Abu Dhabi’s ADDED launches second phase of investor journey

The Abu Dhabi Department of Economic Development (ADDED) has signed nine agreements bringing nine leading institutions into the Investor Journey programme.

Launched in 2021, ADDED’s Investor Journey addresses the needs of current and prospective businesses, entrepreneurs and investors by providing a seamless integration and an ecosystem of advanced services to facilitate new business ideas and establishments.

It provides investors with a fully digital experience to access the services, transactions and procedures of various government entities on one platform.

According to the Abu Dhabi Media Office, the new partners joining more than 25 other government and private sector entities and agencies will further enhance Abu Dhabi’s business ecosystem and strengthen partnerships between the private and public sectors.

Phase 2 of the Investor Journey, unveiled during ADDED’s participation in Gitex Global 2022, integrates more services and business setup tools and features.

The portal includes an informative simulator to guide investors through their entrepreneurial journey, and an interactive map powered by the UAE’s leading real estate portal to identify and select the location and commercial space for their business.

Sameh Al Qubaisi, Director General for Economic Affairs at ADDED, said: “Expanding the Investor Journey partner network and integrating new services is part of our efforts to further strengthen Abu Dhabi’s strong business ecosystem by working closely with the best businesses. Best-in-class partners in a variety of fields, enriching the investor experience. Since its launch, the Investor Journey has helped facilitate ease of doing business by reducing costs and requirements, simplifying procedures, and enabling seamless integration of government services. These efforts are paying off We will continue to focus on continuous improvement of our regulations, systems and services.”

“As digitalization is a major trend in today’s economy and everyday life, we believe that the adoption of cutting-edge technologies will empower investors and entrepreneurs, who play an important role in achieving the SDGs,” added Al Qubaisi.

In other news, Abu Dhabi Global Markets (ADGM), in partnership with ADDED as a “strategic economic partner”, announced the launch of Abu Dhabi Financial Week (ADFW), which will run from 14 to 18 November. The event builds on the success of ADGM’s FinTech Abu Dhabi Festival.

read: Abu Dhabi Global Market, ADDED Announces Inaugural Abu Dhabi Financial Week 2022