Abu news 2019

Here are some of the top news stories from Abu Dhabi in 2019:

  1. Abu Dhabi's non-oil trade surplus reaches AED 143 billion: In January 2019, the Abu Dhabi Department of Economic Development announced that the emirate's non-oil trade surplus had reached AED 143 billion (USD 39 billion) in 2018, a significant increase from the previous year.
  2. Abu Dhabi's GDP growth rate reaches 2.4%: In February 2019, the Abu Dhabi Statistics Centre announced that the emirate's GDP growth rate had reached 2.4% in 2018, driven by growth in the non-oil sector.
  3. Abu Dhabi's tourism sector sees significant growth: In March 2019, the Abu Dhabi Tourism & Culture Authority announced that the emirate's tourism sector had seen a significant increase in visitors, with a 12% growth in tourist arrivals in 2018.
  4. Abu Dhabi's Louvre Museum opens to the public: In November 2017, the Louvre Abu Dhabi museum opened to the public, featuring a collection of over 600 artworks from around the world. In 2019, the museum welcomed over 1 million visitors.
  5. Abu Dhabi's Etihad Airways announces major restructuring: In April 2019, Etihad Airways announced a major restructuring plan, which included the reduction of its workforce and the sale of some of its assets.
  6. Abu Dhabi's ADNOC announces major oil discovery: In June 2019, the Abu Dhabi National Oil Company (ADNOC) announced a major oil discovery in the emirate, which was expected to increase the country's oil reserves.
  7. Abu Dhabi's Yas Marina Circuit hosts Formula 1 race: In November 2019, the Yas Marina Circuit in Abu Dhabi hosted the Formula 1 Etihad Airways Abu Dhabi Grand Prix, which was won by Lewis Hamilton.
  8. Abu Dhabi's ADNOC Distribution IPO raises AED 10.4 billion: In October 2019, ADNOC Distribution, the retail arm of ADNOC, raised AED 10.4 billion (USD 2.8 billion) in an initial public offering (IPO) on the Abu Dhabi Securities Exchange.
  9. Abu Dhabi's Masdar City announces major solar power project: In September 2019, Masdar City, a sustainable urban development project in Abu Dhabi, announced a major solar power project, which was expected to generate enough electricity to power over 10,000 homes.
  10. Abu Dhabi's Expo 2020 preparations underway: In 2019, preparations for Expo 2020, which is being held in Dubai, but also has a significant presence in Abu Dhabi, were underway. The event is expected to attract millions of visitors from around the world.

These are just a few of the top news stories from Abu Dhabi in 2019. The emirate continues to be a major hub for business, tourism, and culture in the Middle East.