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Al Etihad
08-07-2025
- Business
- Al Etihad
Abu Dhabi Chamber membership rises 4.9% to over 157,000 companies
8 July 2025 16:08 ABU DHABI (WAM) Membership in the Abu Dhabi Chamber of Commerce and Industry (ADCCI) has grown to 157,207 companies, a 4.9% increase between September 2024 and June growth reflects the Chamber's efforts to empower businesses through tailored services, bridge the private and public sectors, and improve access to investment a press briefing, Abu Dhabi Chamber outlined key achievements over the last nine months, highlighting the Chamber's commitment to supporting businesses in Abu September 2024, ADCCI has hosted 69 business events with government bodies, welcomed 70 trade and diplomatic delegations, and signed 25 partnership agreements. It has also joined 11 outbound delegations and opened its first overseas representative office in Poland, a strategic step in expanding Abu Dhabi's international economic Ali Al Dhaheri, Second Vice Chairman and Managing Director of ADCCI, said, 'Abu Dhabi's economic strength is reflected in the number of new members, and we believe strong partnerships between the public and private sectors will continue to produce success. The rise in memberships highlights the Chamber's strategic role as a key partner in economic development and a driver of competitiveness and sustainable growth. We stand shoulder to shoulder with the business community, sharing its ambitions and providing the tools and resources to compete on the global stage.'The Chamber's performance correlates with Abu Dhabi's economic progress. The emirate's GDP reached Dh291 billion in Q1 2025, a 3.4% increase year-on-year, driven by a 6.1% rise in non-oil sectors to account for 56.2% of total GDP, reflecting success of economic diversification private sector continues to accelerate economic growth and diversification as evidenced by their impactful role in the highest growing non-oil sectors and largest contributors to economic output such as manufacturing, construction, finance, real estate, and addition to its external engagements, the Chamber continued strengthening its internal services. Between September 2024 and June 2025, ADCCI recorded a 90.23% customer satisfaction rating on the TAMM platform. The Chamber's call centre responded to more than 18,900 inquiries, demonstrating its level of responsiveness and service continues to support the private sector by improving regulatory frameworks and facilitating open dialogue with policymakers. To date, it has formed 15 working groups comprising business leaders to identify challenges and collaboratively develop practical solutions across key industries. It has published 364 economic reports to support decision-making and held 10 workshops attended by over 1,000 private sector representatives to help the business community better understand legal and commercial Chamber has also honoured seven companies with the Sheikh Khalifa Excellence Award in recognition of their commitment to quality and press briefing heard how effective communication is vital to promoting Abu Dhabi's business environment. Al Dhaheri stressed the role of national media in spotlighting private sector achievements and amplifying success stories that capture the scale of Abu Dhabi's transformation while shaping its image as a world-class business and investment work is closely aligned with the objectives of Abu Dhabi's Falcon Economy and supports wider national economic goals through targeted support for SMEs, exporters, and investors. Its 2025–2028 roadmap, developed in close collaboration with the private sector, guides ADCCI's efforts to provide key market insights and access to investment opportunities. Through its roadmap, ADCCI will continue to strengthen capacity building and contribute to the sustainable and inclusive growth of Abu Dhabi's economy.
