UAE: Abu Dhabi Economy Articles & Analysis

Chapter | Security, Aerospace & Defence from The Report: Abu Dhabi 2019

The UAE continues to spend heavily on its military capabilities, while at the same time pushing to expand its domestic defence-related manufacturing industries, as a means both to better protect its own national security and to contribute to diversifying its economy away from oil and gas. Significant agreements point to the long-term success of the goal of developing a domestic industry, even...

Abu Dhabi is the largest of the seven emirates that comprise the UAE, in terms of both its land mass and economy, and home to the majority of the country’s energy production and reserves. While the emirate is home to the world’s sixth-largest proven oil reserves, financial buffers have helped it diversify and yield steady non-oil revenues.

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Having declared its independence from Britain in 1971 as part of the federation of the UAE, the emirate of Abu Dhabi has significantly raised its political and economic profile in the intervening years, both regionally and internationally. While the emirate is home to the world’s sixth-largest proven oil reserves, financial buffers have helped...

 

What initiatives are under way to create an ecosystem supportive of young entrepreneurs, start-ups, and small and medium-sized enterprises (SMEs)?

 

What role does the DCD play in Abu Dhabi’s social development priorities, and what metrics will be used to ensure the success of its programmes?

 

Recent decades have seen a downward trend in corporate taxation, with headline corporate tax rates falling by 20 percentage points since the early 1980s. The average for advanced economies dipped to 22% in 2015, and investment incentives have further reduced effective rates for transnational corporations. After the 2007-08 global financial...

 

GCC countries have long appreciated the importance of education for their sustained development. However, the sector, and higher education in particular, has risen as a priority over the past decade with the launch of ambitious economic diversification plans across the region. These strategies seek to harness the potential of the GCC’s...

 

The fact that this museum has emerged in Abu Dhabi is very meaningful for France, as today you’re at the epicentre of the world in terms of accelerating globalisation. You are at the crossroads of the Western and Eastern worlds, facing towards Europe as much as towards the Arab world, India and China. You are the pivotal point between Europe,...