Abu Dhabi

Abu Dhabi

Abu Dhabi is the most powerful and important of the United Arab Emirates 7 emirates. The capital city of the emirate of Abu Dhabi is the city Abu Dhabi. Abu Dhabi has a population of nearly 1.5 million people making it the 2nd most populated city after the slightly more populated Dubai. Much of the UAE's state and federal bodies are based in Abu Dhabi. Additionally, the city is home to the Al Nahyan family which has ruled the region since the late 1700s. The current president of The Emirates is a member of the Al Nahyan family and is widely considered to be one of the most powerful political figures in the middle east.

Abu Dhabi corniche
Abu Dhabi corniche

Many political and historical experts consider Abu Dhabi to be the diplomatic center of all of modern Arabia including the GCC countries and the entire middle east region. 

Abu Dhabi time lapse
Abu Dhabi time lapse

Abu Dhabi is said to contain more than 95% of the UAE's total underground energy reserves. The UAE's Abu Dhabi is home to some of the world's largest oil and gas reserves. The country was one of the last of the GCC countries to find petroleum. When they eventually found the oil and gas, the late Sheikh Zayed bin Sultan Al Nahyan made a powerful commitment to growing his countries wealth which would rapidly transform the country and its people. Sheikh Zayed was extremely generous to his fellow countrymen and was a beloved ruler which is credited with both uniting the 7 emirates which comprise the UAE and also being an inspirational leader. 

Abu Dhabi Night Skyline
Abu Dhabi Night Skyline

Abu Dhabi is one of the safest cities in the entire world and has become a hugely popular tourist destination. There are dozens of 4 and 5 star hotels along its 15 km corniche beach. The city is both walker and bike friendly with paved trails covering much of the city. There are many amazing cultural and historical sites to visit and travel to the region is easy via bus or taxi from dubai or through its major international airport which is 20 minutes from the capital center.

The UAE is a country committed to being a top performer in the world across many industries and sectors be it cultural or business. Abu Dhabi is the home to a $1b+ Louvre Art Museum which is an officially commissioned museum from the famous French Louvre. 

Abu Dhabi is rapidly becoming known as one of the wealthiest and most powerful countries in the world. The emirate and capital city are home to two of the world's largest funds. The first is the UAE government's sovereign wealth fund named ADIO which stands for Abu Dhabi Investment Authority, which has over $800B in Assets under management. The other notable fund is Abu Dhabi's Mubadala which is a Venture Capital fund with over $220B in AUM. 

Al Maryah Island is an especially interesting new development in Abu Dhabi as it is home to the $8b Cleveland Clinic which is widely regarded as the #1 hospital in the entire GCC and middle east region. Adjoining the Cleveland Clinic Abu Dhabi is the new financial hub ADGM. Abu Dhabi Global Market (ADGM) is an extremely fast growing business and finance hub and free zone. The ADGM complex is widely considered to be one of the world's fastest growing and futuristic financial hubs home to many notable banks, brokerages, hedge funds, and Venture Capital funds.

Abu-Dhabi-Global-Market-ADGM-UAE
Abu-Dhabi-Global-Market-ADGM-UAE

As the UAE and Abu Dhabi prepare for the future they are embracing the concept that "Data is the New Oil" and are investing accordingly. The United Arab Emirate's leadership is focused on growing non petroleum revenue for their country and have established multiple national programs to focus on non-oil technology initiatives. The Abu Dhabi government and Mubadala Venture Capital fund have opened a startup accelerator in the ADGM complex named Hub71. Hub71 is now home to more than 50 regional and international startups and many startup experts, Venture Capitalists, and tech experts have identified this Abu Dhabi Startup accelerator as the likely home for the UAE and Arabia's next Billion dollar tech Unicorn startup.