Abu Dhabi is a double capital – it’s the capital of the UAE and the Emirate of Abu Dhabi and is a well-ordered, industrious city with a pretty waterside location. First inhabited by the nomadic Bani Yas tribe in 1760, the settlement remained a small fishing village until oil was discovered. The revenues transformed Abu Dhabi into the modern city of today - a bustling center of government and business. Vibrant city life is combined with old oriental traditions. Its laws, traditions, culture, and history have many interesting subtleties. It’s also an archipelago, as it consists of about 200 islands stretching along the coastline.
Abu Dhabi thus holds 9% of the world's proven oil reserves (98.2bn barrels) and almost 5% of the world's natural gas. It is the wealthiest emirate of the UAE in terms of Gross Domestic Product (GDP) and per capita income. More than $1 trillion is invested worldwide in this city alone. Abu Dhabi also ranks as the 67th most expensive city in the world Abu Dhabi is home to a number of cultural institutions including the Cultural Foundation and the National Theater. The diversity of cuisine in Abu Dhabi is a reflection of the cosmopolitan nature of the society. Arab food is very popular and is available everywhere in the city.