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The Creative Economy is increasingly becoming an essential driver of economic growth, economic diversification and employment. Creative Economy in the UAE has gained success thanks to Government policy, programs, funding, economic frameworks, ensuring political and economic stability, tolerant society (draws talent), world-class infrastructure, ease of doing business (free-trade zones), education, geographic location.
Creative economy diversifies the economy, creates jobs, empowers youth and women, attracts inbound investment, promotes ease of doing business, supports international cooperation, enriches national identity, supports diversity, enhances creative tourism.
So, Masdar City Free Zone has introduced new competitive business package options in line with UAE government moves to further support and facilitate the growth ambitions of businesses in Abu Dhabi.
New business licenses now start at just AED 1,000 (1 BƏƏ dirhəmi AED = 0.4628 AZN) and offer flexibility to new and existing tenant companies, with options to adapt to their business's specific requirements. The Free Zone is also offering a business package exclusively for women entrepreneurs.
It is noteworthy that Masdar City, is a thriving community, home to a rapidly growing clean-tech cluster, a business free zone and residential neighborhood with restaurants, shops and public green spaces. This free zone is home to start-ups, SMEs and multinationals covering a wide range of industries. Some of the City’s tenants include:
- International Renewable Energy Agency (IRENA) (headquarters)
- Schneider Electric
- Siemens (Middle East headquarters)
- Emirates Nuclear Energy Corporation (ENEC)
- Mohamed bin Zayed University of Artificial Intelligence
We invite the Azerbaijani businessmen to take advantage of this opportunity to establish their business in Abu Dhabi and join the region’s ultimate hub for innovative sustainable technologies Masdar City. Detailed information can be found at https://masdarcity.ae/