The complete guide to Abu Dhabi Department of Economic Development (ADDED)
Over the years, the Abu Dhabi economy has attained and maintained an outstanding position, demonstrating increased competitiveness and sustainable growth. Leading the economy from the front is the Abu Dhabi Department of Economic Development (ADDED) or the Abu Dhabi DED.
WHAT IS ABU DHABI DEPARTMENT OF ECONOMIC DEVELOPMENT?
ADDED is a government organisation that regulates the economic and business sectors in the capital. Like the name suggests, the Department of Economic Development in Abu Dhabi proposes trade and industry policies, leads economic initiatives, implements strategic plans, oversees the budget disbursement and regulates relevant economic bodies for sustainable economic growth.
DED Abu Dhabi also has to deliver analytical reports, suggest economic tariffs and fees, promote economic competitiveness and issue trade and industry licenses to companies and organisations.
REGULATORY ARMS OF ABU DHABI DED
The Abu Dhabi Department of Economic Development works in collaboration with its four regulatory arms to ensure greater efficiency and effectiveness in each area of service. The Abu Dhabi DED regulatory bodies include:
ABU DHABI BUSINESS CENTER
Since its establishment in March 2013, the Abu Dhabi Business Center (ADBC) has remained dedicated to nurturing a business-friendly environment in the emirate. ADBC is responsible for launching initiatives and projects that promote the Abu Dhabi Economic Vision 2030. With ease of doing business as its number one priority, ADBC facilitates and mentors investors, entrepreneurs and businesses with a variety of services and approvals necessary for their operation.
COMPETITIVENESS OFFICE OF ABU DHABI
This ADDED department is responsible for achieving and maintaining a global, competitive advantage for Abu Dhabi. To accomplish that, the Competitiveness Office of Abu Dhabi (COAD) leads various economic initiatives and works alongside the stakeholders (private businesses and enterprise) to come up with policies that help the economy achieve its full productive potential.
ABU DHABI INVESTMENT OFFICE
The scope of ADDED’s Abu Dhabi Investment Office (ADIO) revolves around attracting foreign investment and capitalising on local investors to fuel economic growth. The department uses a combination of integrated services and promotional efforts to facilitate existing and prospective investors to establish and expand their business ventures.
INDUSTRIAL DEVELOPMENT BUREAU
The Industrial Development Bureau of Abu Dhabi DED regulates and strengthens the industrial aspect of the economic framework. Besides conducting data analysis and developing best-practices strategy, the department oversees licensing and compliance, proposes incentives for investors and entrepreneurs, monitors the industrial operations and devise strategies for industrial growth in the emirates.
KEY SERVICES OFFERED BY ADDED
Abu Dhabi DED services for businesses can be grouped into four different categories. These services are rendered by the relevant ADDED department. All DED Abu Dhabi Eservices are available online via TAMM Abu Dhabi. Let’s look at the ADDED services.
PERMITS
DED Abu Dhabi issues a variety of commercial and economic permits that include, but aren’t limited to:
- Sales permit
- Clearance permit
- Seasonal permit
- Withdrawal permit
- Advertising permits
- Café permits
LICENCES
DED Abu Dhabi also offers issuance, cancellation and verification of commercial and trade licences. These include, but aren’t limited to:
- Dealer licence
- Creative licence
- Technology licence
- Branch licence
- Dual licence
- Commercial licence
INDUSTRIAL LICENCES
Issuing industrial licences also falls in the scope of Abu Dhabi DED services. The Industrial Development Bureau is responsible for issuing, modifying and renewing
- Individual licence
- Company licence
- Partnership licence
- Site licence
INVESTMENT AND BUSINESS TOOLS
ADDED’s investment and business tools include, but aren’t limited to:
- The ADBC Golden Service
- Consumer/investor complaint forum
- Commercial licensing procedures
- Commercial registry certificate
- Licence inquiry
ABU DHABI DED PARTNERS
The Abu Dhabi DED partners with a number of regional and local organisations to impart prompt and reliable services for economic development in the emirate. Some of these partner organisations include:
- Abu Dhabi Airports
- Abu Dhabi Centre for Technical and Vocational Education Training (ACTVET)
- Abu Dhabi Chambers
- Abu Dhabi Municipality
- Abu Dhabi Council for Economic Development
- Abu Dhabi Farmer’s Services Centre
- Abu Dhabi Food Control Authority
- Abu Dhabi Fund for Development
- Musanada Abu Dhabi
- Abu Dhabi Global Market
- Abu Dhabi Investment Council
- Abu Dhabi Media
- Department of Energy
- Abu Dhabi National Exhibitions Centre
- Abu Dhabi Occupational Safety and Health Centre (OSHAD)
- Abu Dhabi Police
- Abu Dhabi Ports
- Abu Dhabi Quality & Conformity Council
- Abu Dhabi Securities Exchange
- ADNOC
ABU DHABI DEPARTMENT OF ECONOMIC DEVELOPMENT (ADDED) CONTACT DETAILS
The Department of Economic Development in Abu Dhabi is located in the Al Danah district. Here is the complete information about its location and contact details.
- Abu Dhabi DED Location: Al Salam Street, Baniyas Towers, Behind Abu Dhabi Municipility – Al Danah
- DED Abu Dhabi Contact Number: +971-2-666-4442 | 800 555
To know more about the products and services offered by ADDED take a look at the official website.
While Abu Dhabi DED takes care of economic development in the capitol, DED Dubai does the same to keep Dubai’s economy on the growth trajectory.
The Abu Dhabi government maintains a smooth line of functioning with its many regulatory bodies and organisations. The Abu Dhabi Department of Education and Knowledge (ADEK)for example, is responsible for regulating the education sector.
Matters and policies related to development and improvement of transport in the capital city are dealt by the Department of Transport (DoT), while the distribution and maintenance of electric and water supplies is the responsibility of the Abu Dhabi Distribution Company (ADDC).
That’s all we have for you now. We hope you find this post useful and stay tuned to MyBayut for more.
