Oil and gas contributed 58.5 per cent of Abu Dhabi's GDP in 2011, dwarfing other industries, the emirate's Department of Economic Development said in the most recently released section of the Abu Dhabi Economic Report 2011.
Construction and building contributed about 10 per cent to GDP in the year. Manufacturing contributed 5 per cent. Agriculture, forestry and fishing contributed 0.6 per cent.
The contribution of oil and gas was boosted by ballooning oil prices, which jumped by nearly 40 per cent from a year earlier.
The report said the value added in the oil and gas industry jumped to Dh471.8 billion (US$128.44bn) in 2011 from Dh291.5bn in 2006, an average annual growth rate of 10.1 per cent. The rate hit 53 per cent in 2011 because of high oil prices.
The value added in the manufacturing industry rose to Dh40.5bn in 2011 from Dh32.9bn five years earlier - an average annual growth rate of 4.2 per cent. For 2011 alone, the growth rate was 22 per cent, driven by the efforts of the Abu Dhabi Government to develop the sector, according to its 2030 plan to diversify the economy.
The worth of physical assets belonging to the manufacturing industry rose to Dh34.4bn in 2011 from Dh9.6bn in 2006 thanks to a boom in investment. Emal's aluminium smelter complex at Taweelah and Strata's air-parts manufacturing plant in Al Ain were built during this period.
Agriculture, forestry and fishing contributed value added of Dh4.8bn in 2011, up an average of 1.9 per cent a year since 2006, when the sector contributed value added of Dh4.4bn.
lgutcher@thenational.ae
Election pledges on migration
CDU: "Now is the time to control the German borders and enforce strict border rejections"
SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom"
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Zimbabwe v UAE, ODI series
All matches at the Harare Sports Club
- 1st ODI, Wednesday, April 10
- 2nd ODI, Friday, April 12
- 3rd ODI, Sunday, April 14
- 4th ODI, Sunday, April 16
Squads:
- UAE: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed
- Zimbabwe: Peter Moor (captain), Solomon Mire, Brian Chari, Regis Chakabva, Sean Williams, Timycen Maruma, Sikandar Raza, Donald Tiripano, Kyle Jarvis, Tendai Chatara, Chris Mpofu, Craig Ervine, Brandon Mavuta, Ainsley Ndlovu, Tony Munyonga, Elton Chigumbura
The smuggler
Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple.
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.
Khouli conviction
Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.
For sale
A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.
- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico
- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000
- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
