Capital Markets from The Report: Abu Dhabi 2016

The Abu Dhabi Securities Exchange (ADX) has quickly developed from a fledging investment platform to an institution of global significance. At the end of 2015 a total of 66 public companies were listed on the exchange, with insurance, banking and industry making up the largest subsectors in terms of listings. The government has made moves to expand its debt and bond offerings in recent times,...

Chapter | Banking from The Report: Abu Dhabi 2016

With assets of Dh2.47trn ($672.3bn) as of December 2015, the UAE banking system is the largest in the region. These assets are deployed within the federation as well as across the GCC, the traditional destinations of Europe and the US, and the world’s emerging markets. While local lenders remained profitable in 2015, the effects of a sustained drop in oil prices were seen in both balance...

Chapter | Trade & Investment from The Report: Abu Dhabi 2016

Recent decades have seen the GCC become increasingly connected to the wider global economy through trade and investment links. Over the years capital flows between the Gulf and the rest of the world have deepened significantly, with both the historically important blocs of Europe and North America, and emerging market economies such as India, China and Brazil. The total stock of FDI in Abu...

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