On Wednesday, Abu Dhabi revealed four innovative projects aiming at improving corporate efficiency, technological innovation, and support for UAE capital businesses.

 Launched on the first day of Abu Dhabi Business Week (ADBW) at the Abu Dhabi National Exhibition Centre, these projects comprise the development of a new industrial zone, a simplified business registration authority, updated strategies for small-to- medium enterprises (SMEs), and a council for family businesses.

Initiated by Sheikh Khaled bin Mohamed bin Zayed Al Nahaney, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the inauguration of the Abu Dhabi Registration Authority (Adra) stood as a major feature of the presentations. Adra seeks to streamline the corporate creation procedure over the Emirate as an extension of the Abu Dhabi Department of Economic Development (ADDED). For companies running both on the mainland and free zones of Abu Dhabi, it provides a common point for corporate registration and regulatory compliance.

Adra would not only simplify registration procedures but also guarantee companies follow UAE and international laws, hence improving Abu Dhabi's standing as a friendly business environment.

The opening of MEZN Venture Studios, a new industrial zone concentrated on advancing technical solutions and localized production, is another important project, While giving appealing incentive packages to attract foreign direct investment, this zone will supply necessary infrastructure and shared services to support important sectors. The action highlights Abu Dhabi's will to encourage creativity and establish itself as a leader in modern industrial growth.

Additionally presenting a revised plan to keep supporting SMEs is the Khalifa Fund for Enterprise Development (KFED), Operating as a not-for-profit government-run company, KFED is essential in promoting economic development by arming small enterprises with the tools, resources, and ecosystems they need to flourish, The revised plan consists of fresh business-boosting actions meant to guarantee SMEs flourish in a changing environment of markets.

The cooperation between KFED and MEZN Venture Studios helps to confirm Abu Dhabi's status as a center for entrepreneurial activities, especially in sectors related to technology and innovation-driven ones.

A pillar of Abu Dhabi's economy, family-owned businesses will gain from the recently founded Abu Dhabi Family Business Council, By addressing their particular problems, determining objectives, and offering creative ideas to guarantee their sustainability over generations, this council is meant to help family companies, It will also inspire among the younger members of family businesses leadership development and investment.

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) also unveiled a radical fresh approach meant to establish itself as a top business accelerator. Focusing on improving the simplicity of conducting business, encouraging SMEs development, and allowing family enterprises to reach regional and worldwide markets, the approach is based on great cooperation with public and commercial sectors.

Chairman of ADCCI, Ahmed Jasim Al Zaabi underlined the chamber's importance in enhancing Abu Dhabi's commercial environment. "This roadmap was developed through extensive discussions to prioritize business growth and empower enterprises to prosper in regional and global markets," he said. The plan guarantees the Emirate stays a competitive economic powerhouse by cementing the chamber's dedication to matching companies with local and worldwide prospects.

The four projects together capture Abu Dhabi's aim to keep it leading globally in terms of economy, Abu Dhabi, one of the richest cities in terms of sovereign wealth, keeps investing in infrastructure, innovation, and business support to guarantee both sustainable development for companies and people equally.