Exemptions from fees, the elimination of the lease requirement, the provision of space in economic zones, and a business portal are among the key incentives offered by the Abu Dhabi government

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The incentives and facilities offered by the Abu Dhabi government during the Saudi-Emirati Business Forum, held under the slogan “Together—Always,” were met with great satisfaction by Saudi businesspeople and investors. These incentives included a series of measures and procedures aimed at empowering Saudi investors wishing to establish investment projects in the Emirate of Abu Dhabi.

These measures included the following:

Granting Saudi investors equal access to all the incentives and exemptions included in the Abu Dhabi Trader Initiative and the Industry Pioneers Initiative, the most important of which are:

Waiving the lease agreement requirement.

Saudi investors were also exempted from Abu Dhabi Chamber of Commerce membership fees.

Providing 100,000 square meters to Saudi investors for a three-year lease grace period on land owned by the Al-Olia Authority for Specialized Economic Zones, where Saudi investors establish their projects.

Abu Dhabi Ports has also offered Saudi investors several investment incentives in Khalifa Industrial Zone Abu Dhabi (Kizad), including discounts of up to 15% on the rent for warehouses, industrial land, offices, and workstations.

The Abu Dhabi Economic Investment Office has also established a dedicated service window for the Saudi investor to facilitate business establishment and operations.

It is worth noting that the forum is one of the outcomes of “Khulwa Al-Azim” between the Kingdom and the UAE, aimed at strengthening trade, economic, and investment cooperation; consolidating ties; and opening new investment channels designed to promote the diversification of income sources, attract value-added investments to the economy, and increase the volume of non-oil exports.