Abu Dhabi's Economic Vision (Abu Dhabi 2030) was the first strategic plan of its kind in the GGC countries. It was launched in September 2007 and its aim was to map the transition of Abu Dhabi to a diversified post-petroleum era. In its First Chapter, it is announced that ‘Abu Dhabi will ensure its business climate is open, efficient and effective to enhance its position as a global economic hub'*^[1].

As a result, the Abu Dhabi Global Market (ADGM) was established as the Emirates' first Financial Free Zone on Al Mariyah Island by a Decree of the Ruler of Abu Dhabi in 2013 (Abu Dhabi Law No. 4/2013 Concerning Abu Dhabi Global Market) and opened for business in October 2015.