Abu Dhabi is the capital and the second-most populous city of the United Arab Emirates. The city of 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. Abu Dhabi Investment Authority, the world's 3rd largest sovereign wealth fund in 2020 is headquartered in the city, while Abu Dhabi itself has over a trillion US dollars worth of assets under management in a combination of various sovereign wealth funds.
Abu Dhabi is rated Beta by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Beta level cities are cities that link moderate economic regions to the world economy.
Abu Dhabi is the #33 city in the world according to the Global Financial Centres Index (GFCI) which evaluates and ranks the competitiveness of the major financial centres of the world according to a wide range of criteria – Human Capital, Business, Finance, Infrastructure and Reputation.
Abu Dhabi has a population of over 1,698,961 people. Abu Dhabi also forms part of the wider Abu Dhabi metropolitan area which has a population of over 1,629,000 people.
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