Abu Dhabi is the capital city and largest of the seven United Arab Emirates. This city which lies on the western coast of the Persian Gulf has been an important center for international trade for over five thousand years. However this emirate which holds 95% of the oil reserves that are located in the United Arab Emirates only emerged on the global scene in the mid-1960’s when it released the oil revenues which it had been previously cautiously banking. The release of these oil revenues then generated tremendous growth in Abu Dhabi, which is today a modern metropolis that is an important center of global business and commerce.

Modern day Abu Dhabi is a cosmopolitan city that is characterized by gleaming high-rises, broad streets and opulent hotels like the Emirates Palace Hotel, which is believed to have been constructed at a cost of US$3 billion. The city which is also home to the government and the royal family of the United Arab Emirates also hosts important financial institutions like the Abu Dhabi Securities Exchange, the Central Bank of the United Arab Emirates and the Abu Dhabi Investment Authority which is one of the world’s oldest and wealthiest sovereign funds. In fact the Abu Dhabi Investment Authority became the cynosure of the world’s eyes when in 2007 it gave a $7.5 billion lifeline loan to global banking behemoth, Citibank to shore up its capital.

Today the government of this immensely rich and powerful emirate which is also home to the headquarters of various multinational companies is actively pursuing a policy to promote the city as center for international business and tourism. In order to achieve this aim, the government of Abu Dhabi in February 2007 unveiled the futuristic exhibition space that is the Abu Dhabi National Exhibition Center.

This exhibition center which is the largest meeting and conference center of its kind in the Middle East is equipped with 11 exhibit halls that extend over 55000 square meters. Further this exhibition space also has two large conference rooms and 16 meeting rooms and various kinds of shops and a food court to cater to the needs of the thousands of delegates who will be visiting the center in the coming years.

It is estimated that this center will draw nearly a million business travelers to the emirate every year and accordingly hospitality suites are being built all over Abu Dhabi to accommodate this anticipated influx of business travelers. In 2008 itself the center hosted nearly 60 major events like the International Defence Exhibition (IDEX) and the Abu Dhabi International Petroleum Exhibit and Conference (ADIPEC) which was attended by executives of the world’s major oil companies like Shell, BP and Gasco.

Similarly the emirate’s tourism initiatives will also see it play host to a Formula One race in 2009. This exciting event which is being sponsored by the emirate’s top notch homegrown airline, Etihad Airways is scheduled to take place at the spanking new Yas Marina circuit at the end of October. Etihad Airways flies daily non-stop from JFK to Abu Dhabi. It offers three classes of service – Diamond First Class, Pearl Business Class and Coral Economy Class.

If your business necessitates frequent and expensive long haul travel to Abu Dhabi for conferences or regional meetings than you would do well as to engage the efficient and cost effective services of the New York City based travel management company, Fare Buzz. Fare Buzz is a leading name in the sphere of business travel as it is a well known source for cheap business class tickets. No matter which airline you choose to fly, Fare Buzz can almost always secure the most attractive rates for your business class travel as it has exclusive contracts with more than sixty domestic and international airlines.

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