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 past decade has seen substantial changes in the global economy and geopolitics, with the rise of China and Russia’s re-emergence on the global stage being two particularly important trends. These developments are creating new opportunities for GCC member states as they look to diversify their economies and trade, seek investment...
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...
In June 2016 the UN High Commissioner for Refugees said that the total number of displaced persons globally topped 65m, the highest number since the agency began collecting data during the Second World War. Given the size of the task, a multifaceted response is required, enlisting the help of multilateral institutions, national governments and...
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...
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