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ADDED Launches ADRA to Boost and Regulate Abu Dhabi Business Sector

Photo : Abu Dhabi Media Office

The Abu Dhabi Department of Economic Development (ADDED) has started a new group called Abu Dhabi Registration and Licensing Authority (ADRA). This group will help make business easier and better in Abu Dhabi.

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ADRA was set up after the Abu Dhabi Executive Council decided to create it. The group will look after registering businesses in Abu Dhabi and in special free zones where normal financial rules don’t apply. ADRA will also work with other offices to make getting a license faster and simpler.

ADRA will make sure all businesses follow important rules. These include stopping illegal money activities like money laundering and stopping money from going to bad or illegal groups. ADRA will watch over all businesses in Abu Dhabi and the free zones to follow these laws.

ADRA will also build one big system to keep information about all the businesses in Abu Dhabi. This system will make it easy to keep track of businesses and help them get licenses faster. The group will use new technology to make starting and running a business simple.

Ahmed Jasim Al Zaabi, the head of ADDED, said this group will help Abu Dhabi grow and make its economy stronger. He said ADRA will help businesses in Abu Dhabi and also help them grow in other countries. He added that ADRA will make Abu Dhabi a top choice for businesses and investors by making everything clear and fair.

ADRA will also create new kinds of licenses. These will help bring smart people, investors, and business owners to Abu Dhabi. This will bring new ideas and help the economy grow.

ADRA will make Abu Dhabi’s “Falcon Economy” stronger. This means the economy will grow fast and steady, just like a falcon flies. ADRA will make sure all businesses follow local and international rules. This will make Abu Dhabi a safe and trusted place for business and investment.

This new group is a big step forward for Abu Dhabi. It will make business better, help the economy grow, and make sure everything stays fair and organized for everyone.

Jan. 7, 2025 10:45 a.m. 393

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