ABU DHABI






ABU DHABI
the capital and the second-most populous city of the United Arab Emirates (after Dubai). The city of Abu Dhabi is located on an island in the Persian Gulf, off the Central West Coast. Most of the city and the Emirate reside on the mainland connected to the rest of the country. As of 2021, Abu Dhabi's urban area had an estimated population of 1.5 million, out of 2.9 million in the emirate of Abu Dhabi, as of 2016. The Abu Dhabi Investment Authority is headquartered in the city, and was the world's 5rd largest sovereign wealth fund in 2021.
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Abu Dhabi's rapid development and urbanization, coupled with the massive oil and gas reserves and production and relatively high average income, have transformed it into a large, developed metropolis. It is the country's center of politics and industry, and a major culture and commerce center. Abu Dhabi accounts for about two-thirds of the roughly $400 billion UAE economy.
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