Abu Dhabi Department of Economic Development (ADDED)
What is Abu Dhabi Department of Economic Development (ADDED)?
The department is dedicated to proposing trade and industry policies, leading economic initiatives, implementing strategic plans, managing budget allocations, and regulating relevant economic entities to ensure sustainable economic growth. ADDED also delivers analytical reports, recommends economic tariffs and fees, promotes economic competitiveness, and issues trade and industry licenses to companies and organizations. In essence, ADDED plays a vital role in shaping Abu Dhabi’s economic landscape by fostering a conducive environment for businesses to thrive and contribute to the emirate’s growth.
Since its establishment in March 2013, the Abu Dhabi Business Center (ADBC), along with the Competitiveness Office of Abu Dhabi (COAD) and the Abu Dhabi Investment Office (ADIO), has been instrumental in creating a business-friendly environment and driving economic growth in the emirate. ADBC prioritizes ease of doing business by providing essential services and mentorship to investors and entrepreneurs, aligning with the Abu Dhabi Economic Vision 2030. COAD focuses on maintaining Abu Dhabi’s global competitive advantage through strategic economic initiatives and collaboration with stakeholders, while ADIO works to attract foreign investment and support local investors in expanding their ventures. Together, these departments play vital roles in advancing Abu Dhabi’s economic agenda and enhancing its position on the global stage.
