Abu Dhabi Grows as Financial Center, Cuts Oil Ties

In the second quarter, Abu Dhabi’s non-oil GDP surged by over 12% to $41.9 billion, highlighting the city’s booming non-oil economy. This data comes from a recent government report. Meanwhile, the total economic output increased by 3.5%. The financial sector is also on the rise. It grew nearly 30% year-over-year. Big names like Goldman Sachs […]

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