Abu Dhabi on course with diversification as non-oil economy records expansion | The National

Abu Dhabi on course with diversification as non-oil economy records expansion | The National:

"Abu Dhabi’s non-oil economy grew at a compound rate of 6.9 per cent a year in the five years to 2012.

The growth lifted the share of the emirate’s economy unrelated to hydrocarbons to 48 per cent, according to the Department of Economic Development.

The emirate’s 2030 Economic Vision calls for the non-oil sector to reach 64 per cent of the economy by 2030, compared with 44 per cent in 2010.

The emirate’s economic activity unrelated to oil and gas rose to US$88.5 billion by the end of 2012, increasing its share of the total economy by 5 percentage points to 48 per cent, the department said."

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