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Competitive Landscape

Abu Dhabi enjoys a globally-favoured geographical location with a robust, resilient, and diversified economy. Ongoing efforts and initiatives to accelerate economic diversification and the business-friendly ecosystem provide ample and promising opportunities to grow, thrive and expand in and out of Abu Dhabi. These advantages attract investments, enable innovation in business, empower policies, and incubate startups and emerging industries.
A DIVERSE ECONOMY
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A ROBUST ECONOMY: ABU DHABI GDP AT A GLANCE
2023 non-oil GDP 9.1 % growth

one of highest in the Middle East and North Africa
53.4 %
non-oil contribution
to GDP in Q3-2023
1
of Fastest growing economies in the region in 2022 and 2023
AED 153.4 Bn
non-oil GDP value in Q3, 2023 (of total AED 290.5 Bn)
Stats from DED Media Centre – as published on Dec 29, 2023

“Abu Dhabi is committed to strengthening its economic scene by achieving a smart and sustainable knowledge-economy.”

“AED 600 billion value of non-oil GDP of total GDP of AED 1.14 trillion in 2023”

His Excellency Ahmed Jasim Al Zaabi,
Chairman, ADDED

Investment Opportunities

With exponential economic growth, Abu Dhabi offers a variety of investment opportunities for small- and large-scale investors.

Capitalise on Abu Dhabi's efforts to build a qualified, competitive, and sustainable economy with lucrative investments in the city and region.

We acquaint you with Abu Dhabi’s economic ecosystem, connect you with key banking partners and financial services, and equip you with the latest market trends and insights.

SUSTAINABILITY AND ESG

At ADDED, we strive to create a synergy between economic progress and environmental sustainability.

This includes holistic objectives outlined in the sustainability programme launched by The Industrial Development Bureau (IDB), our arm to develop and regulate the industrial sector:

  • 15% less energy consumption by 2040
  • Zero water wastage
  • 15% reduction in industrial CO2 emissions by 2030
  • 100% employee training and awareness on sustainability
BUSINESS FRIENDLY ENVIRONMENT
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Helping businesses start and succeed is one of Abu Dhabi’s key commitments.

Along with policies and regulations to accelerate innovation and growth, business owners in Abu Dhabi enjoy various benefits including (but not limited to): 
  • Long-term UAE residency ‘Golden Visas’ for investors and innovators
  • 100% foreign ownership
  • Free two-year registration and license fees for new business and freelancers
  • Low corporate tax rates
BUSINESS TAX
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Whether you are an individual or a corporation – Abu Dhabi offers competitive tax benefits.


One of the lowest and most competitive corporate tax rates and individuals benefit from 0% income tax.  
How does this help your business?

This approach allows you to reinvest profit in new ideas, product innovation, services, and all-round entrepreneurial growth.
 
MAINLAND AND FREEZONES

Diversity is the backbone of Abu Dhabi’s economy.

This is evident in the options available for conducting business – within the Emirate’s mainland as well as in its free zones.

Companies and individuals operating in Abu Dhabi’s free zones enjoy exclusive benefits. Each free zone offers an industry-specific focus on aviation, finance, renewable energy, manufacturing and logistics, and media individually.

Read more

More To Explore

Regulation

Ecosystem encouraging experimentation with new ways to tackle the challenges

Innovation

Supporting the development of high-value and substantive economic activities.

Emiratisation

 

Talent

 

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Page was last updated on: 14 Jun 2024 10:13:01 AM
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