ADDED digitally links free zones in Abu Dhabi

ABU DHABI: As part of its ongoing initiatives and efforts to improve business environment and develop a single plaform for economic licences, the Abu Dhabi Department of Economic Development (ADDED), has completed the e-link project with four freezones including KEZAD Group, which consist of 12 economic zones, 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 of the beneficial owner of economic establishments in line with laws and regulations in the UAE and enhance the country status in following highest level of international standards of transparency and governance.

In addition, the e-link project aims to complete integrationwithministryofeconomy’sdatabaseand the‘nationaleconomicregister’toprovideaccurate, comprehensive, and instant data on the existing economic licenses in the United Arab Emirates.

Mohamed Ali Al Shorafa, Chairman of ADDED and the Free Zones Council, which supervises freezones and include operators’ representatives in its membership, said, “Abu Dhabi has established itself among the leading global centres for innovation and competitiveness. The emirate has nurtured a supportive business environment, unparalleled connectivity,andinfrastructure,presentinginvestors andentrepreneursampleopportunitiestogrowand thrive. Our digital transformation journey enables and supports an integrated and proactive digital government, facilitated through advanced and innovative solutions.