Business Economy

Abu Dhabi launches maritime business guide to strengthen global investment appeal

Photo Credit : WAM

Abu Dhabi Maritime has unveiled a new business guide aimed at boosting the emirate’s position as a global maritime hub and attracting international investors, according to Captain Saif Al Mheiri.

Speaking to the Emirates News Agency, Al Mheiri said the newly launched Abu Dhabi’s Compass for Maritime Businesses: Your Gateway to Global Opportunity is a strategic step designed to strengthen the competitiveness of Abu Dhabi’s maritime sector and open new doors for global entrepreneurs and companies.

The guide was developed by the Abu Dhabi Maritime Centre in collaboration with the Integrated Transport Centre to showcase the wide range of investment opportunities across the emirate’s maritime ecosystem.

Al Mheiri said the initiative reflects Abu Dhabi’s broader strategy to expand and modernise its maritime industry while promoting its strengths on the global stage. He highlighted the emirate’s strategic geographic position, connecting major international markets through a well-established logistics network backed by AD Ports Group.

The CEO also noted Abu Dhabi’s growing recognition in the global maritime sector, climbing 10 places since 2022 to rank 22nd worldwide and second regionally in the latest Leading Maritime Cities report.

He added that the maritime sector remains a major contributor to Abu Dhabi’s economy, generating around $8.1 billion in 2023, accounting for 2.7 percent of total GDP and 4.6 percent of non-oil GDP.

With more than 1,000 maritime establishments currently operating in Abu Dhabi and an estimated 300,000 maritime companies globally, Al Mheiri said the emirate is well-positioned to capture a larger share of international maritime investment as it continues to diversify its economy.

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