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
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.
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.
However Fare Buzz’s services are not just limited to airlines as the company also
has an exclusive relationship with a wide network of more than 100,000 diverse hotel
properties and the travel team at Fare Buzz which is staffed by experienced ‘live’
travel consultants can help tailor complete business travel package for your upcoming
business trip to the Middle East.
So if your travel department is currently in the midst of trawling the web for the
‘best’ fares and hotel deals for your trip to Abu Dhabi , why don't to guide them
towards the leaders in business travel, Fare Buzz and ask them to call the travel
team at Fare Buzz at 1-888-808-4123 for some quotes today.