The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has recently signed several agreements with leading national entities to boost the growth of the private sector in Abu Dhabi. These agreements align with the Chamber’s strategic objectives of empowering the private sector and creating economic and investment opportunities.
One of the agreements was signed with Khalifa Economic Zones Abu Dhabi (KEZAD), aimed at strengthening cooperation between the two entities and achieving sustainable economic growth in Abu Dhabi. This collaboration will focus on developing major projects in partnership with businesses operating in ports and the industrial sector. Additionally, it aims to attract investors by establishing economic complexes and free zones within Khalifa Economic Zones.
Another significant Memorandum of Understanding (MoU) was signed between the Abu Dhabi Chamber and the Abu Dhabi Future Energy Company (Masdar). This partnership will provide investment opportunities for the Chamber’s members in the renewable energy sector, as well as leveraging artificial intelligence for small and medium enterprises. The goal is to encourage the development of innovative technologies in renewable energy and drive economic growth.
According to Ahmed Khalifa Al Qubaisi, the CEO of the Abu Dhabi Chamber, these strategic partnerships are crucial in supporting the private sector and driving business growth, especially in the industrial and oil and gas sectors. They play a pivotal role in uncovering investment opportunities, improving business operations, and contributing to the economic growth of Abu Dhabi.
The CEO of KEZAD Group, Fatima Al Hammadi, emphasized the importance of the cooperative relationship between government agencies and the continuous improvement of customer experience. Al Hammadi stated that this partnership confirms their commitment to facilitating business operations and providing more opportunities for the private sector.
Similarly, the CEO of Masdar, Mohammed Jameel Al Ramahi, expressed his pleasure in signing the agreement with the Abu Dhabi Chamber. He believes that strategic cooperation between government institutions is essential for promoting economic and social development. Al Ramahi affirmed that Masdar will utilize its experience in renewable energy and innovation to support the UAE’s strategic initiative of achieving Net Zero emissions by 2050.
Yasser Zaghloul, CEO of NMDC Group, commended the Let’s Grow Together initiative and the strong commitment towards Abu Dhabi’s industrial acceleration. Zaghloul highlighted the collaborative efforts between NMDC Group and the Abu Dhabi Chamber, aiming to drive synergies, efficiencies, and sustainable growth within Abu Dhabi’s supply chain.
Raja Al Mazrouei, CEO of ECI, emphasized the collaboration’s alignment with the UAE’s goal of economic diversification and accelerating non-oil trade. Al Mazrouei stated that this partnership with the Abu Dhabi Chamber reflects their unwavering commitment to supporting exporters and enhancing the global competitiveness of UAE companies.
The signing of these agreements marks an important step towards supporting the private sector and unleashing its full potential in Abu Dhabi. The Abu Dhabi Chamber’s strategic goals for the next three years will be further strengthened through these partnerships. By enhancing cooperation with public and private sector partners, the Chamber aims to meet the needs of Abu Dhabi’s private sector and drive economic growth in the emirate.
