Abu Dhabi has unveiled several major initiatives to empower businesses and accelerate growth in the emirate, in the presence of His Excellency Ahmed Jassim Al Zaabi, chairman, Abu Dhabi Chamber of Commerce and Industry.
The initiatives, that aim to further cement Abu Dhabi’s status as the “Powerhouse of Tomorrow”, will enhance businesses and equip young generations to explore opportunities.
“As a rising economic powerhouse and the richest city for sovereign wealth in the world, we cannot help but reflect on the remarkable journey that has brought us to this moment,” Al Zaabi said as he addressed the Abu Dhabi Business Week.
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A new roadmap
One of the new initiatives announced on Wednesday was the Abu Dhabi Chamber’s new strategic roadmap, a transformative initiative designed for the private sector and by the private sector.
The initiative, the result of extensive discussions over the past few months between key stakeholders from both public and private sectors, aims to prioritizie the ease of doing business, accelerate growth in key sectors, and empower SMEs and family businesses to prosper in regional and global markets.
Abu Dhabi Family Business Council
The initiative aims at enhancing Abu Dhabi’s legacy, driving excellence and empowering a new generation of leaders for future readiness.
Abu Dhabi Registration Authority (ADRA)
In a bid to make business easier and simpler, the authority also unveiled the Abu Dhabi Registration Authority (ADRA), an initiative that will simplify business processes and drive economic growth.
The authority will centralize and streamline business registration across the emirate’s mainland and economic free zones, ensuring compliance with UAE and international regulations.
MZN HUB: New Khalifa Fund’s strategy
A groundbreaking initiative to propel support for high-potential startups — the MZN HUB — was also launched on Wednesday.
A cornerstone of Khalifa Fund’s new strategy, the hub will offer tailored support programs, seamless digital pathways and sustainable finance models.
“Abu Dhabi stands proudly as a global magnet for talents, businesses, and a thriving hub for visionary entrepreneurs from around the world,” said Al Zaabi.
Spanning Al Ain, Abu Dhabi and Al Dhafra, and backed by government investments, the platform offers access to finance, comprehensive training, and tailored mentorship designed to enable startups and their bold ideas to flourish.
“We are accelerating momentum. These four strategic initiatives collectively form the foundational core of the broader economic landscape of Abu Dhabi, a catalyst that encourage the growth of existing business and those that are yet to exist,” Al Zaabi concluded.
