Trade & Investment
From The Report: Abu Dhabi 2019
View in Online Reader

In both Abu Dhabi and the wider UAE, diversification away from the hydrocarbons sector is a key component of economic planning, and the emirate is moving to increase the role of non-oil exports in its trading profile. This will largely be supported by continued investment in the emirate’s port infrastructure, industrial and free zones, and the connectivity between the two. Agreements with Chinese authorities are expected to both boost port capacity in the emirate and help to build a foreign direct investment pipeline from China. This chapter contains interviews with Mohamed Thani Murshed Al Rumaithi, Chairperson, Abu Dhabi Chamber of Commerce; and Ahmed Ali Al Sayegh, Chairman, Abu Dhabi Global Market.

Articles from this Chapter

Overview

Upward exchange: Diversification efforts and growing financial services offerings support a wide-ranging investment portfolio
OBG
plus

In both Abu Dhabi and the wider UAE, diversification away from the hydrocarbons sector is a key component of economic planning, and the emirate is moving to increase the role of non-oil exports in its trading profile. This will be largely supported by continued investment in the emirate’s port infrastructure, industrial and free zones, and the connectivity between the two. Agreements with Chinese authorities are expected to both boost port capacity in the emirate and help to build a foreign direct…

Interview

Decisive solutions: Mohamed Thani Murshed Al Rumaithi, Chairperson, Abu Dhabi Chamber of Commerce (ADCCI), on supporting the private sector and high-end manufacturing
OBG
plus

Interview :Mohamed Thani Murshed Al Rumaith In what ways can industrial policy help attract investments to technology-oriented segments? MOHAMED THANI MURSHED AL RUMAITH: The government has been promoting the private sector as the engine of economic growth. The 2016-20 Industrial Strategy aims to support highend, high-value-added sectors, such as downstream petrochemicals, pharmaceuticals, aviation, precision engineering and renewable energy. Joint ventures and preferential treatment are…

Interview

International collaboration: Ahmed Ali Al Sayegh, Chairman, Abu Dhabi Global Market (ADGM), on the importance of stronger global partnerships
OBG
plus

Interview :Ahmed Ali Al Sayegh What is ADGM’s take on cross-border connectivity? AHMED ALI AL SAYEGH: Situated at the heart of the East-West corridor, Abu Dhabi is a natural link to the markets of the Middle East and Africa, the Indian subcontinent, South-east Asia and China. In 2018 ADGM marked its third year of successful operation as an international financial centre established to support the long-term economic growth of Abu Dhabi and the wider UAE. Every ADGM initiative has the emirate’s…

Analysis

On the market: A strong regulatory framework and diverse set of stakeholders support a new centre for financial investment and innovation
OBG
plus

The Abu Dhabi Global Market (ADGM) is one of the world’s younger financial centres, having opened its doors to global commerce in 2015, but its success so far reinforces excitement about what this new option will bring to the global financial services landscape. Situated on 114 ha of land on Abu Dhabi City’s Al Maryah Island, ADGM has been leveraging its hard and soft infrastructure to develop a modern, innovative and dynamic international financial sector with its strengths focused on three…