Latest news with #ADCCI
Arabian Business
13 hours ago
- Business
- Arabian Business
Number of certificates of origin issued in Abu Dhabi surges 10.3%
Issuance of certificates of origin by the Abu Dhabi Chamber of Commerce and Industry (ADCCI) has surged 10.3 per cent since June last year. This shows the success of the emirate's economic diversification plans and rising non-oil exports. During the first half of 2025, Abu Dhabi's non-oil foreign trade rose 34.7 per cent, with non-oil exports skyrocketing 64 per cent, re-exports increasing 35 per cent, and imports 15 per cent. Certificates of origin are on the rise, reflecting growing confidence in Abu Dhabi's products and capabilities. Abu Dhabi Chamber is working alongside the private sector to streamline export pathways. — Abu Dhabi Chamber (@adchamber) August 17, 2025 This carries the momentum from the previous year, when non-oil trade increased nine per cent, exports rose 16 per cent, and imports increased by 3 per cent. ADCCI data showed that certificates of origin were issued to companies across a wide range of sectors, with the most prominent being chemicals, metals, and engineering industries, reflecting the emirate's diverse industrial base and growing manufacturing capabilities. Certificates of origin remain key to accessing international markets, confirming the national origin of goods and enabling customs advantages through bilateral and multilateral agreements. The report also points to a notable increase in exports among small and medium-sized enterprises (SMEs), benefiting from the Chamber's targeted initiatives such as business matchmaking programmes, specialised export training, and strategic partnerships with leading trade and investment authorities. Shamis Al Dhaheri, Second Vice Chairman and Managing Director of the Abu Dhabi Chamber, commented: 'The sustained rise in certificates of origin issued by the Chamber is clear evidence of the emirate's thriving export sector. 'This momentum demonstrates the global competitiveness of our companies and their ability to capitalise on new market opportunities, reinforcing Abu Dhabi as a regional hub for trade and manufacturing. 'It is also a testament to the trust that global markets have in the quality of products and services offered by our local businesses. We stay dedicated to support Abu Dhabi and UAE non-oil exports as a dynamic force for economic advancement, providing world-class trade solutions to enable SMEs, in particular, to reach international markets efficiently and sustainably.' Al Dhaheri pointed out that ADCCI continues to facilitate exports and support companies in reaching new markets through advanced services, strategic partnerships, and robust representation of the private sector's interests. 'Certificates of origin are gateways to broader opportunities and vital tools for elevating the private sector's contribution to Abu Dhabi's economic growth,' he added. The Abu Dhabi Chamber emphasised that these achievements provide major momentum towards the emirate's economic vision to bolster non-oil trade as a pillar of sustainable growth and realising the strategic objectives of Abu Dhabi's economy.
Zawya
a day ago
- Business
- Zawya
Abu Dhabi sees 10.3% increase in certificates of origin, signalling the expansion of non-oil exports
Abu Dhabi – The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has announced robust growth in the issuance of certificates of origin, affirming the emirate's rising non-oil exports, success of economic diversification plans, and vibrant external trade environment. The Chamber recorded a 10.3% year-on-year increase in certificates of origin between June 2024 and June 2025, underscoring the widening base of local exporters and the expanding diversity of economic activities in Abu Dhabi. The growth of certificates of origin reflects ADCCI's commitment to enhancing the competitiveness of the private sector and strengthening Abu Dhabi's position as a regional powerhouse for trade and investment. The data highlights increased engagement in export activities, with Abu Dhabi- based exporters driving the momentum and consolidating its status on the regional and global trade map. During the first half of 2025, Abu Dhabi's non-oil foreign trade soared 34.7% to continue its growth trajectory, with non-oil exports skyrocketing 64%, re-exports increasing 35%, and imports 15%, reflecting the vitality of the emirate's economy and growing relations with trading partners around the globe. This stellar performance follows last year's strong growth with non-oil trade surging 9%, exports rising 16%, exports rising 16%, exports going up 11% and imports increasing by 3%. The Abu Dhabi Chamber's data reveal that certificates of origin were issued to companies across a wide range of sectors, with the most prominent being the chemicals, metals, and engineering industries, reflecting the emirate's diverse industrial base and growing manufacturing capabilities. The report also points to a notable increase in exports among small and medium-sized enterprises (SMEs), benefiting from the Chamber's targeted initiatives such as business matchmaking programmes, specialised export training, and strategic partnerships with leading trade and investment authorities. His Excellency Shamis Al Dhaheri, Second Vice Chairman and Managing Director of the Abu Dhabi Chamber, said: 'The sustained rise in certificates of origin issued by the Chamber is clear evidence of the emirate's thriving export sector. This momentum demonstrates the global competitiveness of our companies and their ability to capitalise on new market opportunities, reinforcing Abu Dhabi as a regional hub for trade and manufacturing. It is also a testament to the trust that global markets have in the quality of products and services offered by our local businesses. We stay dedicated to support Abu Dhabi and UAE non-oil exports as a dynamic force for economic advancement, providing world-class trade facilitations solutions to enable SMEs in particular to reach international markets efficiently and sustainably'. He pointed out that ADCCI continues to facilitate exports and support companies in reaching new markets through advanced services, strategic partnerships, and robust representation of the private sector's interests. 'Certificates of origin are gateways to broader opportunities and vital tools for elevating the private sector's contribution to Abu Dhabi's economic growth,' he added. Certificates of origin remain key to accessing international markets, confirming the national origin of goods and enabling customs advantages through bilateral and multilateral agreements. This gives UAE exports a marked competitive edge. The Abu Dhabi Chamber emphasised that these achievements provide major momentum towards the emirate's economic vision to bolster non-oil trade as a pillar of sustainable growth and realising the strategic objectives of Abu Dhabi's economy. 'We regard these indicators as a reflection of business community confidence in the Chamber's services and reiterate our commitment to developing our digital infrastructure and supporting initiatives that serve the aspirations of Abu Dhabi. This will further enable the private sector's global expansion and economic resilience,' H.E. Al Dhaheri noted.
