The Abu Dhabi Department of Economic Development (ADDED) has announced a list of 1,105 registered commercial and industrial activities open to ownership by natural and legal non-citizens, WAM reported. This enables them to fully or partially own commercial companies to practice these activities in Abu Dhabi. The list includes a broad range of activities from manufacturing to equipment rental and photography to running a zoo.
The Council of Ministers decided the list of activities available for foreign ownership according to what would have the most significant strategic impact.
Existing companies have the right to adjust their status, provided they comply with the regulations on activities or other applicable restrictions according to ADDED-adopted procedures. To read more, click here.