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Abu Dhabi’s non-oil GDP growth rate increases 7.1 percent in Q3

ABU DHABI / WAM By the end of Q3 of 2015, Abu Dhabi’s GDP (with fixed prices) was about AED200 billion, with a growth rate of 5.5%, compared to the same period during 2014, according to the latest estimates from the Abu Dhabi Statistics Centre. Through the outstanding performance of its activities, the non-oil sector contributed to strengthening Abu Dhabi’s ...

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ADNOC to host MPGC 2016

ABU DHABI / WAM Abu Dhabi National Oil Company (ADNOC) will host the 24th Annual Middle East Petroleum and Gas Conference (MPGC 2016) in Abu Dhabi, UAE from April 24-26, 2016. In a company statement, ADNOC said preparations are rapidly gathering steam with ministers, super major CEOs, oil companies’ senior management from ADNOC and its Group of Companies, and other ...

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Wholesale, retail compose 11% of GDP

ABU DHABI / WAM Wholesale and retail trade in the UAE is an important sector, constituting more than 11 percent of the gross domestic product(GDP) of the country and nearly 30 percent of the GDP of the Emirate of Dubai. Hamad Buamim, President and CEO, Dubai Chamber, in a statement to Emirates News Agency, WAM, announced that Dubai will host ...

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