The Business Year

Abu Dhabi 2020

PUBLISHED April 2020



Abu Dhabi made significant strides over 2019, posting solid private-sector growth. Throughout the year, several prominent initiatives and entities were also launched by both the local and federal governments. From foreign business ownership laws being relaxed nationally, to the establishment of an export credit agency in Abu Dhabi, it is clear that enhancing the overall competitiveness of the country remains the core priority of the leadership.

We believe contained within these pages is an accurate, balanced account of the state of the local economy, told through the words of the dozens of top public- and private-sector figures. The Business Year’s country-specific publications, sometimes featuring over 150 face-to-face interviews, are among the most comprehensive annual economic publications available internationally. This 264-page publication covers financial and capital markets, insurance, oil and gas, refining and petrochemicals, services, alternative energy and utilities, environment and water, transportation, real estate and construction, heavy industry, agriculture and food security, public safety, defense and aerospace, education, health, technology, media and communications, tourism, and entertainment. The publication features dozens of interviews, including:

  • Imran Khan, Prime Minister of Pakistan
  • Mohammed Ahmed Bin Abdulaziz Al-Shehhi, Undersecretary of Economic Affairs, Ministry of Economy
  • Mohammed Ali Al Shorafa Al Hammadi, Chairman, Abu Dhabi Department of Economic Development (ADDED)
  • Abdulla Ahmed Al Suwaidi, Director General, Statistics Centre Abu Dhabi (SCAD)
  • Amr Al Menhali, CEO, Waha Capital
  • Marcello Baricordi, General Manager MENA, Visa
  • Sheikh Mohamed Bin Saif Bin Mohamed Al-Nahyan, Chairman, Abu Dhabi National Insurance Company (ADNIC)
  • Dr. Sultan Ahmed Al Jaber, UAE Minister of State & ADNOC Group CEO
  • Philippe Peccard, President Middle East, Linde Group
  • Yousef Al Nowais, Chairman & Managing Director, Arab Development
  • Awaidha Murshed Al Marar, Chairman, Abu Dhabi Department of Energy (DoE)
  • Yasser Zaghloul, CEO, National Marine Dredging Company (NMDC)
  • Falah Al Ahbabi, Chairman, Department of Municipalities and Transport (DMT)
  • Tariq Ahmed Al Wahedi, CEO, Agthia Group
  • Faiz Saleh Al Nahdi, CEO, Tawazun Industrial Park (TIP)
  • Dr. Arif Sultan Al Hammadi, Executive Vice President, Khalifa University of Science and Technology
  • Omar Sultan Al Olama, UAE Minister of State for Artificial Intelligence
  • Samia Bouazza, Founder & Managing Director, Multiply Marketing Consultancy
  • Mohamed Al Zaabi, CEO, Miral Asset Management


The publication also features a range of articles and analysis, including:

  • The UAE political system
  • Oil & Gas 4.0
  • In-country value
  • Polymers park at Kizad
  • Energy trilemma
  • Protecting Abu Dhabi’s coast
  • Dredging and reclamation
  • UAE food security
  • Cybersecurity
  • Defense exports