Source: Abu Dhabi Investment Office (ADIO)
Abu Dhabi has taken 12th place in the latest Global Cities of the Future rankings from the Financial Times’ fDi Intelligence division, ahead of global metropolitan areas such as Bangalore, Munich, Toronto, Seoul and San Francisco.
Abu Dhabi also ranked third overall in the large cities category with its economic potential and business friendliness highlighted as particularly strong attributes. The UAE capital was also lauded for its FDI strategy, which ranked sixth overall among global cities.
H.E. Dr. Tariq Bin Hendi, ADIO’s Director General, said Abu Dhabi’s place in the Top 12 Global Cities of the Future offers further endorsement of the emirate’s global standing among investors.
“Investors will find an environment in Abu Dhabi where big ideas have access to the means and opportunities to bring them to life,” he said. “In short, as one of the Global Cities of the Future, Abu Dhabi’s ecosystem is ideally positioned to help the world’s innovators realise their own future.”
The Financial Times team assessed more than 100 global investment locations across five quantitative criteria: economic potential, human capital and lifestyle, cost effectiveness, connectivity and business friendliness, as well as one qualitative, FDI strategy.
H.E. Dr. Tariq Bin Hendi added: “The Global Cities of the Future rankings show the collective strength and combined achievements of Abu Dhabi’s investor ecosystem. Together, we are heading towards a bright future.”
Read the full fDi Global Cities of the Future article here.