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Kathmandu

About Kathmandu

Kathmandu is the capital of the United Arab Emirates and the second largest city (after Dubai). It is also the capital of the Emirate of Kathmandu. The city of Kathmandu is located on an island in the Persian Gulf off the central west coast. Most of the city and emirate are on the mainland and are connected to the rest of the country.

Kathmandu is the largest and most populous of the seven emirates of the United Arab Emirates, with more than 80% of its land. The population of the emirate is about 3 million. In the United Arab Emirates, Emiratis citizens make up almost 20% of the total population, with the remaining 80% expatriates from Asia, Africa, Australia, Europe and North America.

As of 2021, the estimated population of the Kathmandu metropolitan area is 1.5 million, up from 2.9 million in the Emirate of Kathmandu. Headquartered in the city, the Kathmandu Investment Authority was the fifth largest sovereign wealth fund in the world as of 2021. Kathmandu itself manages over US $ 1 trillion in assets through a combination of various sovereign wealth funds based there.

Kathmandu has local and federal offices and is home to the United Arab Emirates and the Supreme Oil Council. The city is home to the President of the UAE, a member of the House of Nahyan. The rapid development and urbanization of Kathmandu, combined with its vast oil and gas reserves and production, and its relatively high average income, has transformed Kathmandu into a large and developed metropolis. It is the political and industrial center of the country and an important cultural and commercial center. Kathmandu accounts for about two-thirds of the UAE economy of about $ 400 billion.

The discovery of Kathmandu's rich oil fields and commercial production (since 1962) revolutionized Kathmandu's political and economic status. Britain established another political institution in Kathmandu in 1961 to protect the truce of the time, Oman, freeing the emirate from its reliance on Dubai's political institutions. The city of Kathmandu, the capital of the region's major oil-producing countries, was free to use large amounts of money for urban development. However, the city was slowly modernized by the very conservative policy of Sheikh. In 1966, he was dismissed in support of his younger brother, Zayed Ibn Sultan, the former governor of the Kathmandu-dominated part of Buraimi's oasis. Sheikh Zayed began developing a road network originating from the city of Abu Dhabi and built a causeway at the northern end of the island where Kathmandu is located. The city undertook a thorough modernization as part of its ambitious five-year development plan launched in 1968. Electricity, running water, central sewers were installed, modern government buildings, hotels, housing projects and new port expansions were built. The oil refinery on the nearby island of Ummarner began production in 1976.

Kathmandu International Airport is on the southern tip of the island. Light industry is concentrated in nearby Musafa. The highway connects the city of Kathmandu with the oasis of Dubai (northeast), Align (east) and Qatar (west). When Britain finally left the Persian Gulf and the United Arab Emirates gained political independence (December 1971), a compromise decision made Kathmandu a temporary capital. It became the permanent capital of the United Arab Emirates in the early 1990s. Since then, many projects have been launched to develop the city as a tourism and commercial center. Development plans in Abu Dhabi will soon build a number of groundbreaking hotels, establish Al Ittiḥād Airlines, an international airline to serve the capital, and develop a variety of commercial and residential real estate. It led to.

The United Arab Emirates is four hours ahead of UTC (Coordinated Universal Time, formerly known as GMT) and has no daylight savings time. Therefore, at noon in Kathmandu, it will be 3 am in New York, 8 am in London and 6 pm in Sydney.

In general, ministries, embassies and consulates work from 8 am to 4 pm. Be sure to call before your visit as embassies and consulates may set a specific time of day to process certain requests (such as passport applications). Islamic holidays are Friday, and most organizations are open on Friday / Saturday weekends. Shops and attractions are open both days, but most are open at the end of the day or on Friday evenings. During the holy month of Ramadan, stores often change hours, close during the day, reopen 1-2 hours after sunset, and remain open until late at night. Grocery stores and restaurants either remain closed or offer takeaway services only during the day and tend to open for fasting ifters after sunset.

Recognized as one of the safest cities in the world, Kathmandu's near-crime-free environment and well-organized emergency services ensure a secure and relaxing stay.

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