Abu Dhabi will exempt all businesses issued new economic licences by the emirate from local fees for two years as it looks to attract investors, according to The National. WAM reports that this will come into effect starting December 1.
The Abu Dhabi Executive Council also approved a decision to cancel 75 municipality services fees and reduce the cost of 23 municipality fees by 10 to 50 percent, according to a tweet by Abu Dhabi's Office of Government Communication.