UAE. Enormous oil revenues and a far-sighted government have powered Abu Dhabi's economy for 40 years. But as the UAE heads into its fifth decade, it is time for private enterprise to lead the way. But is private industry ready to take up the offer?
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
UAE. UAE textile industry is undergoing major reorientation toward non-clothing applications; UAE export share ahead of Germany, France, Italy, Spain, Netherland and China; World textile and apparel trade expected to reach US$805 billion by 2015.