UAE Project Outlook
As per leading business information platform ABiQ, UAE has over US$200 billion worth of active ongoing projects. Construction is the largest sector with active projects worth roughly around $100 billion. The construction market in UAE looks promising as the government continues to focus on developing new infrastructure to meet the demands of a growing population.
Oil & Gas is another strong sector after construction with projects worth over $50 billion. The UAE will spend, on average, $135 million per month in 2021 on Oil and Gas projects. Cash flow will peak in December 2021 at about $160 million. Abu Dhabi National Oil Company, ADNOC, has the vision to become gas self-sufficient by 2030. The vast Jebel Ali gas field discovered recently straddles the Abu Dhabi and Dubai border. Adnoc plans to develop this field and deliver gas to the Dubai Supply Authority (DUSUP) for distribution to power plants and other consumers.
The energy sector with projects worth around $48 billion is the 3rd leading sector in UAE. ABiQ estimates that UAE will spend around $3.8 billion in 2021 on these projects currently under construction, making the country the largest spender on energy & power projects in the Middle East and Africa region.
Get in touch with us to find more about these projects.
How can ABiQ help?
ABiQ can help you with your growth plans for the MEA region.
With our unique networking tool, you can:
- Track projects in Africa, UAE, and Saudi Arabia worth over $4 Trillion
- Access over a million companies in Africa and the Middle East
- Access Company shareholders, subsidiaries, and
detailed contact information
- Connect with decision-makers and grow your business in Africa and the
- Drive your growth strategy across all 54 African countries
Frequently Asked Questions
Here are some frequently asked questions about ABiQ.
What is ABiQ?
ABiQ stands for African Business Intelligence. We are the leading business intelligence platform that tracks ongoing and upcoming projects in Africa.
Which industries do you cover?
We cover multiple industries, including Government, Energy, Oil & Gas, Agriculture, Construction, Water, Healthcare, Financial Services, and many others.
How do you get your data?
We have an experienced team of on-the-ground researchers located across Africa. They conduct primary and secondary research to provide ABiQ with up to date and validated data on African projects. We then verify all data before adding it to our platform. We follow a rigorous methodology of data gathering to grow and maintain our content.
How is ABiQ different from other platforms?
ABiQ is the only platform that offers validated data and trusted intelligence on all 54 countries in Africa. We have over a million companies in our directory and opportunities worth trillions of US Dollars.
Is it a free service?
No, this is a paid subscription service. Get in touch, and we can suggest the package that suits you the best based on your requirement.
Can I get a trial?