Boston, MA -- (SBWIRE) -- 11/28/2014 -- The UAE's oil giant, Abu Dhabi, is recognising the need to diversify its economy. Although oil will remain a major source of GDP, non-oil industries are expected to emerge as the new engines of its economy. The city also aims to use oil receipts to create an environmentally, socially and economically sustainable urban environment, as envisioned in Plan Abu Dhabi 2030. Oil revenue has made Abu Dhabi the world's richest city, with 83% of its household receiving income of US$100,000+ in 2012.

Euromonitor's City Review report

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