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FINANCIAL NEWS
Abu Dhabi to award USD49b worth of projects in 2013
26 Oct 2012
(MENAFN) The Middle East Economic Digest (MEED) stated that next year, Abu Dhabi will award USD49 billion worth of new projects, reported Gulf News.
Moreover, USD8.16 billion worth of project spending would be seen in Al Ain, which comes as part of the capital’s 2030 development strategy.
At the current time, over USD81.65 billion worth of projects are underway, led by USD32.66 billion projects in the oil and gas sector and USD26.67 billion worth of real estate and construction projects.
Projects worth USD13.06 billion are underway in the transport sector, whereas the healthcare is witnessing USD4.08 billion worth of projects.
It is worth noting that projects worth USD5.98 billion are being carried out in the capital’s manufacturing and industrial sectors, while the power and water sector has USD1.36 billion worth of projects.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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