The Report - Emerging Abu Dhabi

ISSN 1755-2796
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Abu Dhabi is the largest of the seven emirates that comprise the United Arab Emirates (UAE), and its principal city, also called Abu Dhabi, is capital of the country. Six emirates - Abu Dhabi, Ajman, Dubai, Fujairah, Sharjah and Umm Al Quwain - banded together following British withdrawal from the region in 1971, with Ras Al Khaimah joining in 1972. Oil was first discovered in Abu Dhabi in 1958 and in the five decades since then, revenues from oil and gas have transformed the emirate into one of the world's richest locations. Indeed the UAE sits upon 9% of the world's proven oil reserves and 5% of the planet's natural gas reserves, with Abu Dhabi enjoying the lion's share of this - 95% of oil and 92% of gas. Abu Dhabi is the largest of the seven emirates, with 2005 census figures putting the population at almost 1.3m out of a total UAE population of around 3.8m.

Publisher: Oxford Business Group

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