Khaleej Times
a day ago
- Business
- Khaleej Times
Abu Dhabi's non-oil trade surges as diversification drive gains pace
Abu Dhabi is pressing ahead with its diversification agenda, as new trade data highlight a remarkable expansion in its non-oil sector. According to the Abu Dhabi Chamber of Commerce and Industry (ADCCI), the emirate issued 10.3 per cent more certificates of origin between June 2024 and June 2025, a clear sign of widening export activity and the growing competitiveness of local industries. Certificates of origin — official documents confirming the national origin of goods — are crucial for exporters, as they allow products to qualify for preferential tariffs and smooth access to international markets under bilateral and multilateral trade agreements. The strong momentum in certifications reflects Abu Dhabi's growing role in global commerce and the success of its strategies to empower the private sector. The Chamber said that chemicals, metals, and engineering industries were the most prominent beneficiaries, while small and medium-sized enterprises (SMEs) are increasingly making inroads into new markets, supported by specialised training, matchmaking initiatives, and digital export platforms. This surge in export activity coincides with an exceptional performance in overall non-oil foreign trade. During the first half of 2025, Abu Dhabi's non-oil trade reached Dh195.4 billion, up 34.7 per cent from Dh145 billion a year earlier. Non-oil exports jumped 64 per cent to Dh78.5 billion, re-exports grew 35 per cent to Dh36 billion, and imports rose 15 per cent to Dh80 billion. This trajectory stands in sharp contrast to global trade trends, with the World Trade Organisation (WTO) estimating world merchandise trade growth at just 1.75 per cent over the same period. Officials say the results reflect not only Abu Dhabi's robust infrastructure and logistics but also its ability to adapt quickly to shifts in global supply chains. 'Certificates of origin are gateways to broader opportunities and vital tools for elevating the private sector's contribution to Abu Dhabi's economic growth,' said Shamis Al Dhaheri, second vice chairman of ADCCI. He added that the Chamber will continue to facilitate exports and expand international partnerships to enable SMEs and large firms alike to tap global markets efficiently. Analysts said the data indicate Abu Dhabi's diversification drive has gathered real momentum. 'Far from being overshadowed by oil, the emirate's non-oil trade is now one of the clearest signals that its economic transformation is on track, resilient and globally competitive,' they said. The dynamism in Abu Dhabi mirrors the wider UAE's trade boom. Across the federation, non-oil trade for the January–June 2025 period hit Dh1.7 trillion ($462.8 billion), almost double the value recorded five years ago. The UAE has set a target of reaching Dh4 trillion by 2031, though government leaders now expect this milestone to be achieved several years earlier if current momentum continues. Comprehensive Economic Partnership Agreements (Cepas) with India, Indonesia, Israel, Turkiye, Cambodia and Georgia have already boosted bilateral trade, while further deals are under negotiation. Ahmed Jasim Al Zaabi, chairman of the Abu Dhabi Department of Economic Development, described the emirate's progress as evidence of 'long-term planning, decisive policy execution, and a commitment to enabling the free exchange of goods, services, and innovations.' He emphasised that Abu Dhabi is working to entrench its position as a global hub by streamlining trade procedures, enhancing customs systems, and investing heavily in digitalisation. Abu Dhabi Customs has been instrumental in this transformation. Director-general Rashed Lahej Al Mansoori noted that reforms and partnerships have accelerated clearance times and reduced trade bottlenecks, while digital inspection systems and integrated customs platforms are improving efficiency. Strategic assets such as Khalifa Port and the expanded cargo facilities at Abu Dhabi International Airport have reinforced the emirate's standing as a logistics and re-export hub serving the Middle East, Africa and Asia. Global headwinds have not slowed Abu Dhabi's trajectory. WTO data show that merchandise trade volumes grew just 1.2 per cent in 2023, with forecasts suggesting only modest recovery in 2025. Yet Abu Dhabi has managed to grow non-oil trade more than twenty times faster than the global average in the first half of this year. Analysts say this is strengthening the emirate's appeal as a safe harbour for investors seeking both stability and opportunity. The International Monetary Fund (IMF) forecasts that the UAE's non-oil sector will expand by more than 4 per cent in 2025, buoyed by manufacturing, investment inflows and tourism. Abu Dhabi's Industrial Strategy aims to more than double the size of its manufacturing base to Dh172 billion by 2031, further embedding industry and advanced technology into its economy.
