Abu Dhabi SME Hub’s Post

The Abu Dhabi Department of Economic Development (ADDED) in collaboration with the Abu Dhabi Free Zones Council launched a new Unified Economic License to boost the emirate’s competitiveness as a business-friendly destination for investors and entrepreneurs. The initiative is also spearheaded by Khalifa Economic Zones Abu Dhabi, Abu Dhabi Airports Free Zone - ADAFZ , Masdar City Free Zone, and Creative Media Authority. The new initiative unifies procedures for registering economic licenses across the emirate and its free zones, in a move to streamline business setup and reinforce governance and transparency. This will introduce a standardized reference number for all licenses and ensure company data remains current within a newly integrated Abu Dhabi registry. Read more: https://lnkd.in/dJcXQJnr #UAE #AbuDhabi #Business #Economy #License #Data #Transparency #Governance

Dubai ranked 8th in the 2024 Kearney Foreign Direct Investment Confidence Index In 2024, Dubai strengthened its position on the international stage, securing 8th place in the Kearney Foreign Direct Investment Confidence Index. This achievement is linked to the UAE's ongoing efforts to diversify its economy and reduce its reliance on oil revenues. Investments in technology, tourism, real estate, and other sectors contribute to this process, and the increase in foreign investments affirms the success of these strategies. Attracting foreign investments plays a vital role in economic diversification. In 2024, the UAE moved up 10 positions in Kearney’s Top 25, placing 8th, alongside countries like Germany and France. This result underscores investor confidence in the UAE's economy and the high level of the country's attractiveness for international business. In 2024, Kearney also introduced a ranking for emerging markets, evaluating the most promising investment destinations. The UAE ranked second after China, reflecting sustained international investor interest in the country. The UAE continues to lead in investment attractiveness in the Middle East region. The Kearney Foreign Direct Investment Confidence Index is an annual survey of global business executives that ranks markets based on their attractiveness for foreign direct investment over the next three years. It was first developed in 1998 and serves as an important tool for analyzing global investment opportunities. Stay connected to keep up with the latest data on the investment attractiveness of various markets. If you have any questions, feel free to contact me for more information. #Dubai #UAE #Kearney #Realestate #Investment #Economy

The Economy Middle East Summit 2024, held on May 1 at the Abu Dhabi Global Market (ADGM), brought together top-tier speakers representing international entities and governments under the theme "Accelerating Future Growth". The summit served as a platform for robust discussions and key takeaways across the fields of economics, banking, finance, technology, tourism, and mobility. Abu Dhabi Department of Economic Development Visa Abu Dhabi Investment Office Alef Education Standard Chartered #EconomyMiddleEast #EconomyMiddleEastSummit #AcceleratingFutureGrowth

🚀Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the DIEZA, has approved the Authority’s new strategy for 2024-2026. ✅ Dubai’s new strategy for free zones aims to further strengthen Dubai Integrated Economic Zones Authority’s mandate to promote Dubai’s standing as a leading regional and international destination for investment across various categories. ✅The Authority seeks to follow an economic roadmap aligned with the Dubai Economic Agenda, D33, supporting the D33’s ambitious vision for achieving sustainability, creating a vibrant market characterized by an array of investment opportunities. ✅Sheikh Ahmed said: “The new DIEZ strategy is built on an integrated framework based on careful planning that aims to improve the quality of services provided to businesses, investors, and companies from all sectors and of all sizes". ✅Dr Mohammed Al Zarooni, executive chairman of the DIEZ, said: “We aspire to make Dubai a preferred destination for investors worldwide and solidify its role as an essential link within the global trade network. This will be achieved by focusing on three strategic cornerstones: achieving excellence, growth, and enriching the economic landscape. 📞 +971 4 4542366 📞 +971 581435980 ✉️ pr7@flyingcolour.com

The UAE has advanced in global competitiveness, moving up three positions to secure seventh place in the IMD World Competitiveness Ranking 2024 by the World Competitiveness Centre of Switzerland's Institute for Management Development (IMD). This ranking reflects the UAE's ongoing efforts in economic diversification, innovation, and business-friendly policies. As a regional hub for trade and finance, the UAE continues to enhance its attractiveness for investment and talent. #UAE #Competitiveness #EconomicDiversification #Innovation #BusinessFriendly #SaudiArabia

🌍 UAE Shines on Global FDI Stage! The UAE has achieved an impressive 8th place on the AT Kearney Global FDI Confidence Index, highlighting its strong appeal to international investors. This ranking is a testament to the nation's investor-friendly policies, economic resilience, and thriving business environment. Congratulations to the UAE for its continued commitment to fostering global investment opportunities! #UAE #FDI #GlobalInvestment #EconomicGrowth #BusinessExcellence Read more

