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    Question

    In terms of sovereign wealth funds which of the

    following cities has been declared as the world’s richest city?
    A Abu Dhabi Correct Answer Incorrect Answer
    B Dubai Correct Answer Incorrect Answer
    C New York Correct Answer Incorrect Answer
    D Venice Correct Answer Incorrect Answer

    Solution

    The city Abu Dhabi has been marked as the world’s richest city with an estimated $1.7 trillion. This wealth is basically the discovery and production of oil as the city holds 95% of the UAE’s oil reserves. Abu Dhabi surpassed other cities like Oslo, Beijing, Singapore and Hong kong.

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