Abu Dhabi Department of Economic Development (Added) has revealed more details on its fee reductions to support the private sector and boost investment in the emirate.
Added has set a municipality fee of Dh50 ($13.61) for the authentication and registration of economic lease contracts and for Abu Dhabi Chamber’s membership fees. It also cancelled service providers’ fees and the waste producer’s tariff that is paid to Tadweer, Abu Dhabi's waste management centre.
The fees paid to the Abu Dhabi Civil Defence Authority for Certificate of Conformity have also been cancelled, Added said on Thursday.
The decision “supports the efforts of the Abu Dhabi government towards enhancing the ease of doing business in the emirate and lays the foundations for a prosperous business environment that encourages growth and innovation”, said Abdullah Al Sahi, undersecretary of the Department of Municipalities and Transport.
In July, Added in partnership with other government organisations cut business set-up fees by 94 per cent to Dh1,000 to attract more investors to the emirate and boost its competitiveness.
Abu Dhabi has been taking measures to support its economy, including providing rent rebates and reducing business set-up costs by more than 90 per cent to attract investors and improve the ease of doing business in the emirate.
Last month, Added said it was introducing a professional licence that would allow foreigners full ownership of businesses related to 604 activities as the emirate seeks to attract more investors and boost its economy. The professional activities include accounting, training, consultancy, beauty centres, computer and internet network companies, Added said.
Abu Dhabi’s economy is expected to grow by 6 per cent to 8 per cent over the next two years, driven by the oil sector, government spending, financial services and foreign direct investment, Mohammed Al Shorafa, chairman of the emirate's Department of Economic Development, said earlier this year.
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
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UAE squad
Esha Oza (captain), Al Maseera Jahangir, Emily Thomas, Heena Hotchandani, Indhuja Nandakumar, Katie Thompson, Lavanya Keny, Mehak Thakur, Michelle Botha, Rinitha Rajith, Samaira Dharnidharka, Siya Gokhale, Sashikala Silva, Suraksha Kotte, Theertha Satish (wicketkeeper) Udeni Kuruppuarachchige, Vaishnave Mahesh.
UAE tour of Zimbabwe
All matches in Bulawayo
Friday, Sept 26 – First ODI
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I
The Bio
Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity
The biog
First Job: Abu Dhabi Department of Petroleum in 1974
Current role: Chairperson of Al Maskari Holding since 2008
Career high: Regularly cited on Forbes list of 100 most powerful Arab Businesswomen
Achievement: Helped establish Al Maskari Medical Centre in 1969 in Abu Dhabi’s Western Region
Future plan: Will now concentrate on her charitable work
WITHIN%20SAND
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The%20specs
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Turning%20waste%20into%20fuel
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Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Crazy Rich Asians
Director: Jon M Chu
Starring: Constance Wu, Henry Golding, Michelle Yeon, Gemma Chan
Four stars
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
