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Article: Supplement: Cityscape - UAE - The ripple effect.(Company overview)
- Article from:
- Foreign Direct Investment
- Article date:
- October 1, 2008
CopyrightCOPYRIGHT 2008 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Lara Williams
The unprecedented construction boom in the United Arab Emirates (UAE) in the past few years had been largely limited to the emirate of Dubai. But rapid urban development is fast spreading to neighbouring emirates, including Abu Dhabi, which has set its sights on becoming the UAE's leading business and commercial centre.
Although Abu Dhabi is home to about 95% of the UAE's oil reserves, the emirate's leadership is determined to avoid the pitfalls of oil dependency through business diversification and an ambitious urban development plan, Plan Abu Dhabi 2030. The development will see the capital city of the UAE transformed into a ...