PHOTO
- The new business package is designed to encourage an increase of women-led businesses in the emirate.
Abu Dhabi, United Arab Emirates: Masdar City Free Zone has introduced a new business package exclusively for all women entrepreneurs, to further support the growth of women-led companies in the UAE. The announcement comes ahead of Emirati Women’s Day on the 28th August, which for 2021 is themed, ‘Women: Ambitions & Inspiration for Next 50 Years,’ in line with the UAE’s "Year of the 50th".
Abdulla Balalaa, Executive Director, Masdar City, said, “From its inception, Masdar has valued the integral importance of women in progressing towards a more sustainable future. At Masdar City Free Zone, we mirror this view which is also in line with the UAE governments’ goal of driving greater gender equality and furthering successful sustainable development. For example, in 2017, the UAE government pledged $50m to the Women Entrepreneurs Finance Initiative fund and has introduced several initiatives to further encourage female entrepreneurship, including the Abu Dhabi Businesswomen Council.”
Balalaa continued, “In addition to the number of women in the workforce, in the UAE, women also constitute approximately 70% of university graduates. From next year, this will also include women graduating from Masdar City-based, Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the world’s first university dedicated to the study of artificial intelligence, and a highly significant area in progressing the global green transition. Masdar City therefore provides a unique ecosystem for women, who not only have the opportunity to study, but also the option to establish a business here and become part of an international network of innovators. With these kinds of opportunities, Masdar City Free Zone is an excellent location for women to set up their businesses.”
Masara Alameiri, Acting Director, Masdar City Free Zone, said; “Masdar City Free Zone recognizes the essential role that women play in progressing the UAE’s economic and development goals, which are critical to building a more sustainable and prosperous future for everyone. In Masdar City, which is the regional hub for the R&D of sustainability-focused technologies and solutions, women are key drivers of the ground-breaking progress being made here in the areas of artificial intelligence (AI), clean energy, healthtech, food security, mobility, water, and sustainable urban development. Masdar City recognizes their vital role and is offering a competitive business option that will allow even more women to establish their companies here.”
“The Masdar City Free Zone is run by a highly knowledgeable team of experts who are ready to assist women with all of their requirements, both in person, via email or phone, or via the City’s Free Zone portal,” Alameri added.
In addition to the women-specific business package option, Masdar City Free Zone also offers competitive new business packages that offer flexibility for companies to adapt to their businesses specific requirements and are available now to both new and existing businesses.
For more information and details on the new Masdar City Free Zone package for women, please visit https://masdarcityfreezone.com/en/our-services#licensing-tariffs and contact the Free Zone team at info@masdarcityfreezone.com via email, or call +971 2 653 3333.
-Ends-
About Masdar City
Abu Dhabi’s Masdar City is one of the world’s most sustainable developments. It is made up of a rapidly growing clean-tech cluster, business free zone and residential neighborhood with restaurants, shops and public green spaces. Masdar City is a working model for cities around the world in environmental, economic and social sustainability, and continues to push the boundaries of innovation. The sustainable city is home to the headquarters of the International Renewable Energy Agency (IRENA), as well as several Fortune 500 companies, hundreds of entrepreneurs, and a leading graduate-level research institute.
About Masdar:
Abu Dhabi's renewable energy company, Masdar is advancing the commercialization and deployment of renewable energy, sustainable urban development and clean technologies to address global sustainability challenges. Wholly owned by Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, our mandate is to help maintain the UAE's leadership in the global energy sector, while supporting the diversification of both its economy and energy sources for the benefit of future generations. Abu Dhabi's Masdar City is one of the world's most sustainable communities. It is made up of a rapidly growing clean-tech cluster, business free zone and residential neighborhood with restaurants, shops and public green spaces. Masdar City is a working model for cities around the world based on the three pillars of environmental, economic, and social sustainability, and continues to push the boundaries of innovation. The sustainable city is home to the headquarters of the International Renewable Energy Agency, several Fortune 500 companies, hundreds of local businesses and entrepreneurs, and a leading graduate-level research institute.
For more information, please visit: http://www.masdar.ae/
Contacts:
E-mail: press@masdar.ae
Tel enquiries in Arabic: +971 2 653 3333
Tel enquiries in English: +971 2 653 6014
For more information, please visit: http://www.masdar.ae
Connect with us on social media:
Facebook: http://www.facebook.com/masdar.ae
Twitter: http://www.twitter.com/Masdar
Instagram - Masdar: https://www.instagram.com/masdar/?hl=en
Instagram - Masdar City: https://www.instagram.com/masdarcityabudhabi/?hl=en
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
