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Abu Dhabi’s real estate projects to hit US$500bn

Posted on 06 October 2008

From Albawaba.com: Abu Dhabi Central Business DistrictAbu 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). It is at this crucial time that MEED, the business intelligence expert in the Middle East, and the Abu Dhabi Department of Planning & Economy have announced details of its Abu Dhabi 2008 conference….. Full Article: Source


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