(MENAFN- Mid-East) Collaboration Settlement goals to determine complete cooperation between the 2 sides on procedures for registering and licensing free zone firms and Chamber membership.
Al Qubaisi: We search to boost the Chamber’s contribution to advancing sustainable growth in Abu Dhabi and reaching financial diversification methods
ADCCI helps the non-public enterprise neighborhood in its numerous sectors to determine a contemporary, aggressive, investment-attracting, world-class monetary and enterprise setting.
Abu Dhabi, UAE: The Abu Dhabi Chamber of Commerce and Trade (ADCCI) signed a Collaboration Settlement with the Registration Authority (RA) of Abu Dhabi World Market (ADGM) to help the enterprise and funding setting and promote the enterprise sectors that fosters development and innovation in Abu Dhabi.
This settlement will additional develop the non-public sector and monetary companies ecosystem within the Emirate, whereas supporting nationwide financial diversification in alignment with the directives of Abu Dhabi Authorities.
The Collaboration Settlement constitutes an extension and replace to the partnership settlement signed between ADCCI and the RA in 2018 to increase their collaboration to align with the most recent developments and the altering necessities of the dynamic enterprise setting in Abu Dhabi. This consists of provisions associated to registration and licensing procedures free zone firms, in addition to facilitating their membership with the Chamber.
Moreover, the Settlement outlines their collaboration in areas such because the trade of knowledge, statistical knowledge sharing, financial reviews, experience collaboration, advertising initiatives, and media engagement. Moreover, each events decide to organizing conferences and boards to foster dialogue and improve enterprise alternatives.
The settlement was signed by His Excellency Ahmed Khalifa Al Qubaisi, CEO of ADCCI, and Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority, on the Chamber’s headquarters, within the presence of a variety of officers from either side.
His Excellency Ahmed Khalifa Al Qubaisi, CEO of ADCCI, mentioned:“By increasing the framework of partnership and cooperation with Abu Dhabi World Market, the Abu Dhabi Chamber goals to boost its contribution to advancing complete and sustainable growth in Abu Dhabi. This strategic collaboration aligns with the Emirate’s financial diversification methods, by supporting the non-public enterprise neighborhood in its numerous sectors. Moreover, it contributes to establishing a contemporary and aggressive monetary and enterprise setting, reinforcing Abu Dhabi’s place as a world financial and monetary hub that pulls non-public funding firms.”
“The monetary companies sector represents one of many very important and main sectors within the Abu Dhabi financial system. Abu Dhabi World Market, one of many largest monetary institutes on the planet, serves as a robust motivator for us. We’re dedicated to offering all the mandatory help, facilitations, and progressive options that improve the expansion and success of firms specializing in monetary companies, know-how, and asset administration which can be working available in the market. As the first supporter of the non-public sector within the Emirate, our efforts contribute to attracting extra firms and overseas direct investments to the market, and making the Emirate the primary selection within the Center East and North Africa area when it comes to doing enterprise by the yr 2025,” Al Qubaisi added.
Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority mentioned,“In our dedication to advancing the targets and imaginative and prescient of Abu Dhabi, ADGM is proud to strengthen its collaboration with the Abu Dhabi Chamber of Commerce and Trade via this settlement. We intention to foster an ecosystem that not solely enhances the benefit of doing enterprise but in addition cultivates a thriving neighborhood in Abu Dhabi, bolstering its rising economic system. Working with well-embedded entities in Abu Dhabi, such because the ADCCI opens doorways to numerous alternatives throughout various enterprise clusters and expands the horizon of ADGM’s worth proposition for entities trying to arrange right here, in a dynamic, progressive, and unparalleled enterprise setting attracting FDI.
By means of the settlement, the 2 sides additionally search to discover alternatives and prospects to combine their registration programs in addition to cooperate in transferring technical, organizational, and institutional experience to assist obtain their shared targets and visions.
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