Abu Dhabi: Captain Saif Al Mheiri, CEO of Abu Dhabi Maritime and Team Leader Sustainability and Possibility Officer at AD Ports Team, stated the release of the Abu Dhabi’s Compass for Maritime Companies: Your Gateway to International Alternative information marks an important step in opposition to bettering the competitiveness of the emirate’s maritime sector and attracting corporations and marketers from world wide, reinforcing Abu Dhabi’s place as a number one world maritime hub.
He famous that the information is without doubt one of the newest tasks through the Abu Dhabi Maritime geared toward supporting the field’s expansion and selling its aggressive benefits.
He added that Abu Dhabi enjoys a strategic location connecting it to world markets, supported through an built-in logistics ecosystem and the presence of AD Ports Team, strengthening its place as a key centre for business and logistics services and products.
He famous that the emirate has endured to reinforce its status some of the international’s main maritime towns, advancing ten puts since 2022 to rank twenty second globally and 2nd domestically within the Main Maritime Towns (LMC) document.
Al Mheiri stated the maritime sector is without doubt one of the key pillars supporting Abu Dhabi’s economic system, contributing roughly $8.1 billion (Dh29.7 billion) to the emirate’s GDP in 2023. This accounted for two.7% of general GDP and four.6% of non-oil GDP.
He added that the non-oil economic system contributed 53.4% of general GDP, reflecting the good fortune of Abu Dhabi’s financial diversification technique.
He highlighted the maritime sector’s robust expansion attainable and promising funding alternatives, noting that Abu Dhabi is house to greater than 1,000 maritime institutions, whilst there are an estimated 300,000 maritime corporations international, underscoring the numerous alternative to draw extra companies to the emirate.