
Insights & Updates

MENA energy investments to hit $879bn in next five years
The Abu Dhabi Securities Exchange expects to match or exceed the record number of listings it achieved in 2021 as it continues to add new products and expand its investor base, its managing director and chief executive said.

The UAE plans to increase 2022 federal budget by $334.9m
The UAE federal government, seated in Abu Dhabi, plans to boost its 2022 federal budget spending by an additional Dh1.23 billion ($334.9 million), the Federal National Council said on Tuesday. It said the UAE's revenue this year was estimated to increase by about Dh374.9m.

Types of Abu Dhabi Trade Licenses
Before it actually begins operating, a commercial enterprise must obtain a license that allows it to carry out its chosen economic activity. There are six types of license: commercial, agricultural, craftsmanship (or occupational), professional, industrial and tourism.