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Information Centre of the Abu Dhabi Chamber of Commerce and Industry

Information Centre of the Abu Dhabi Chamber of Commerce and Industry latest

Al Bawaba
September 19th, 2006 - 06:57 GMT

New housing projects in Abu Dhabi generate important economic waves: report

Industry observers indicate that as a result of new housing and real estate developments in Abu Dhabi, the emirate’s construction industry has surged, employment created, and the economy strengthened in general as a result of economic diversification. Construction and other non-oil sectors were boosted by the real estate market, while the fixed capital formation in the UAE is projected increase to Dh5.9 billion in 2006 from Dh5 billion in the ...
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