Summary
Abu Dhabi, the capital of the United Arab Emirates, is working to become a major global financial hub. It aims to connect the financial activities of the US, China, and India, among others, through its financial center, Abu Dhabi Global Market (ADGM).
Key Facts
- Abu Dhabi is the capital of the United Arab Emirates.
- It aims to be one of the top five global financial centers within 10 years.
- Abu Dhabi Global Market (ADGM) is its main international financial center.
- Since 2015, ADGM has grown to more than 300 financial firms managing $28.6 trillion in assets.
- The UAE has strong ties with the US and plays a significant role in Middle East politics.
- Abu Dhabi aims to diversify its economy beyond oil revenues, focusing also on AI and technology.
- Abu Dhabi has been ranked as the world's safest city for nine consecutive years.
