The Report: Abu Dhabi 2016

The Report: Abu Dhabi 2016
Author :
Publisher : Oxford Business Group
Total Pages : 348
Release :
ISBN-10 : 9781910068588
ISBN-13 : 1910068586
Rating : 4/5 (586 Downloads)

Book Synopsis The Report: Abu Dhabi 2016 by : Oxford Business Group

Download or read book The Report: Abu Dhabi 2016 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2016-05-09 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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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