Abu Dhabi is the capital
and second most populous city in the United Arab Emirates
(UAE). Approximately 1.45 million people live in Abu Dhabi -
80% of which are expatriates. It is one of the world's
largest producers of oil, and is one of the world's
financial superpowers. Abu Dhabi is the wealthiest emirate
of the UAE - due largely to Gross Domestic Product and per
capita income. The average net worth of Abu Dhabi's citizens
is AED 62 million (US$ 17 million). More than 1$ trillion is
invested worldwide in this city alone. It is ranked third in
the world for GDP. The Abu Dhabi Investment Authority (ADIA)
is Abu Dhabi's sovereign wealth fund, and is the world's
wealthiest. It currently holds an estimated US$ 875 billion.
Abu Dhabi is currently experiencing an incredible real
estate and oil production advantage. This is creating
incredible wealth for the emirate and for investors, in
addition to its already powerful financial services.
It is now considered the frontrunner of superpowers,
surpassing Dubai.
The Abu Dhabi manages some 80% of its assets, with around 65% "managed externally in areas including equities, fixed income, money markets, alternative investment, real estate and infrastructure, and private equities. We engage managers across the risk spectrum, from index-replicating to actively managed mandates, and typically tailor each investment to our specific needs and internal guidelines."Norway’s sovereign wealth fund is the largest in the world and with over $1.03 trillion in assets it is growing fast.
Investment Program News:
December 4th 2023: $3100 Perfect Money payment proof added,Bitcoin (BTC) has reached the $40,000 level for the first time since April 2022, climbing around 2% in 24 hours.
December 1st 2023: we used a New Perfect Money account and our min deposit is 0.003 bitcoins,Invest here.
November 30th 2023: Cryptocurrency payment platform Alchemy Pay has bolstered its payment infrastructure, introducing new deposit options across Europe and the United Kingdom.
November 24th 2023: PepeCoin (PEPE) is struggling while Galaxy Fox is offering an alternative for investors. GFOX presale has raised over $200k.
November 17th 2023: The United Arab Emirates (UAE) has revealed its latest guidance to combat the use of unauthorized digital assets by digital assets providers in the country in order to ensure the integrity of the UAE’s financial system.
November 10th 2023: New Bitcoin payment proof added, The total amount of liquidations on the crypto market over the past 24 hours approached $440 million. Most of the forced closed positions were in BTC and ETH.
November 5th 2023: Dubai’s financial regulator, the Dubai Financial Services Authority, has approved XRP as a recognized crypto token for use within the Dubai International Financial Centre (DIFC), a special economic zone. “Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services,” Ripple explained, adding that institutions located in the zone can now utilize XRP “to accelerate faster, more efficient global value exchange.”
October 28th 2023: Solana Price Prediction: The Solana coin has seen significant growth since mid-September, surging from $17.41 to its current trading price of $31.99—an 84% increase. However, this bullish momentum is currently experiencing resistance at the $34 level, owing to increased selling pressure in the broader crypto market, particularly as Bitcoin struggles to break past the $35,000 .
October 22th 2023: Bitcoin (BTC) price has retested the $30,000 price level following its sustained resurgence the previous week. Bitcoin is trading at a market capitalization of $30,135, up 1.47% at the time of writing. This growth highlights the performance of the main currency in the following week period, in which it jumped 11.91%. 0.337 btc sent to a Canada Investor.
October 15th 2023: Fluent Finance, a US-based startup that aims to bridge banking and Web3, has announced that it will partner with the Ministry of Economy of the United Arab Emirates (UAE) to develop deposit token-based tech. The company, which takes advantage of the Nextgen FDI growth program, will open operations in Abu Dhabi, planning to grow its headcount to over 100 jobs.
October 14th 2023: The Moscow Exchange, the largest exchange in Russia, has announced plans to issue real estate digital assets in 2024. According to Sergei Kharinov, director of digital assets for the platform, this will lower the entry barrier for qualified and unqualified investors to put part of their portfolio into real estate assets.
October 5th 2023: Crypto.com, a crypto exchange, recently launched PYUSD pairs, including XRP’s. This move could further widen the platform’s reach and help it establish a foothold in the industry.
More Abu Dhabi Bitcoin News |
