Al Ain new business licences jump 35% as investment gathers pace

Al Ain recorded a 35% surge in new business licences during the first half of 2026, reaching 2,225, according to data presented at the 1st Al Ain Future Business Forum. The figure reflects robust expansion in construction and sectors tied to the region's future economy. Organised by Abu Dhabi Department of Economic Development (ADDED), the two-day forum in Al Ain, under the theme "Invest, Develop, Thrive," underscored the city's dynamic growth potential amid Abu Dhabi's broader diversification efforts.

Hamad Sayah Al Mazrouei, Undersecretary of ADDED, highlighted Al Ain's rapid ascent as a top UAE and Gulf region, citing strengths in talent, knowledge, innovation, agriculture, tourism, and advanced manufacturing. He noted that investors are increasingly attracted to Al Ain's business ecosystem, as evidenced by the 35% rise in new licences this year.

Construction saw the most significant jump, with 698 new licences issued, a 178% increase from the previous half-year. Manufacturing also expanded with 121 new licences, marking a 10% rise compared to 2025.

Emerging industries, such as professional, scientific, and technical activities, saw a 263% increase in licences, while financial and insurance sectors grew by 125%. Information and communications technology saw an 83% surge. The report also noted a 21% rise in Abu Dhabi's new economic licences for the first quarter of 2026, alongside a notable 261% increase in freelance permits.

The forum discussed leveraging Al Ain's competitive advantages to foster sustainable growth, attracting global policymakers, business leaders, and investors.