ADDED completes e-link project with 4 freezones unifying economic licenses database

By Arya M Nair, Official Reporter
  • Follow author on
ADDED unveils new platform
Rep. Image | Courtesy: WAM

The Abu Dhabi Department of Economic Development (ADDED), has completed the e-link project with four freezones including KEZAD Group, which consists of 12 economic zones, the Abu Dhabi Airports Free Zone, the Media Free Zone, Abu Dhabi (twofour54), and Masdar City Free Zone, to integrate and create a unified database of economic licenses in the Emirate of Abu Dhabi.

The e-link with freezones helps in providing info and data on the beneficial owner of economic establishments in line with laws and regulations in the UAE and enhances the country’s status in following the highest level of international standards of transparency and governance.

In addition, the e-link project aims to complete integration with the Ministry of Economy’s database and the ‘National Economic Register’ to provide accurate, comprehensive, and instant data on the existing economic licenses in the United Arab Emirates.

Mohammed Ali Al Shorafa_ADDED digitally links 4 freezones
Mohammed Ali Al Shorafa
Chairman – ADDED

“Abu Dhabi has established itself among the leading global centers for innovation and competitiveness. The emirate has nurtured a supportive business environment, unparalleled connectivity, and infrastructure, presenting investors and entrepreneurs with ample opportunities to grow and thrive. Our digital transformation journey enables and supports an integrated and proactive digital government, facilitated through advanced and innovative solutions. Completing the e-link project and unifying commercial register will spur freezones’ contribution to sustainable economic development and further enhance the ecosystem to attract investments.”

Mr. Rashed Abdulkarim Al Blooshi, Under-Secretary of ADDED, said that “The e-link with economic freezones in the emirate will further enhance our integrated, business-supportive ecosystem to encourage investors and entrepreneurs to benefit from growth opportunities in Abu Dhabi. The project also reflects ADDED interest to launch and implement initiatives to ensure ease of setting up and doing business, simplifying economic license procedures, and providing a unified database to enhance the business sector, investors, and economic establishments’ confidence.”

Related: ADDED launches ‘Abu Dhabi Smart Manufacturing Index’