• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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While the government plays a key role in supporting residents in need, several charitable organisations are also part of the landscape of the emirate and the larger UAE. Some of these groups are explicitly focused on domestic issues, while others look further afield and financially support development projects abroad.

How does SCAD collate its information? What sources do you use, and do all government departments submit their own data?

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.

Is there a risk that high levels of government spending will crowd out the private sector?

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