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Sunday, 2 April 2017

Abu Dhabi’s Plowing Ahead With These 10 Mega Projects During an Oil Slump - Bloomberg

Abu Dhabi’s Plowing Ahead With These 10 Mega Projects During an Oil Slump - Bloomberg:

"Abu Dhabi, which sits on about 6 percent of the world’s oil reserves, has pushed ahead with a construction program that began before crude prices slumped in 2014. From a branch of Paris's Louvre museum, a new airport terminal and a nuclear power plant, here are the 10 biggest projects underway in the sheikdom. With a combined value of 134 billion dirhams ($37 billion), they're expected to be completed by 2020, according to a list provided by the government this month in response to questions from Bloomberg.  For more about how the oil slump has impacted Abu Dhabi's spending, click here."



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