Abu Dhabi is the capital city of the United Arab Emirates. The Emirate, has evolved into a booming metropolitan city that boasts one of the most attractive legal and regulatory environments in the MENA region. The city’s impressive infrastructure serves as a foundation for the business environment, and its commitment to culture ensures the fairness of business activities.
Destination Abu Dhabi serves as a global investment platform which provides highly-motivated investors with easy access to the outstanding business opportunities that are available in the capital Emirate. Abu Dhabi through its strategic positioning has become one of the largest and most powerful global business hubs in the world.
ABOUT MUSTHAFA & ALMANA
Musthafa & Almana is a leading international consulting (Legal & Business) firm with a strong physical presence in the U.A.E. M&A have introduced the concept, Legal Lounge For Business, that is specifically designed to provide FDI Advisory and guidance services in the U.A.E.
The firm provides expert advice on multijurisdictional investments and tax compliance. Moreover, there are dedicated practice divisions in Real Estate, Finance, Technology, Healthcare, Power & Energy, Entertainment & Media, IT & Telecom, Education and Hospitality among other sectors.
REASONS WHY ABU DHABI SHOULD BE YOUR PREFERRED INVESTMENT DESTINTION
The capital Emirate, is famously considered as the gateway to the Middle Eastern Region, as it is located at the cross point of key business hubs of the world (Europe, Asia Pacific, North America, Africa). Moreover, Abu Dhabi also comprises of 87% of UAE’s territorial area.
FLOURISHING KNOWLEDGE-BASED ECONOMY
Abu Dhabi, over the years has created and consolidated, an innovative economic vision, which attracts huge amounts of foreign investments by offering unparalleled incentives to global investors. The Abu Dhabi Government, introduced the Economic Vision 2030, which envisages the transition of its economy from one that is oil and gas focused, to one that is knowledge-based, enhancing the Emirate’s contribution to global business competition.
Building long lasting relationships based on trust, is the prevalent business culture in Abu Dhabi. This ensures the commitment of potential partners in the initial stages to familiarize themselves with their business surroundings and also take an active interest in its functioning. The cultural influence of Islam in business activities adds to its uniqueness, further making Abu Dhabi one of the most attractive destinations for investment.
Abu Dhabi being a coastal city, with modern infrastructure, year-round sunshine, rich culture and stunning Arabian scenery, has massive tourist appeal. Over the years, the Emirate has evolved into one of the most exclusive and high-end tourist/business destinations. With extensive marketing and growing expansion of the airline market, Abu Dhabi expects its annual number of tourists to reach 7.5 million, by 2030.
Abu Dhabi Free Zones are established as independent jurisdictions, allowing foreign investors to wholly own a company. Abu Dhabi free zone’s aim to promote foreign investment by having in place simple incorporation procedures. The free zones are independent of bureaucratic barriers, are less time-consuming, and provide investors with multiple incentives and facilities. Abu Dhabi free zones core industries are primarily media & light, logistics, along with medium and heavy industries.
EASE OF HIRING, ATTRACTING AND RELOCATING STAFF
More and more people are immigrating to Abu Dhabi to benefit from city’s amazing employment prospects and the exceptional opportunities that await them.
WORLD-CLASS ECONOMIC INFRASTRUCTURE
Abu Dhabi invests heavily in transport, telecommunication, energy and industrial sectors. Moreover, there is major capital investments in education, healthcare, tourist facilities, airports and other crucial infrastructure.