UAE: Abu Dhabi

Abu Dhabi is home to the world’s sixth-largest proven oil reserves and is working to achieve self-sufficiency in natural gas. It has been successfully pursuing diversification, particularly in terms of manufacturing, banking and ICT. While the global Covid-19 pandemic and decline in international oil prices poses challenges for the emirate, the fundamentals underpinning its economy remain strong.

Displaying 1 - 6 of 1154

After rising to the challenge of the pandemic early last year, educational institutions in the Gulf have continued to develop their digital strategies as part of broader plans for the future.

How has the GCC petrochemical industry been affected by the Covid-19 pandemic?

As Gulf countries look to rebound from the disruption of 2020, higher education institutions are playing a key role in meeting the needs of the region’s post-coronavirus economy.

How has the Covid-19 pandemic generated challenges and opportunities for economic development in Abu Dhabi?

– Economies in the region were hit by reduced trade volumes and lower oil prices

– Governments launched extensive stimulus packages to stabilise their economies

– Short-term recovery will be tied to oil prices and the resumption of travel

– The pandemic looks set to accelerate economic diversification efforts

While many Gulf nations were already working to diversify their economies prior to the coronavirus pandemic, the subsequent economic downturn and collapse in oil prices has meant that governments in the region have had to reassess and – in some cases – accelerate their strategic plans.

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart