Industry

As steel consumption continues to grow in line with heightened demand in the region, the UAE is well positioned to meet rising production capacity requirements. After witnessing steady growth for the better part of the last decade, the global steel industry suffered a setback due to the global financial crisis in 2008, as consumers utilised existing inventories rather...

In the 1970s, the government of Abu Dhabi perceived the importance of diversifying its economy away from hydrocarbons. The vision of the late Sheikh Zayed bin Sultan Al Nahyan, the UAE’s first president, was crystallised when his son, Sheikh Khalifa bin Zayed Al Nahyan, president of the UAE and ruler of Abu Dhabi, set up the pillars of Abu Dhabi Economic Vision 2030....