Abu Dhabi's economy has expanded significantly in the last five years, backed by high oil price liquidity. With Abu Dhabi owning 95% of the country’s oil reserves and 92% of its gas reserves, which accounts for 8.3% and 3.4% of the world's proven oil and gas reserves respectively, the Emirate has profited from the hike in oil prices. The economic growth and political stability in Abu Dhabi has been accentuated by the boom in the real estate sector, which has been witnessing soaring prices, and strong growth in investments. Total FDI in UAE has increased by 10.8% to reach USD19 Billion in 2006, of which 26% designated to Abu Dhabi (USD5 billion). Construction and real estate sectors attracted 29% of the total FDI flow in Abu Dhabi, the second largest after financial intermediation and insurance (34.4%).