UAE: Abu Dhabi Economy

Displaying 31 - 36 of 220

Describe the role played by the private sector in terms of attracting international investment.

With the launch of a series of initiatives to support growth in the non-oil sector, Abu Dhabi is reinforcing its efforts to diversify the economy away from hydrocarbons.

 

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...

 

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...

 

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?

 

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

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