Economy

The UAE enjoys one of the highest per capita GDPs in the world because of its abundant oil resources, with the capital Abu Dhabi owning a majority of the oil fields. Abu Dhabi's plan for the future is focused on diversifying the economy away from dependency on oil or any one industry.

Abu Dhabi's sovereign wealth fund, the Abu Dhabi Investment Authority (ADIA), is believed to be the world's wealthiest sovereign fund in terms of total asset value. Tourism and retail continue to be major avenues of investment and growth in the vibrant new economy of Abu Dhabi.



  • © 2015 Arabian Nights. All Rights Reserved.