ABU DHABI, 28 February 2026 – The capital of the United Arab Emirates continues to solidify its position as a global powerhouse for finance and tourism, reporting record-breaking economic growth and significant international investment milestones this week. From a multi-billion dollar bond issuance to a surge in new business licences, Abu Dhabi is successfully navigating its transition toward a diversified, post-oil economy.
Economic Surge: Bonds and Business Growth
In a major show of investor confidence, Abu Dhabi successfully raised A$4.6 billion (US$3 billion) through a dual-tranche bond issuance yesterday. The offering drew high demand, allowing the emirate to lock in a 3.75% coupon for its five-year tenor. This financial move comes as the Abu Dhabi Department of Economic Development (ADDED) reports a 29% jump in new economic licences issued throughout 2025, reflecting a robust entrepreneurial environment.
The “Tajer Abu Dhabi” licence, which allows entrepreneurs to start businesses without a physical office for the first year, saw a 24% increase in uptake. This growth is part of a broader strategy to attract global talent and simplify the cost of doing business in the capital.
Tourism Strategy 2030 and Cultural Milestones
The Department of Culture and Tourism (DCT) Abu Dhabi has announced savings of over A$153 million (US$100 million) through a new procurement transformation programme. These funds are being redirected to support the “Tourism Strategy 2030,” which aims to position the city as a leading cultural and eco-tourism destination.
Recent data highlights the success of this cultural push. The Sheikh Zayed Grand Mosque recorded 6.8 million visitors in 2025, a 4% year-on-year increase. Notably, 82% of these visitors were international tourists, underscoring the city’s global appeal beyond its regional neighbours.
Abu Dhabi at a Glance
Abu Dhabi is the largest of the seven emirates, occupying a T-shaped island jutting into the Arabian Gulf. It serves as the federal capital of the UAE and the seat of the Supreme Council.
| Feature | Details |
|---|---|
| Status | Federal Capital of the United Arab Emirates |
| Geographic Location | T-shaped island on the Persian Gulf coast |
| Main Connections | Maqta, Mussafah, and Sheikh Zayed bridges |
| Key Landmarks | Sheikh Zayed Grand Mosque, Louvre Abu Dhabi, Yas Island |
| Economic Drivers | Petroleum, Finance, Tourism, and Web3 Technology |
Public Insights: Moving and Visiting
Recent public discourse highlights Abu Dhabi’s reputation as a “family-friendly” and “peaceful” alternative to the high-energy lifestyle of Dubai. On community forums this week, prospective expats from India and the US have been enquiring about relocation, with many citing the city’s safety and high-quality infrastructure as primary draws.
For tourists, the focus has shifted toward “heritage and food” experiences. While Yas Island remains a staple for thrill-seekers, there is growing interest in the city’s desert retreats and the newly opened interactive art spaces, such as teamLab Phenomena, which offer a more contemplative travel experience.
Frequently Asked Questions
What is the best way to travel between Abu Dhabi and Dubai?
Most residents and tourists travel by car via the E11 highway. The journey typically takes between 75 to 90 minutes. Public buses are also available, though many residents use private taxis or ride-sharing services for urgency.
Is 90 minutes enough for a transit at Abu Dhabi International Airport?
Generally, yes. While July is peak travel season, the airport is designed for efficient transfers. Travellers with priority access or those flying with Etihad Airways usually find 1.5 hours sufficient for international connections.
What is the Hafilat Card?
The Hafilat Card is the automated fare collection system for Abu Dhabi’s public bus network. Passengers must “tap in” when boarding and “tap out” when exiting to avoid being charged the maximum fare for the route.
Who is the current ruler of Abu Dhabi?
The Emirate is governed by the Al Nahyan family. As the largest and wealthiest emirate, the Ruler of Abu Dhabi traditionally serves as the President of the United Arab Emirates.