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The National Bank of Abu Dhabi (NBAD) is the largest lender bank in the emirate and the second-largest lender in the federation. NBAD has the largest market capitalization among UAE banks. The government has put in efforts to diversify the economy and invest in other areas such as the service and tourism industry.
The city is the seat of the Abu Dhabi Central Capital District, the capital city of the Emirate of Abu Dhabi, and the UAE's second-most populous city after Dubai. Abu Dhabi is located on an island in the Persian Gulf, off the Central West Coast. Most of the city and the Emirate reside on the mainland connected to the rest of the country.
The Emirate of Dubai is the most populous emirate with 35.6% of the UAE population. The Emirate of Abu Dhabi has 31.2%, meaning that over two-thirds of the UAE population lives in either Abu Dhabi or Dubai. Abu Dhabi has an area of 67,340 square kilometres (26,000 square miles), which is 86.7% of the country's total area, excluding the islands.
The Government of Abu Dhabi ( Arabic: حكومة أبوظبي) is the subnational authority that governs the Emirate of Abu Dhabi, one of the seven constituent monarchies which make up the United Arab Emirates. The executive authority and head of the government is the ruler of Abu Dhabi, Sheikh Mohamed bin Zayed Al Nahyan.
Statistics of the seven emirates Map Historical Flag [2] Emirate Arabic name Date joined the UAE Capital Population (2015) [3] [4] % of total population Area (km 2) [3] Area (sq mi) % of total area Density (people / km 2) Abu Dhabi: أبو ظبي ʾAbū dhabī: 2 December 1971: Abu Dhabi: 2,784,490 26.3% 67,340 26,000 80.55% 41.35 Ajman ...
Al Ain ( Arabic: ٱلْعَيْن, al-ʿayn, literally, the spring) [ 4] is a city in the Emirate of Abu Dhabi, United Arab Emirates and the seat of the administrative division of the Al Ain Region The city is bordered to the east by the Omani town of Al-Buraimi. Al Ain is the largest inland city in the Emirates, the fourth-largest city (after ...
In March 2014, Serbian financial minister Lazar Krstić announced that the Abu Dhabi Investment Authority has signed a low-interest loan agreement with Serbia worth 1 billion $. In 2013, the UAE have already granted a credit of 400 million $ to Serbia, which had difficulties to allocate European credits for its struggling financial situation.
1955 - The city's first airfield opens. 1958 - Oil discovered in Abu Dhabi. [3] 1962 - Oil exportation begins from offshore Das Island. [5] [2] 1963 - The Trucial rulers sign an agreement to issue a decree to abolish slavery. 1966 - Zayed bin Sultan Al Nahyan becomes ruler of Abu Dhabi. [5] 1968 - Population: 46,375.