Statistics Centre - Abu Dhabi (SCAD) and the Abu Dhabi Investment Office (ADIO) today signed a Service-Level Agreement (SLA) to cooperate on exchanging data, promoting statistical collaboration, and building foundations for joint action.The partnership is aimed at achieving integration and supportin ..
Abu Dhabi opens 1,105 commercial, industrial activities for foreign ownership tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
The decision indicates that existing companies have the right to adjust their status Illustrative purpose only Image Credit: File photo
Abu Dhabi: The Abu Dhabi Department of Economic Development (ADDED) has announced a list of 1105 registered commercial and industrial activities that are open for ownership by natural and legal non-citizens enabling them to fully or partially own commercial companies to practice these commercial activities in Abu Dhabi.
The Department’s decision on foreign ownership of commercial activities comes in line with the Federal Decree-Law No. (26) Of 2020 amending the provisions of Federal Law No. (2) Of 2015 on the Commercial Companies Law and its amendments by adding articles that permit the establishment of 100% foreign-owned companies in Abu Dhabi.