• HSBC

Abu Dhabi tops list of World's "10 Emerging Business Cities

  • United Arab Emirates: Sunday, February 26 - 2006 at 13:45
  • PRESS RELEASE

Abu Dhabi has topped the list of the world's '10 emerging business cities' in a recent survey conducted by a leading travel magazine, highlighting the massive development and promotional efforts made by government and private sectors to position the emirate as a major tourist destination and successful business hub.

In its January/February 2006 issue, Middle East Travel described the business and travel infrastructure in Abu Dhabi as among the best in the Middle East. It said the emirate receives more than 46 international airlines that serve many destinations between Europe and the Far East. It also explained the advanced facilities enjoyed by Abu Dhabi, including Zayed Port and Abu Dhabi International Airport that currently undergo massive development to met growing demand in the years to come.

The magazine said Abu Dhabi had adopted an ambitious plan to enhance industrial development as a strategic option to diversify its sources of income and reduce the dependence on oil as a sole revenue generator. It noted that non-oil sectors' share in the GDP had risen by seven per cent annually, and the share is expected to reach Dh 20.9 billion by the end of 2006.

The magazine said the Abu Dhabi government had embarked on major plans to attract local and foreign investments, cooperating with the emirate's Chamber of Commerce and Industry to attract private capitals to participate in the development process.

Middle East Travel anticipated that Abu Dhabi will be one of the most prosperous cities in the world. Other cities that featured in the magazine include Guangdong (China), Hyderabad (India), Capetown (South Africa), Doha (Qatar) and Sao Paulo (Brazil).
 
Article Options
Log in to request more information from Abu Dhabi Tourism Authority

Notes and Media Contacts »

Saeed Hamdan AL Tanaiji
Head of Communication
Abu Dhabi Tourism Authority
Tel: +971 2 4440444
Fax:+971 2 4440400
P.O Box:94000 Abu Dhabi
United Arab Emirates

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions