In December 2011 the UAE Cabinet approved a new draft Commercial Companies Law that will replace the companies law that has been in place since 1984. Under development for several years, the new law as specified by the draft could spur investment in Abu Dhabi by making it easier to operate in the UAE and improving corporate governance. However, when...
Like most of the UAE, Abu Dhabi’s population is largely made up of expatriate employees and foreign workers. As of 2011, the most recent year for which full statistics are available, non-nationals accounted for 80% of the emirate’s total population, according to the Statistics Centre – Abu Dhabi (SCAD). While this number has grown slightly since...
The US and UAE enjoy a close relationship built on a shared commitment to security and continued economic growth between and within our countries. As a central aspect of this relationship, the Department of Homeland Security (DHS) – together with our other US federal partners – work closely on matters of mutual concern with Abu Dhabi and the UAE...
This year, Britain welcomed the world. We’ve had the extraordinary success of the Olympics and the pageant and tradition of the Diamond Jubilee. From heads of state and business leaders to athletes and spectators, Britain has been showing everyone what we can do best.
Thanks in large part to high oil prices and an increase in its hydrocarbons production, Abu Dhabi continued its economic recovery in 2011. Hydrocarbons remain at the centre of the emirate’s economy, accounting for nearly half of its GDP and almost 90% of government revenues in 2010. However, the government has a different vision for the future of...
How has economic policy been changed as a result of the global financial crisis? Have the targets of Economic Vision 2030 been revised?
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