ADIPEC 2024 will be held in Abu Dhabi on 4-7 November 2024, with a renewed commitment to advancing tangible action across the entire energy value chain, accelerating decarbonisation and advancing the global energy transformation. ADIPEC will support the realisation of a cleaner, more secure, and sustainable future for all. Taking place at ADNEC, ADIPEC will convene diverse energy producers, the…
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Abu Dhabi stands at the forefront of the MENA region’s economic growth, boasting a 9.3% growth rate in 2022. Looking ahead, the emirate’s ambitious roadmap, the Abu Dhabi Economic Vision 2030, charts a course for economic transformation. A key goal of the roadmap is to substantially reduce reliance on hydrocarbons, with a target of achieving 64% of GDP from non-hydrocarbons sectors by 2030. Th
Viewpoint:Emilio Pera As the capital of the UAE, Abu Dhabi is an economic centre that attracts people and businesses from around the world. The emirate’s strategic location, stable political environment and forward-think-ing policies make it a popular destination for both established and emerging businesses. The introduction of a federal corporate tax pre-sents challenges and opportunities…
The Covid-19 pandemic exposed global supply chain inefficiencies, affecting manufacturing and retail alike. Abu Dhabi, as well as the broader UAE, is applying lessons from this era and focusing on self-sufficiency and local supply chains. This approach strengthens local retail and wholesale operations, which are adapting to the 5% value-added tax introduced in 2018. At the same time, enhanced governance,…
Abu Dhabi’s commitment to diversification and improving its business environment led the emirate to record the MENA region’s fastest economic growth rate in 2022, at 9.3%. The focus on strengthening and diversifying manufacturing lines, alongside enhancing export capabilities, is propelling continued growth. Regulatory updates and progressive development strategies seek to revitalise foreign direct…
Abu Dhabi is creating an environment that supports the growth of the e-commerce segment, backed by evolving regulations, strategic infrastructure initiatives, and support for small and medium-sized enterprises (SMEs). Regulatory Development In September 2023 the UAE Cabinet announced a new e-commerce law that aims to boost the country’s digital economy and enhance its economic competitiveness. The…
As part of the UAE’s efforts to enhance long-term economic resilience, the country has unveiled numerous strategic initiatives to support the growth and diversification of export products and markets. Notably, the federal government has stepped up efforts to develop comprehensive economic partnership agreements (CEPAs) with high-potential overseas markets, while supporting manufacturers to enhance…
