What is unique about Abu Dhabis economy?
Abu Dhabi is an economic powerhouse, sitting alongside Shanghai, Mumbai and Dubai as one of the new world power economic centres. The fundamentals of Abu Dhabi are undeniable. It is the UAE capital, and as such holds political and legislative power. It is the richest city in the world with a GDP per capita of over $46,000 p.a. The economy is tax-free with no trade barriers, no restrictions on capital repatriation and is rapidly opening up to encourage direct foreign investment in all sectors. Abu Dhabi has recently emerged as one of the most attractive destinations for real estate investors. Plan Abu Dhabi 2030, a government framework, has formulated strategic plans to ensure the emirate grows at a calculated and controllable pace.
