The Abu Dhabi Chamber of Commerce and Industry (ADCCI) and the Abu Dhabi Global Market (ADGM) Registration Authority (RA) have joined forces to bolster the emirate's business and investment landscape. A newly signed Collaboration Agreement signifies a commitment to fostering growth and innovation in key sectors.
This strategic partnership aligns with the Abu Dhabi government's directives to diversify the national economy. By collaborating, the ADCCI and ADGM aim to create a more attractive environment for businesses and investors. The agreement focuses on supporting the private sector and strengthening the financial services ecosystem within the emirate.
The Collaboration Agreement builds upon a previous partnership established in 2018. It reflects the dynamic business landscape of Abu Dhabi and ensures both entities remain aligned with the latest developments. Specific areas of focus include streamlining registration and licensing procedures for companies operating within the free zone. Additionally, the agreement facilitates membership for these businesses with the ADCCI, granting them access to the chamber's resources and support network.
This partnership is expected to benefit businesses of all sizes, but holds particular promise for small and medium-sized enterprises (SMEs). The ADCCI, a longstanding champion of Abu Dhabi's business community, offers SMEs a variety of services to aid their growth and development. Streamlined registration processes and access to the ADCCI's network will be valuable assets for aspiring entrepreneurs and established businesses alike.
The agreement signifies a commitment by both ADCCI and ADGM to establish Abu Dhabi as a leading global hub for finance and business. By fostering a more supportive and efficient environment, they hope to attract a wider range of investors and companies, further propelling the emirate's economic diversification efforts.