"I wish we had been in the UAE sooner!" That’s what I heard from countless companies who missed their chance when I first started helping scale-ups and multinationals expand in 2019. Now, Saudi Arabia 🇸🇦 presents an even greater opportunity. But how many businesses will look back in 5 years and regret not taking action today? Yesterday, I had the pleasure of hosting a Centuro Global webinar with Asma Bashir, Co-Founder of Centuro Global, and Paul Doherty, Country Director of AtkinsRéalis Saudi Arabia, Kuwait & Bahrain, to explore how Saudi has become one of the most dynamic and rapidly evolving markets in the world. Now available on-demand, the session covers: - Why Saudi Arabia? – Unpacking why this market is the next big thing. - Megaprojects & Investments – From NEOM to The Red Sea Project, and the incentives driving foreign investment. - Navigating Complexity – How businesses can overcome challenges in this evolving market. The companies acting now are the ones set to win. Don’t wait until it’s too late. Watch the full webinar (link in comments) and discover how to position your business for success in this fast-growing economy. What’s holding your business back from entering Saudi Arabia? Don’t wait for the perfect time. Your competitors aren’t. #SaudiArabia #BusinessExpansion #StrategicGrowth #CorporateStrategy #EmergingMarkets #MarketEntry #GlobalBusiness #InternationalBusiness #BusinessStrategy #SaudiVision2030

Sharjah’s evolution, becoming a paragon of progress and development, is driven by its pioneering initiatives. Speaking with The Business Year ahead of the publication of its #Sharjah 2024/2025 report, we discuss the emirate’s thriving #economic and #investment climate, as well as the priorities, strategies, and actions in place to sustain growth in a changing world. Our progress has been forged through expertise and a far-sighted vision, with #sustainability sitting at the heart of Sharjah’s growth model. In parallel, #entrepreneurship support structures, start-up incubators, and the capability to stay ahead of the #AI curve have contributed to broader #UAE objectives in integrating #science and #technology. Sharjah’s diversification strategies have subsequently led to #trade expansion, strengthened #logistical capacity, growth in #manufacturing, real estate development, deep-rooted #cultural programmes, and long-term partnerships. Characterised by the resilience necessary to tackle global challenges and the foresight needed to accommodate technological change, Sharjah’s strategy for building a robust, future-proof economy and society is embedded in pragmatism derived from its rich heritage. https://lnkd.in/dCkDuvbF

Unlock the Gateway to Saudi Arabia: A Business Expansion Webinar Are you looking to expand your business into one of the fastest-growing markets in the world? 🌍 Join Centuro Global for an exclusive webinar on business expansion into Saudi Arabia, where we will dive deep into the immense opportunities this market has to offer. With the Kingdom rapidly transforming and embracing international business, now is the time for ambitious companies to act and get ahead. In this session, Centuro Global's Asma Bashir, is joined by Paul Doherty and Danny Bateman, we will be covering: ✅ The economic trends driving Saudi Arabia’s growth and openness to foreign investment ✅ Key legal, tax, and cultural considerations for market entry ✅ How Vision 2030 is reshaping opportunities for global businesses ✅ Practical steps to expand with confidence Having spent time in Saudi and seeing the amount of investment, and sheer potential of this market, there no better time to be assessing this expansion opportunity. Whether you're a business owner, director, or decision-maker, this is your chance to gain valuable insights and strategies from top experts to help you succeed in the Saudi market. 📅 Date: Thursday 12 Sept, 2024  ⏲ Time: 1.30pm - 2.30pm 🎟 Register Now: https://bit.ly/3MuOdr3 Don’t miss this chance to discover how to tap into Saudi Arabia’s thriving economy and make your business expansion a success! #BusinessExpansion #SaudiArabia #Webinar #GlobalGrowth #Vision2030 #CenturoGlobal Photo: Via Riyadh - 6 March 2024

How Dubai is managed: Key governance principles Continuing our series on Dubai's governance principles, we focus on the eight key tenets set by Sheikh Mohammed bin Rashid Al Maktoum that form the foundation of the emirate's growth. Today, let’s explore the third principle: “We are a Business Capital The Government of Dubai aims to improve the lives of its people through strengthening its economy. Dubai does not invest or involve itself in politics, and does not rely on politics to ensure its competitiveness. We extend a hand of friendship to all those who hold good intentions towards Dubai and the UAE. Dubai is a politically neutral business-friendly global hub that focuses on creating economic opportunities." This principle underpins Dubai's core strategy: to be a global business hub where economics, not politics, take center stage. As a result, Dubai consistently attracts investors and entrepreneurs from around the world. For more on the first two principles, check the hashtag #8principles, #dubaiprinciples