Al Etihad
2 days ago
- Business
- Al Etihad
Abu Dhabi sees 10.3% increase in certificates of origin, signalling expansion of non-oil exports
17 Aug 2025 12:44 ABU DHABI (WAM)The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has announced robust growth in the issuance of certificates of origin, affirming the emirate's rising non-oil exports, success of economic diversification plans, and vibrant external trade chamber recorded a 10.3 percent year-on-year increase in certificates of origin between June 2024 and June 2025, underscoring the widening base of local exporters and the expanding diversity of economic activities in Abu growth of certificates of origin reflects ADCCI's commitment to enhancing the competitiveness of the private sector and strengthening Abu Dhabi's position as a regional powerhouse for trade and investment. The data highlights increased engagement in export activities, with Abu Dhabi-based exporters driving the momentum and consolidating its status on the regional and global trade the first half of 2025, Abu Dhabi's non-oil foreign trade soared 34.7 percent to continue its growth trajectory, with non-oil exports skyrocketing 64 percent, re-exports increasing 35 percent, and imports 15 percent, reflecting the vitality of the emirate's economy and growing relations with trading partners around the stellar performance follows last year's strong growth with non-oil trade surging 9 percent, exports rising 16 percent, exports rising 16 percent, exports going up 11 percent and imports increasing by 3 Abu Dhabi Chamber's data reveal that certificates of origin were issued to companies across a wide range of sectors, with the most prominent being the chemicals, metals, and engineering industries, reflecting the emirate's diverse industrial base and growing manufacturing report also points to a notable increase in exports among small and medium-sized enterprises (SMEs), benefiting from the chamber's targeted initiatives such as business matchmaking programmes, specialised export training, and strategic partnerships with leading trade and investment Al Dhaheri, Second Vice Chairman and Managing Director of the Abu Dhabi Chamber, said, 'The sustained rise in certificates of origin issued by the Chamber is clear evidence of the emirate's thriving export sector. This momentum demonstrates the global competitiveness of our companies and their ability to capitalise on new market opportunities, reinforcing Abu Dhabi as a regional hub for trade and manufacturing."It is also a testament to the trust that global markets have in the quality of products and services offered by our local businesses. We stay dedicated to support Abu Dhabi and UAE non-oil exports as a dynamic force for economic advancement, providing world-class trade facilitations solutions to enable SMEs in particular to reach international markets efficiently and sustainably."He pointed out that ADCCI continues to facilitate exports and support companies in reaching new markets through advanced services, strategic partnerships, and robust representation of the private sector's interests. 'Certificates of origin are gateways to broader opportunities and vital tools for elevating the private sector's contribution to Abu Dhabi's economic growth,' he of origin remain key to accessing international markets, confirming the national origin of goods and enabling customs advantages through bilateral and multilateral agreements. This gives UAE exports a marked competitive Abu Dhabi Chamber emphasised that these achievements provide major momentum towards the emirate's economic vision to bolster non-oil trade as a pillar of sustainable growth, and toward realising the strategic objectives of Abu Dhabi's economy. 'We regard these indicators as a reflection of business community confidence in the chamber's services and reiterate our commitment to developing our digital infrastructure and supporting initiatives that serve the aspirations of Abu Dhabi. This will further enable the private sector's global expansion and economic resilience,' Al Dhaheri noted.
See - Sada Elbalad
6 days ago
- Business
- See - Sada Elbalad
Abu Dhabi Accelerates as MENA's Fastest-Growing AI Hub
By Ahmad El-Assasy Abu Dhabi is rapidly emerging as a leading artificial intelligence (AI) powerhouse in the Middle East and North Africa (MENA), according to recent data from the Abu Dhabi Chamber of Commerce and Industry (ADCCI), featured by TV BRICS. Between June 2023 and June 2024, the emirate's AI sector grew by 61%, now boasting 673 AI companies—a significant share of the nearly 90,904 AI firms worldwide. Over the first half of 2025 alone, 150 new AI companies were launched, driven by strategic investments, advanced infrastructure, and growing demand across diverse sectors. Shamis Ali Khalfan Al Dhaheri, Second Vice Chairman and Managing Director of ADCCI, stated that Abu Dhabi is transitioning 'from early adoption of AI to real-world transformation' by fostering an ecosystem grounded in research, consultancy, and enterprise solutions. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid Videos & Features Story behind Trending Jessica Radcliffe Death Video News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani
