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Economic indicators prove that the economy of the United Arab Emirates remains stable locally and internationally where social, political and security stability have been contributing to the growth of the economy of the U.A.E. This has led to the increase of production in various sectors within the Emirates, which can be witnessed by the robust growth of the city of Abu Dhabi.

Successful policies of diversifying sources of income have also assisted in building an economy that does not only rely on oil as a source of income. Accordingly, the non-oil sector income inputs have reached a rate of 15.5% from the GDP of the UAE, one factor which that has led to an increase the standards of living in the UAE.

GENERAL INFORMATION OF ABU DHABI

• Religion: Islam.
• Official Languagr: Arabic.
• National Day: 2nd of December.
• Time Zone: GMT + 4.
• Abu Dhabi: Capital of the United Arab Emirates.
• Area: 67.000 Square Kilometers.
• Currency: Arab Emirates Dirhams (AED).
• Weekend: Friday and Saturday (for government institutions).

ADVANTAGES OF INVESTING IN THE UAE

• Strategic geographic location.
• Robust GDP growth.
• State of the art infrastructure and a multi-modal transportation network.
• One of the most stable political countries in the Middle East North Africa region.
• Government commitment to large scale, structured investment programs.
• Double taxation agreements with several countries.
• Preferential access to neighboring and international markets through numerous trade agreements.
• Safe and friendly environment.

 BENEFITS OF INVESTING IN ABU DHABI

• Economic and political seat of power for the UAE.
• Strong focus on industry, real estate and tourism to sustain economic growth using the twin pillars of diversification and privatization.
• GDP is projected to rise significantly over the coming few years driven by the oil and gas industry as well as the diversified manufacturing base.
• Abundance of energy: Abu Dhabi owns vast hydrocarbon wealth accounting for 95% of the country’s oil reserves and 92% of its gas.
• Focus on developing specialized economic zones in order to strengthen the national economy and to support it with additional income sources.