The inaugural Abu Dhabi Business Week in December will focus on new investment opportunities and collaboration between the public and private sectors to promote the growth and diversification of Abu Dhabi's economy.

More than 150 speakers and 8,000 policymakers, business leaders, international investors and entrepreneurs will take part in the three-day event from December 4 to 6, the Abu Dhabi Media office said on Saturday.

The event is under the patronage of Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council.

“Abu Dhabi Business Week will serve as a platform for businesses to connect and collaborate, driving the next phase of growth and diversification in our dynamic economy,” said Ahmed Al Zaabi, Chairman of the Abu Dhabi Chamber of Commerce and Industry.

“Supported by our multi-dimensional sustainable development strategies and a focus on new, high-growth sectors, Abu Dhabi’s business-friendly ecosystem offers promising opportunities for investors, companies and talent to thrive and expand on a global scale.”

Abu Dhabi's economy grew 4.1 percent on an annual basis in the second quarter of this year, supported by momentum from the non-oil sector as the emirate continues to diversify its economy.

The value of Abu Dhabi's economic output reached a record Dh297 billion ($80.87 billion) in the three months to June 30, the Statistics Center – Abu Dhabi said this month.

In the first six months of this year, Abu Dhabi's economy recorded an annual increase of 3.7 percent, while the non-oil sector grew 6.6 percent in the second quarter of 2024, reaching a record Dh164.2 billion.

The non-oil sector's share of the emirate's economy rose to over 55.2 percent, the highest since the end of 2014.

In addition to investment opportunities and public-private partnerships, the three-day event will also focus on topics such as innovation, procurement, women empowerment, family business and entrepreneurship.

The capital of the United Arab Emirates is also home to major funds, including the Abu Dhabi Investment Authority, Mubadala Investment Company and investment and holding company ADQ.

The emirate was recently named the world's leading city for sovereign wealth fund (SWF) capital, with $1.67 trillion in assets under management, according to a new report from industry specialist Global SWF.