Abu Dhabi unveils initiatives to boost business growth: On the sidelines of Abu Dhabi Business Week, the emirate rolled out a series of initiatives aimed at driving economic diversification and attracting foreign investment, Khaleej Times reports.
New registration authority + family business council: The Abu Dhabi Registration Authority was introduced as a centralized entity for simplifying business registration and compliance for businesses across the mainland and freezones. A new Family Business Council was also launched to support family-owned enterprises with tailored solutions and investments.
New industrial zone for innovation: Abu Dhabi launched the The MZN Venture Studios Industrial Zone, which will target technological advancements and localized production, offering infrastructure, shared services, and incentive packages to bolster key industries.
New strategies:
- The Khalifa Fund for Enterprise Development launched a strategy to support small-to-medium enterprises (SMEs) with growth measures and ecosystems;
- The Abu Dhabi Chamber of Commerce and Industry introduced a roadmap to ramp up private sector growth by connecting businesses to local and international markets.
The story also got ink in Reuters.