27-07-2012, 02:38 PM
Abu Dhabi
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meaning Father of Deer, is the capital and the second largest city of the United Arab Emirates in terms of population and the largest of the seven member emirates of the United Arab Emirates.
Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western coast.
Abu Dhabi houses important offices of the federal government, and is the seat for the United Arab Emirates Government and the home for the Abu Dhabi Emiri family and the President of the UAE from this family.
Abu Dhabi has grown to be a cosmopolitan metropolis. Its rapid development and urbanization has transformed Abu Dhabi to a larger and advanced metropolis.
Today the city is the country's center of political, industrial activities, and a major cultural, and commercial centre due to its position as the capital
Abu Dhabi is home to important financial institutions such as the Abu Dhabi Securities Exchange, the Central Bank of U.A.E and the corporate headquarters of many companies and numerous multinational corporations.
One of the world's largest producers of oil, Abu Dhabi has actively attempted to diversify its economy in recent years through investments in financial services and tourism.
Abu Dhabi is the second most expensive for expatriate employees in the region, and 50th most expensive city in the world.