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Although performance across Abu Dhabi's real estate market remained relatively subdued over the last quarter, the launch of the first phase of the 'Tomorrow 2021' initiative paves the way for a more positive investment environment in the longer term.
Some of the main pillars of Tomorrow 21 include supporting small and medium enterprises by allowing startups to launch without a physical address, and developing a new economic licensing system to facilitate issuance of business licenses. These initiatives are expected to boost overall commercial activity and improve the competitiveness of the business environment in Abu Dhabi in the long term.
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31 October 2018