UAE: Abu Dhabi Industry

Chapter | Industry & Retail from The Report: Abu Dhabi 2020

Abu Dhabi’s industrial sector continues to be a key contributor to GDP and the drive for diversification away from oil- and gas-based growth. The sector has also widened its industry portfolio in recent years, with companies based in Abu Dhabi now ranging from steel production to high-tech manufacturing, among other areas. Many of these outfits are located in the emirate in order to take...

Abu Dhabi is home to the world’s sixth-largest proven oil reserves and is working to achieve self-sufficiency in natural gas. It has been successfully pursuing diversification, particularly in terms of manufacturing, banking and ICT. While the global Covid-19 pandemic and decline in international oil prices poses challenges for the emirate, the fundamentals underpinning its economy remain strong.

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Leveraging its location at the confluence of over 200 air routes, 150 shipping lanes, thousands of kilometres of road networks and a developing rail system, Abu Dhabi offers global and local businesses a range of industrial and free zones closely linked to these avenues. This dovetails with the emirate’s long-term development strategies, the...

 

In 2019 Abu Dhabi’s retail sector continued to adapt to a 5% value-added tax (VAT) that came into force in early 2018, with consumer confidence picking up as residents began to factor the new levy into their purchasing behaviours. Malls continue to dominate the retail space, which saw some 200,000 sq metres of gross leasable area (GLA) added...

 

Abu Dhabi’s industrial sector continues to be a key contributor to GDP and the drive for diversification away from oil- and gas-based growth. The sector has also widened its industry portfolio in recent years, with companies based in Abu Dhabi now ranging from steel production to high-tech manufacturing, among other areas. Many of these...

 

In what ways is Emirates Steel adapting to global trade dynamics, and what regions are best positioned to support international expansion plans?

 

How are automation and digitisation improving overall maritime logistics operations in Abu Dhabi?

 

The world’s largest single-site solar photovoltaic (PV) plant began commercial operations in Abu Dhabi, near the town of Sweihan, in late April 2019. The 1177-MW Noor Abu Dhabi solar plant features 3.2m solar panels spread across 8 sq km. Constructed with an investment of Dh3.2bn ($871m), the joint venture between Abu Dhabi Power Corporation (...

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