Abu Dhabi Global Market
Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Department of Economic Development (ADDED), said on Thursday that Indian companies are expanding rapidly in Abu Dhabi. This has helped them a lot in reaching key markets in West Asia, Africa and beyond. Speaking at the CII-ADF Summit held in Mumbai, Zaabi said that the Emirates believes in partnerships rather than just transactional relations.
He said that India has always been an important part of our growth. This role reflects its confidence in Abu Dhabi’s vision. Indian companies are expanding their presence in Abu Dhabi with an annual growth rate of 38.4 percent between 2019 and 2024. They are more able than ever to reach key markets in West Asia, Africa and beyond.
Relations between India and UAE are very old
Zabi further said that relations between India and UAE are very old. The relationship between the two countries is based on trade, trust and friendship. He told Indian investors that they should not only invest in Abu Dhabi but also invest with Abu Dhabi. Both the partners have adopted the path of prosperity over time and have transformed adverse circumstances into favorable ones.
Abu Dhabi is home to people from 200 countries – Al Zaabi
He said that Abu Dhabi is currently home to people from about 200 countries, including Indians, who are an important part of its progress and prosperity. He said that Abu Dhabi is a place that respects his talent and enterprise.
Here we enable businesses to start, expand and succeed. We connect enterprises to the world’s fastest growing markets. We do not believe in transactional relationships, but in partnership. Al Zaabi is also the Chairman of Abu Dhabi Global Market (ADGM), Abu Dhabi’s international financial center and free economic zone.