Built by ambition and backed by vision, Abu Dhabi’s economic success has transformed the Emirate into one of the fastest growing economies in the region.
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Economic Stability
- Known as the ‘Capital of Capital’, Abu Dhabi has increased its GDP twelve-fold in the last 40 years. and the non-oil economy accounted for over half of GDP in 2024.
- Now the World’s Richest City, Abu Dhabi is home to the world's largest sovereign wealth funds - including the Abu Dhabi Investment Authority (ADIA), Mubadala, and ADQ, which collectively hold over $1.7 trillion in assets under management.
- Abu Dhabi boasts a sovereign credit rating of AA/A-1+ with stable outlook by S&P and AA with stable outlook by Fitch, making it the highest-rated sovereign in the GCC.
Pro-Investor Policies
- The Emirate remains one of the world’s most investor friendly economies, with 100% foreign ownership on eligible business activities, 0% personal income tax, 0% capital gains tax on asset sales, and 0% withholding on outbound dividends, interest, or royalties.
- Abu Dhabi's progressive tax environment offers attractive tax deductions for eligible research and development activities, empowering businesses to drive innovation and enhance efficiency.
- In addition to having one of the most favourable corporate tax schemes in the world, at 0% in free zones and 9% in the mainland, Abu Dhabi is positioned among the top 10 globally for GDP per capita.
With 33% of the world reachable within a 4-hour flight, and 80% of the world reachable within an 8-hour flight, Abu Dhabi is your gateway to key global markets. Access USD 10 trillion economies and two billion people through the connectivity of five airports, as well as a world-class maritime system through Zayed, Khalifa, and Mussafah ports, which offer access to more than 64 international destinations.
The Emirate’s robust digital infrastructure also provides a strong foundation for companies to innovate and thrive in a digital era. With one of the highest Internet penetration rates in the world and the world’s fastest 5G fixed broadband speeds, Abu Dhabi allows you to reach the remainder of the world just as seamlessly.
Advanced Digital & Physical Infrastructure
- Abu Dhabi is the smartest city in the Middle East, reflecting its commitment to leveraging technology and innovation to enhance urban living. The Emirate’s investment in smart infrastructure and efficient transit systems has significantly improved accessibility and connectivity for residents and visitors alike.
- By consistently prioritising user experience, Abu Dhabi continues to set benchmarks for smart city initiatives, creating a seamless and sustainable urban environment.
Skilled and Diverse Workforce
- Ranked #1 regionally in INSEAD’s Global Cities Talent Competitiveness Index (2023), Abu Dhabi has become home to a population comprising over 200 nationalities, with a skilled workforce that has reached an all-time high at a growth of 109% over a decade.
- With top-ranked universities such as the UAE University, Khalifa University for Science and Technology, and Mohamed Bin Zayed University for Artificial Intelligence, Abu Dhabi is constantly growing its global pool of talented professionals to enable real, measurable progress.
Facts and figures: Abu Dhabi’s economic growth
AED 1.2 tn
Abu Dhabi’s GDP in 2024, marking an all-time high value and a growth of 3.8% year-on-year
54.7%
Contribution of Abu Dhabi’s non-oil sectors to GDP in 2024, the highest-ever annual contribution in history
300%
Increase in foreign investments in Abu Dhabi over the last decade
AED 644.3 bn
Total added value of Abu Dhabi’s non-oil GDP in 2024, setting a record for the third consecutive year