11 Aug 2010
(MENAFN) The Director of Statistics Center Abu Dhabi (SCAD) said that crude oil’s contribution to the gross domestic product (GDP) of Abu Dhabi came at 49.4 percent in 2009 compared to 60.9 percent in the previous year and 56.4 percent in 2007, Gulf News reported.
Upon such a fall down, the emirate’s programs aim at enlarging its economic base, expanding its revenue sources and decreasing this percentage up to 36 percent by the year of 2030 based on an effective plan, stated by director.
Abu DhabiÂ’s GDP at current prices dropped to $148.9 billion in 2009, down from $181 billion in previous year, while fixed capital formation grew to $21 billion, up from $19.6 billion in 2008, the SCAD report said.
In addition to that, foreign trade contributed with 73 percent of the emirateÂ’s GDP in 2008, reflecting the Abu DhabiÂ’s highly developed level of commercial activity and economic the importance of foreign trade presented in its exports and imports components. SCAD officials said the figures for 2009 are still being worked out.
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more