博鱼体育娱乐平台

UAE Top Stories

List of all articles filed under “uae-top-stories” category.

Abu Dhabi Report Abu Dhabi future metropolis of the UAE

Within the UAE, Abu Dhabi owns the lion鈥檚 share of oil and gas鈥� 95 percent and 92 percent, respectively. As a result, with US$ 63,000, Abu Dhabi is ranked third in the world in terms of GDP per capita (ahead of Switzerland, but behind Luxemburg and Norway). 鈥淚 think the appeal of Abu Dhabi is that it represents about 60% of the economy of the UAE鈥�, says Michael H. Tomalin, Chief Executive (CE)聽of National Bank of Abu Dhabi (NBAD), the largest bank in Abu Dhabi . NBAD鈥檚 major shareholder is the state. Only 30 percent of NBAD-stocks are listed at the Abu Dhabi Exchange and this is representative for most UAE banks.

Ras al-Khaimah (RAK)

For H.H. Sheikh Saud Bin Saqr Al Qassimi, Crown Prince and Deputy Ruler of Ras al-Khaimah, or simply RAK, this title is not enough. His Highness wants to raise RAK to the top of the 博鱼体育娱乐平台 Eastern economic, tourism and industry rankings. RAK鈥檚 GDP has grown by more than 50 percent over the last four years and the fast growing emirate, riding a wave of massive inward investment, is expected to clock an annual growth rate of over 15 percent in the next few years.

Ajman, Umm al Quwain and Fujeirah emirates with potential in the UAE

Among travelers, Ajman is well-known for the beach hotel, Ajman Kempinski, but the journey does not stop here. Despite being the smallest of the seven emirates that make up the United Arab Emirates, 鈥淎jman is emerging as one of the big players in the real estate sector鈥�, Imad Dana, CEO of Al Zorah, is convinced.
Fujairah, the easternmost emirate of the UAE with a fabulous coast on the Gulf of Oman, is already home to an international airport and, even here, figures are all on the rise.
In five years time, the emirate of Umm Al Quwain wants to be as popular as the other six emirates. Literally, Umm Al Quwain means 鈥渢he mother of two powers鈥�, a reference to the seafaring tradition of this emirate. It is home to 62,000 people and ruled by the Al Mu鈥檃lla-family.

Scroll to top
Close