Saturday, October 4, 2008

Abu Dhabi's Projects Hits US$ 500 Billion

Abu Dhabi's real estate projects to hit US$500bn
Zawya (press release) - United Arab Emirates
Abu Dhabi, the richest city in the world, has seen its gross domestic product (GDP) soar from US$40.6 billion in 2002 to US$108.9 billion in 2007 (more than 8 per cent per annum). The booming real estate and tourism sectors are playing a significant part in this success story as the total value of announced projects in the capital inches towards the US$ 500 billion mark (AED 1.83 trillion). ...

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