The Report: Abu Dhabi 2016

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  • The Report: Abu Dhabi 2016 Book Detail

  • Author : Oxford Business Group
  • Release Date : 2016-05-09
  • Publisher : Oxford Business Group
  • Genre : United Arab Emirates
  • Pages : 348
  • ISBN 13 : 1910068586
  • File Size : 45,45 MB

The Report: Abu Dhabi 2016 by Oxford Business Group PDF Summary

Book Description: Subdued oil prices prompted a trimmed federal budget for 2016 as the UAE, like other countries in the region, tightened its belt in response to falling hydrocarbons revenues. However, a sustained focus on economic diversification and targeted investment in Abu Dhabi’s key non-oil sectors in recent years means the emirate is well positioned to weather the storm. Looking forward, plans for future development are mapped out in Abu Dhabi Economic Vision 2030, a comprehensive economic policy document that aims to reduce dependence on oil and gas, thereby creating a more sustainable knowledge-based economy for the emirate and its inhabitants. Aided by hydrocarbons reserves that are among the world’s largest and substantial financial resources, Abu Dhabi has built up a strong foundation to become a regional leader and an increasingly important global player in a wide variety of sectors, including oil and gas, financial services, health care, aviation and renewable energy.

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