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Abu Dhabi emerges as global finance hub as firms set up shop in the city

Summary by Semafor
The NewsBillionaire hedge fund investor — and UAE passport holder — Ray Dalio praised the emirate as a “renaissance state” and a haven amid escalating geopolitical tensions. “Neutral countries do the best [at times of war], not the winners or losers of war, who have to grapple with huge losses and damages,” Dalio said at Abu Dhabi Finance Week. “Smart, productive people establish offices and residences” in neutral states where the business envir…

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Bazaar Times broke the news in on Wednesday, December 11, 2024.
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