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Abu Dhabi business sector expands as new commercial licences surge

The capital's Department of Economic Development reports strong growth in commercial registrations, driven by simplified setup procedures and digital services.

By ABU DHABI2 min read

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Abu Dhabi business sector expands as new commercial licences surge
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Abu Dhabi commercial activity is growing fast.

New data from the Abu Dhabi Department of Economic Development shows a sharp rise in commercial licences issued over the last quarter. Local officials point to simplified digital registration processes as the main driver behind this growth. The simplified setup has made it easier for international companies to establish a physical presence in the capital.

Where the Growth is Happening

The service and retail sectors led the expansion. Most new registrations were concentrated in the main island of Abu Dhabi, followed closely by Al Ain and the Al Dhafra region. This geographic spread shows that economic activity is moving beyond the traditional commercial hubs of the city.

Domestic investors backed more than half of these new ventures. Foreign direct investment accounted for the rest, with significant interest coming from European and Asian business owners looking to enter the Gulf market.

Supporting the Capital's Economic Vision

The rise in business registrations aligns with the Abu Dhabi Economic Vision 2030, which aims to build a sustainable, knowledge-based economy. By reducing the paperwork needed to start a company, local authorities have lowered the barrier to entry for small and medium enterprises.

The Department of Economic Development has also integrated its services with federal platforms. This integration allows new business owners to secure permits, register employees, and open corporate bank accounts within a few working days. The speed of these transactions has helped the emirate maintain its competitive edge in the region.

What Lies Ahead for Investors

Industry experts expect this upward trend to continue throughout the year. The local government is planning further updates to its digital portal to make renewing licences even faster. For global firms, the capital remains an attractive base due to its modern infrastructure and strategic location.

With more commercial spaces opening up in areas like Al Maryah Island and Yas Island, new businesses have plenty of options for office locations. The focus now shifts to helping these new companies scale up their operations in the local market.

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Written by

Alan Conde

Reporting from Abu Dhabi — independent, on the ground, and built on local sources.