Abu dhabi: Captain Saif Al Mheiri, CEO of Abu Dhabi Maritime and Group Chief Sustainability and Risk Officer at AD Ports Group, announced the release of "Abu Dhabi's Compass for Maritime Businesses: Your Gateway to Global Opportunity." This guide aims to enhance the emirate's maritime sector competitiveness and attract global businesses, solidifying Abu Dhabi's status as a leading maritime hub.

According to Emirates News Agency, Al Mheiri stated that the Abu Dhabi Maritime Centre, in collaboration with the Integrated Transport Centre, introduced the guide to showcase the emirate's promising maritime opportunities to investors. This initiative encourages global maritime businesses and entrepreneurs to join Abu Dhabi's thriving maritime business community.

Al Mheiri emphasized that this guide is one of the latest efforts by Abu Dhabi Maritime to foster sector growth and highlight its competitive advantages. Abu Dhabi benefits from a strategic location that connects it to global markets, supported by an integrated logistics ecosystem and AD Ports Group, further establishing its role as a pivotal trade and logistics center.

He also noted Abu Dhabi's rise in the global maritime ranking, advancing ten spots since 2022 to 22nd globally and second regionally in the Leading Maritime Cities report. The maritime sector significantly supports Abu Dhabi's economy, contributing approximately US$8.1 billion to the GDP in 2023, accounting for 2.7% of total GDP and 4.6% of non-oil GDP.

Al Mheiri highlighted the success of Abu Dhabi's economic diversification strategy, with the non-oil economy contributing 53.4% to the total GDP. He underscored the maritime sector's growth potential and lucrative investment opportunities, noting that Abu Dhabi hosts over 1,000 maritime establishments, with a vast global market of 300,000 maritime companies. This presents a significant opportunity to attract more businesses to Abu Dhabi.