Abu Dhabi

• 18/10/2016 16:14
• Africa - Middle East

Abu Dhabi is the capital and second largest city of the United Arab Emirates (UAE). The city extends along an elongated coastal island in the Persian Gulf, surrounded by smaller islands and bays. Its population exceeds 945.268 residents (2008), and the size of the metropolitan area is 67.340 square km. The city, as the entire Emirate, has one of the highest per capita incomes in the world.

Abu Dhabi is the seat of the most important services of the federal government of the UAE, and the royal family. Today, The city is considered one cosmopolitan metropolis, as the rapid growth and urbanization of, alongside the comparatively high income residents, They have turned into the most advanced city of the Arab metropolis. It is the political center, industrial, cultural and commercial activities, and produces 15% of GDP of the country. Abu Dhabi also has its headquarters in the local stock exchange, the central bank of the UAE, and many multinational companies. The emirate of Abu Dhabi is one of the largest oil producers in the world, but while the economy is multidimensional while developing financial services and tourism. Considered the third most expensive city in the region, and 26th in the world. The Arab airline company Etihad is based in Abu Dhabi.