About 46% of the UAE's consolidated government revenue came from hydrocarbons in 2019, according to an estimate from ratings agency Moody's Investors Service. Chris Whiteoak / The National
About 46% of the UAE's consolidated government revenue came from hydrocarbons in 2019, according to an estimate from ratings agency Moody's Investors Service. Chris Whiteoak / The National

Abu Dhabi unveils initiative to hasten issuance of business licences