How will the private sector benefit from the development budget? Might it be necessary to import expertise to ensure spending goals are met?
The Middle East
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Articles & Analysis | Fuelling transport: Powering the aviation and shipping sectors from The Report: Abu Dhabi 2014
The rapid growth of Abu Dhabi’s air transport and maritime shipping industries over the course of the past decade has had a knock-on effect on the production and trading of jet and bunker fuel in both the emirate and the UAE as a whole. A number of major local players – including the Abu Dhabi National Oil Company’s (ADNOC’s) distribution arm,...
Interviews & Viewpoints | OBG talks to Khaldoon Khalifa Al Mubarak, Group CEO and Managing Director, Mubadala from The Report: Abu Dhabi 2014
As Abu Dhabi pursues its economic diversification priorities, what are the critical success factors for establishing new industry sectors?
Articles & Analysis | Engine of growth: The focus is now turning to exploiting sour gas reserves from The Report: Abu Dhabi 2014
Given the demands of power generation, industry and oil field reinjection, gas is becoming more important to the emirate’s economy. As such, in conjunction with international partners, Abu Dhabi National Oil Company (ADNOC) is turning to tight marginal reserves once thought commercially unviable.
Articles & Analysis | Signs of recovery: Inflation has been increasing alongside renewed activity in the real estate sector from The Report: Abu Dhabi 2014
Although inflation had been a growing issue prior to the 2008-09 global economic crisis, these concerns have since been receding. In December 2008, the inflation rate hit an all-time high of 12.3% – a level high enough to present a significant challenge for the Central Bank of the UAE (CBU). Finding its ability to respond to the trend through...
Articles & Analysis | Alternative means: Demand-side management shows promise to reduce consumption from The Report: Abu Dhabi 2014
With growth rates for peak electricity demand (5.9%) and water supply (5.9%) remaining high in 2013, the utilities sector has much work to do. Emphasis has largely been placed on additional investment and the supply side. However, the government is increasingly looking at demand-side management as a means of mitigating consumption trends and...