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Abu Dhabi ( UK: / ˌæbuːˈdæbi /, US: / ˌɑːbuːˈdɑːbi /; Arabic: أَبُو ظَبِي ʾAbū Ẓabī Arabic pronunciation: [ɐˈbuˈðˤɑbi]) [5] is the capital city of the United Arab Emirates (UAE). The city is the seat of the Abu Dhabi Central Capital District, the capital city of the Emirate of Abu Dhabi, and the UAE's second ...
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel ), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [1] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
The Abu Dhabi Developmental Holding Company PJSC, branded ADQ since 2020, is a significant sovereign wealth fund based in Abu Dhabi. It was established in 2018 as a comparatively low-profile state-owned entity, acronymized ADDH at the time. Since rebranding in 2020, it has emerged as a major global investor. [2]
The UAE has the highest percentage of total female labor participation in the GCC (including expatriate women). In 2018, women constituted 28% of the total Emirati workforce, with 489 thousand women employed in the UAE. [23] [24] In 2019, 521 thousand women were employed in the UAE. [24]
mediaoffice.abudhabi. The Abu Dhabi Executive Council ( ADEC) is the local executive authority of the Government of Abu Dhabi for the Emirate of Abu Dhabi. It assists the ruler of Abu Dhabi in enforcing local and federal decrees and leading the Abu Dhabi government. The Council holds periodical meetings in Abu Dhabi to discuss issues and memos ...
The National Bank of Abu Dhabi (NBAD) is the largest lender bank in the emirate and the second-largest lender in the federation. NBAD has the largest market capitalization among UAE banks. The government has put in efforts to diversify the economy and invest in other areas such as the service and tourism industry.
Emiratisation. Emiratisation (or Emiratization) is an initiative by the government of the United Arab Emirates to employ its citizens in a meaningful and efficient manner in the public and private sectors. [1] [2] [3] Emiratisation increases each semester adding a 1% of emirati quota to be achieved by the United Arab Emirates companies.
The Abu Dhabi Investment Authority (Arabic: جهاز أبوظبي للاستثمار, ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi in the United Arab Emirates, founded to invest funds on behalf of the Government of Abu Dhabi. It manages the emirate's excess oil reserves and is estimated to manage $968 billion.
SeaWorld Abu Dhabi is a marine life theme park and animal researching, rescue & rehabilitation center that opened on May 23, 2023, on Yas Island in Abu Dhabi, the capital of the United Arab Emirates. [1] [2] It is the first SeaWorld park outside of the United States and the first park without orcas. The Abu Dhabi–based company Miral Asset ...
Migrant workers in the United Arab Emirates describe the foreign workers who have moved to the United Arab Emirates (UAE) for work. As a result of the proximity of the UAE to South Asia and a better economy and job opportunities, most of the migrant foreign workers are from India, Nepal, Sri Lanka, Bangladesh, Philippines and Pakistan. [1]