Al Etihad
03-07-2025
- Business
- Al Etihad
Statistics Centre – Abu Dhabi reports 3.4% growth in emirate's GDP in Q1 2025
3 July 2025 15:24 ABU DHABI (ALETIHAD)The Statistics Centre - Abu Dhabi (SCAD) has reported that the emirate's Gross Domestic Product (GDP) reached Dh291 billion in the first quarter of 2025, recording a 3.4 per cent increase compared to the same period in 2024. This performance is driven by the strength of the non-oil economy, which expanded by 6.1 per cent year-on-year, reaching Dh163.6 billion. For the first time in Q1 period, the non-oil sector contributed 56.2 per cent of the total GDP, while the oil sector accounted for the remaining 43.8 per cent, equivalent to Dh127.4 billion. The results highlighted the effectiveness of Abu Dhabi's ongoing efforts to diversify its economic achievements underscore the emirate's success in building a broad-based and resilient economy. With momentum driven by manufacturing, construction, financial services, real estate and trade, the Q1 results reflect strong fundamentals and well-coordinated economic Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), said: 'Day after day, Abu Dhabi's economy is reaffirming the success of the emirate's long-term strategy and the effectiveness of timely policies and measures to address changes and challenges in regional and global landscape. Our Falcon Economy orchestrates multi-dimensional strategies across different sectors, enabling us to build synergies and work in tandem to achieve Abu Dhabi and the UAE's strategic objectives.'The continued strong performance of non-oil sectors, accounting for 56.2 per cent of the total GDP in Q1-2025, is a testament to this vision. The manufacturing sector's steady growth reflects Abu Dhabi's Industrial Strategy's (ADIS) success in turbocharging the sector and enhancing the emirate's status as a magnet for highly skilled talent, businesses, and quality investments. We remain committed to future-proof our economy, building world-class hubs for financial services, advanced manufacturing, AI, trade and logistics, and new energy.'Abdulla Gharib Alqemzi, Director General of the Statistics Centre - Abu Dhabi, said: 'The first quarter of 2025 reaffirms the strength, adaptability, and maturity of Abu Dhabi's economic model. Our transition toward a diversified, knowledge-based economy continues to gain momentum, with high-growth sectors like manufacturing, construction, and financial services driving sustainable expansion.'This economic resilience is particularly vital as Abu Dhabi's population continues to grow, reaching 4.14 million residents in 2024. Sustained economic growth is not only a sign of vitality, it's essential for supporting public services, investments, and the well-being of our expanding community. SCAD remains committed to providing trusted, timely data that informs decision-making and supports inclusive, long-term development.'The manufacturing sector continued to lead the non-oil economy with a total value added of Dh28.5 billion in Q1 2025. It grew by 5 per cent compared to the same period last year and contributed 9.8 per cent to the emirate's total Q1 2025, the sector maintained its upward momentum, with the number of new industrial licences increasing by 4.7 per cent year-on-year, and the number of factories that progressed from under construction to production stage surged by 65 per cent, underscoring the industrial sector's continued vitality and operational activity experienced an expansion of 10.2 per cent in Q1 2025, reaching a total value of Dh27.5 billion and contributed 9.4 per cent in the GDP of the emirate. The performance is linked to continued investment in infrastructure, housing, and urban development. Recent initiatives such as the launch of the Binaa digital building permit platform, powered by artificial intelligence, are expected to further enhance project delivery and regulatory efficiency across the construction finance and insurance sector demonstrated robust growth, increasing by 9.1 per cent compared to Q1 2024 and generated Dh19.6 billion in value. This sector contributed 6.7 per cent to the total GDP, benefiting from Abu Dhabi's growing reputation as a regional and international financial the first quarter of 2025, ADGM saw a 43 per cent rise in registered financial institutions and a 33 per cent increase in assets under management compared to the same period last year. Regulatory updates and expanded investment programmes have helped attract global financial firms to establish operations in the emirate. During the same period, the Abu Dhabi Securities Exchange (ADX), the second largest exchange in the MENA region, posted a strong performance. Its market capitalisation rose 3.2 per cent to exceed Dh2.93 trillion, and foreign net investment skyrocketed by 151 per cent to over Dh8.5 billion, showing the growing confidence of international investors in Abu Dhabi's wholesale and retail trade sector grew by 3.6 per cent in Q1 2025, with a total value of Dh16 billion and a 5.5 per cent contribution to GDP. This reflects continued consumer confidence, supported by steady population growth and tourism recovery. The sector is also benefiting from Abu Dhabi's expanding global trade relations aimed at unlocking access to broader markets and reinforcing trade scientific and technical services, including administrative support activities, stood at 10.3 per cent, supported by rising demand for business services and knowledge-based professions. The Arts and Entertainment services grew by 8.4 per cent, reinforcing the role of cultural attractions and tourism in economic growth and transportation and storage sector expanded by 7.5 per cent, reflecting Abu Dhabi's strategic logistics role and growing connectivity. Real estate activities increased by 6.7 per cent, with ongoing investment in residential and commercial development projects. The health sector grew by 5.2 per cent, aligning with broader public service enhancements and efforts to improve quality of Abu Dhabi's population reached 4.14 million residents in 2024, up from 3.8 million in 2023, its non-oil GDP continues to support the emirate's expanding population through sustained economic growth. This demographic trend reflects economic vitality and the government's long-term vision for sustainable development. Alongside this demographic momentum, Abu Dhabi's Dh13 billion Digital Strategy (2025–2027) is driving the emirate toward becoming the world's first fully AI-native government by 2027. By automating all government processes, the strategy aims to boost efficiency, enhance service delivery, and stimulate innovation-driven economic growth, reinforcing Abu Dhabi's position as a global leader in data-driven, sustainable development.
