Money and business

Abu Dhabi Business Week enhances economic attractiveness with integrated services

Abu Dhabi, December 6, 2024 – During the first edition of Abu Dhabi Business Week 2024, officials emphasized the prominent role played by the Emirate of Abu Dhabi in attracting investors from different parts of the world and enhancing their presence in all sectors, by providing an integrated set of services and programs that contribute In consolidating its economic attractiveness.

They said in statements to the Emirates News Agency, WAM, on the sidelines of the closing day of the event, which began on December 4 and concludes today, that Abu Dhabi Business Week 2024 is a strategic platform that brings together local and international investors to review the available investment opportunities that keep pace with global economic trends.

They emphasized the importance of partnership between government and private agencies in achieving sustainable growth and advancing economic development in various sectors, including advanced industrial, and benefiting from resources, explaining that the event reviews the investor’s journey in Abu Dhabi and the services that the emirate provides to both local and international investors.

His Excellency Hareb Al Muhairi, Executive Director of the Abu Dhabi Investment Office, pointed to the pioneering role that the office plays in attracting wealthy people and entrepreneurs, pointing out that it has made great strides in organizing global promotional tours and signing cooperation agreements to facilitate the connection between international investors and local commercial partners.

He pointed to the great demand for the industrial sector by investors, in addition to the real estate sector, which is one of the most popular fields among local and international investors, in addition to investment in emerging and medium-sized companies, explaining that the Abu Dhabi Investment Office continues to offer new investment sectors, including artificial intelligence, agricultural and security. Nutritional.

Al Muhairi stressed the office’s role in facilitating the investment environment and attracting talent, by providing multiple services that include issuing commercial licenses, facilitating visa procedures for international investors, and opening bank accounts, which contributes to accelerating and simplifying the investor’s journey in the emirate.

For her part, Engineer Wadima Al-Mashghoni, a major project manager at the Abu Dhabi Center for Projects and Infrastructure, explained the importance of involving the private sector in the management of major projects, adding that this cooperation contributes to strengthening the partnership between the public and private sectors to meet the needs of sustainable development in the emirate and in the country as a whole.

She said that the center, which was established in 2023, currently supervises more than 600 government projects in vital areas such as education, housing, infrastructure, and tourism, with a total cost exceeding 200 billion dirhams, which establishes the leadership of investment infrastructure in Abu Dhabi.

She added that the center was able to deliver 71 projects with a total value of 14 billion dirhams during the past year, and that it is working closely with the private sector to implement future projects, such as the “Balghailam Residential” project.

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