Economy

In late January 2012 the Abu Dhabi Technology Development Committee (TDC) launched a new initiative with the goal of stoking innovation and knowledge-based economic development. Known as Takamul – which means “integration” in Arabic – the programme offers financial support and legal guidance to local start-ups, entrepreneurs, and other...

As the home of the federal seat and the location of the great majority of the UAE’s oil reserves, Abu Dhabi has played a key role in developing the country’s reputation as a major political and economic player. While trade and other economic ties have been central to the UAE’s foreign policy for years, over the past decade energy policy, in...

The government’s strong fiscal balance means Abu Dhabi has only needed to issue a limited number of sovereign bonds. When the emirate has sold government securities at all, it has mainly been for the purpose of establishing a yield curve for the private sector.

With a substantial percentage of the world’s oil reserves and a reputation for careful economic and political oversight, Abu Dhabi has become a major regional player in recent years. In 2011 and 2012, despite ongoing political instability in the Middle East and concerns about long-term financial volatility in many Western markets, the emirate’s...

Over the past 40 years Abu Dhabi has grown into a major economic power in the Middle East. A series of ambitious long-term development policies have transformed the emirate, turning it into a regional economic, political and cultural heavyweight. As the capital of the UAE, the bustling city of Abu Dhabi (as opposed to the emirate with which it...

A key aim of Abu Dhabi’s labour policies is to increase participation by nationals in the workforce. The government takes a multi-pronged approach, combining employment quotas enforced at the federal level with emirate-specific policies – including investments in education and training, and job placement programmes – designed to develop an Emirati...