Abu Dhabi remains at the forefront of the UAE’s drive for green energy innovation. From its living technology laboratory, Masdar City, to its commitment to the advancement of renewable sources of energy, the Emirate is at the heart of sustainable development and it continues to drive progress and fund crucial new research projects. The Emirate is host to the global headquarters of the International Renewable Energy Agency (IRENA): in addition to providing substantial funding, Abu Dhabi is working to support the agency in delivering its global mandate.
Representing a united effort between the Abu Dhabi Council for Economic Development and the public and private sectors of the Emirate, the Abu Dhabi Economic Vision 2030 sets out a long-term plan to significantly diversify its economy and increase the non-oil share of overall economic output from 40% to 60%. This ambitious strategic roadmap focuses on building a sustainable economy in which a balanced approach to social and regional economic development is taken.
The Abu Dhabi Economic Vision 2030’s transformative plan for the future is representative of Abu Dhabi’s commitment to a sustainable future in which growth and opportunity are the cornerstones of the economy.
SustainabilityMasdar City is a low-carbon, mixed-use development that pushes the boundaries of smart design and technology – making it one of the most sustainable cities in the world. The city is pioneering a “greenprint” for how existing and future cities can accommodate rapid urbanization, while dramatically reducing energy, water and waste.
Situated in the emirate’s fastest growing corridor, 17 kilometres from downtown Abu Dhabi, Masdar City is a special economic zone where current and future renewable energy and clean technologies are showcased, marketed, researched, developed, tested and implemented.
The city is growing its neighborhoods around the Masdar Institute of Science and Technology – a research university dedicated to cutting-edge solutions in the fields of energy and sustainability. The institute is Masdar City’s nucleus, which extends a spirit of innovation and entrepreneurship throughout the city. Companies can foster close ties with the university and partner to spark economic growth and accelerate breakthrough technologies to market.
Doing Business in Abu Dhabi
With a clear path set for economic diversification and expansion, regulations designed to support growth and innovation and a commitment to a sustainable development, Abu Dhabi is primed for economic growth.
Hospitality is at the heart of Emirati society, and those new to the UAE’s business environment will find that good manners and courtesy are crucial attributes for a successful business interaction.
Abu Dhabi has a strong sense of heritage, and offers a range of cultural tourist a range of interesting options. The careful attention paid to new tourism initiatives and programmes is leading to the Emirate emerging as a cultural hub within the region.
Abu Dhabi’s wealth of national museums, archaeological sites and art centres chart the rich and distinct culture at the heart of the Emirate. Tourist hotspots include Abu Dhabi Heritage Village and the beautiful Al Jahili Fort which provides visitors with the opportunity to experience one of the UAE’s most historic buildings. The Emirates Palace, UAE Pavilion and Sheik Zayed Bridge are just a few of the many iconic landmarks in the region.
The UAE is home to a diverse and beautiful array of marine and wildlife, and eco-tourism is an integral part of Abu Dhabi’s economic plans. Abu Dhabi’s eco-tourism goes hand-in-hand with its sustainability concerns and visitors to the Emirate can access a wealth of nature reserves, wildlife parks, islands beaches and oases.
Abu Dhabi is undoubtedly one of the entertainment hubs of the UAE and whether seeking pleasure or leisure, the Emirate offers world-class attractions. Yas Island, a regional epicentre of entertainment, is home to the world’s largest indoor theme park, Ferrari World, and the world’s fastest rollercoaster.
Shopping in Abu Dhabi offers a diverse experience with everything from sleek malls with the latest brands to small traditional outlets where you can buy perfumes, handicrafts and spices.
From luxury goods to Arabian souvenirs, carpets, gold and food delicacies, you’ll find it all in the shopping centres, souks and markets of Abu Dhabi. Prices can vary but in general are reasonable, especially if you are good at bargaining! Most shops are open from 10am – 10pm, although some outlets have extended lunch breaks.
The sheer volume of dining options and the wide variety of restaurants in the region can sometimes bewilder visitors. World cuisine mixes with traditional Middle Eastern dishes, offering a mix of international flavours and top-quality service. Hotels serve alcohol and many superb unlicensed outlets can be found.
Travel to the World Future Energy Summit
The summit takes place at the Abu Dhabi National Exhibition Centre (ADNEC) and can be reached by taxi or coach. A regular coach service runs between Abu Dhabi and Dubai, starting from the Deira bus station in Dubai and arriving at Zayed Sports City, close to ADNEC. The venue has extensive parking facilities for those arriving by car.