Why you should Invest in the Industrial Sector?
Strategic geographic location.
Robust GDP growth.
State of the art infrastructure and a multi-modal transportation network.
Government commitment to large scale, structured investment programmes.
Double taxation agreements with several countries.
Preferential access to neighbouring and international markets through numerous trade agreements.
Safe and friendly environment.
Strong support by the Emirate for industrial projects.
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 specialised economic zones in order to strengthen the national economy and to support it with additional income sources.
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The turmoil in Egypt is causing economic jitters across the globe, pushing up food and oil prices so far, but bigger worries are ahead.
The unrest already has affected U.S. energy prices.
The average price for a gallon of regular gasoline in the U.S. was $3.12 on Friday – up 2.4 cents just in the past week. Analysts expect prices to stay above $3 a gallon – the highest since 2008 – and probably go higher until the conflict in Egypt is resolved and Mideast tensions ease.
Oil prices hovered at about $90 a barrel over the past week. Some analysts predicted the Egyptian crisis will lead to $100 per barrel prices sooner rather than later.
Traders worry the unrest might spread to oil-producing countries in the region and even affect shipments through the Suez Canal. Egypt is not a major oil producer, but it controls the canal and a nearby pipeline that together carry about 2 million barrels of oil a day from the Middle East to customers in Europe and the United States.
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