Roads lead to the headquarters of Aldar Properties PJSC, Abu Dhabi's biggest real estate company, in Abu Dhabi, United Arab Emirates, on Tuesday, March 27, 2012. Property values and rents slumped in the United Arab Emirates after banks curtailed lending and speculators left the market during the global recession. (Bloomberg)
The small kingdom is among the most economically vulnerable of the GCC states, with high debt levels, low reserves and slow GDP growth. But it has identified jewels in its accelerating non-oil economy that will help it forge a new path for the future.