Abu Dhabi Offers Incentives for Traders

Abu Dhabi Attracts Investors

Abu Dhabi officials are crafting a comprehensive package of incentives aimed at elevating the city’s status among the world’s premier financial centres. This initiative includes assistance in securing school admissions and country club memberships for traders relocating to the region.

Complementing AbuDhabi’s substantial sovereign wealth capital, these perks aim to attract hedge fund managers from global financial hubs like New York, London, Hong Kong, and Singapore.

Abu Dhabi Offers…

Arvind Ramamurthy of the Abu Dhabi Global Market highlights the city’s ambition to rival established financial hubs like London and New York while benchmarking against Hong Kong and Singapore.

The strategy appears to be yielding results, with notable firms like Brevan Howard Asset Management and Goldman Sachs expanding their presence in AbuDhabi.

However, Abu Dhabi seeks to avoid the congestion and logistical challenges faced by neighbouring Dubai, where rapid growth strains infrastructure and services.

AbuDhabi’s comparatively relaxed atmosphere, coupled with its strategic time zone and tax-free status, presents an attractive proposition for financiers.

With its proactive approach to enhancing lifestyle amenities and business incentives, Abu Dhabi aims to capitalize on this momentum and further establish itself as a magnet for global finance professionals.

This concerted effort aligns with the city’s broader vision of sustained growth and prominence in the international financial landscape.

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