Skip to content
  • UAE categorically denies media reports alleging transfer of funds to Iran
  • ETCC partners with Huawei to launch 2nd edition of Nafis International Programme for Emirati tech students
  • Abdullah bin Zayed, Canadian Foreign Minister discuss bilateral relations, regional developments
  • Etihad Airways launches direct flights to Kraków, Palma de Mallorca, expanding European network
  • IHC commences AED1.8 billion initial purchase under approved AED5 billion share buyback programme
  • Abu Dhabi DoE concludes China visit, reinforces commitment to global partnerships
  • Etihad, DCT Abu Dhabi launch complimentary medical travel insurance for international visitors flying to or through Abu Dhabi
  • SEHA’s Madinat Zayed Hospital performs complex endoscopic procedure
  • Ras Al Khaimah unlocks new growth hub for South China’s green tech & manufacturing giants
  • Abu Dhabi Chamber, Shanghai Foreign Investment Development Board sign MoU to strengthen economic, trade cooperation
  • CBUAE strengthens leadership in financial inclusion through strategic partnership with World Bank Group
  • Under directives of UAE President and patronage of Hazza bin Zayed, 2nd Al Ain Camel Racing Festival to take place at Al Rawda Racetrack in Al Ain Region
  • UAE Pavilion to showcase national defence capabilities at Eurosatory 2026
  • ‘Seeing Ourselves’ exhibition opens in collaboration with Zayed University
  • UAE President issues Federal Decree appointing Shayma Yousef Alawadhi as Undersecretary of Ministry of Human Resources and Emiratisation for Labour Market Regulation and Development
  • Major U.S. stock indices up as investors await SpaceX IPO
  • European Investment Bank approves €7.9 billion in new financing for innovation, water, clean energy and transport
  • Nahyan bin Mubarak attends graduation ceremony of 6th cohort of Sheikh Zayed Private Academy for Boys under patronage of Sheikha Fatima bint Mubarak
  • UAE President awards Order of the Union to Martin L Edelman
  • UAE confirms readiness to host 2026 UN Crime Congress
13/06/2026
Follow Us :
  • News
  • Politics
  • Money
  • Social
  • Events
  • Urban
  • Health
  • Science
  • Climate
  • Sports

The Capital Connect

Categories

Culture

2

Health

19

Tourism

11

Contact us

Abu Dhabi - United Arab Emirates admnews.ae@gmail.com +97150-10-60-480

Follow Us

logo logo
  • News
  • Politics
  • Money
  • Social
  • Events
  • Urban
  • Health
  • Science
  • Climate
  • Sports
Economy

ADDED encourages private sector to benefit from Sharaka platform

  • 11/06/2026
  • 2 minutes read
The Abu Dhabi Department of Economic Development (ADDED) has called on private sector’s companies and institutions operating in the emirate to take advantage of the features of the “Sharaka” platform, which aims to support private sector’s growth and facilitate ease of doing business.

Sharaka was launched in 2018 by the Abu Dhabi Executive Council to develop communication mechanisms that enhance constructive dialogue and transparency, and to accelerate the settlement of financial claims and dues owed to private sector companies by government entities and institutions.

By strengthening public-private partnership, the platform reinforces Abu Dhabi’s position as an attractive destination for talent, businesses, and investments.

Sharaka is part of Abu Dhabi Government’s initiatives to support the emirate’s development journey. Since its launch, the platform has contributed to accelerating the settlement of financial claims owed to private sector companies by several government and semi-government entities to support the private sector and encouraging its active contribution to the local economy.

The number of claims submitted through Sharaka platform up to the end of April 2026 reached 192 claims by private sector’s companies. A total of 191 claims were cleared, representing 99.5% of all eligible claims submitted with a cumulative value exceeding AED1.07 billion, while the value of claims under assessment is AED59.9 million.

Hamad Sayah Al Mazrouei, Under-Secretary of ADDED, said, “The private sector continues to play a fundamental role in Abu Dhabi’s economic growth and diversification. This is reflected in the strong growth rates of non-oil sectors, which account for more than 54% of the emirate’s GDP. Progressive policies and initiatives, a supportive business ecosystem, and the adoption of the highest standards of governance and transparency have further enhanced the attractiveness and competitiveness of Abu Dhabi’s economy. This is evidenced by the 29% growth in new economic licences issued in 2025, and 21% in Q1-2026.”

Al Mazrouei added, “We remain focused on maintaining continuous engagement with the private sector, exchanging insights, and leading constructive dialogue on developments and changes in local and global markets. This contributes to policy development and supports the business sector in addressing challenges, leveraging opportunities provided by the Abu Dhabi’s dynamic economy, and enhancing its competitiveness. We encourage private sector companies and institutions to benefit from Sharaka platform to accelerate the settlement of financial dues. Sharaka supports smooth cash flows and enables companies to continue operations, grow, and contribute to the socio-economic development of Abu Dhabi and the UAE.”

Sharaka, which can be accessed through “TAMM”, the super AI app for Abu Dhabi Government Services, provides a seamless and secure experience and supports achieving Abu Dhabi’s strategic goals to accelerate the economic growth and diversification. The private sector plays a vital role in these efforts.


Discover more from ADM | Abu Dhabi Magazine

Subscribe to get the latest posts sent to your email.

Related Post

Abu Dhabi Chamber, Shanghai Foreign Investment Development Board sign MoU to strengthen economic, trade cooperation

The Abu Dhabi Chamber of Commerce and Industry and the Shanghai Foreign Investment Development Board (Invest Shanghai) signed a strategic Memorandum of Understanding (MoU) during the Chamber’s participation in the Abu Dhabi Investment Forum (ADIF), organised by the Abu Dhabi Investment Office (ADIO) in collaboration with Abu Dhabi Global Market (ADGM) and the Abu Dhabi […]
12 Jun 2026 - 2:57 PM

Third cohort of Financial Market Pioneers Programme graduates

ADGM Academy (ADGMA), the knowledge arm of Abu Dhabi’s international financial centre, ADGM, in collaboration with the UAE Capital Market Authority (CMA) and Sandooq Al Watan, celebrated the graduation of the third cohort of the Financial Market Pioneers Programme. This programme represents a flagship national initiative, designed to prepare young UAE Nationals with specialised financial […]
11 Jun 2026 - 7:06 PM

ECB raises interest rates for first time since 2023

The European Central Bank (ECB) has raised interest rates for the first time since 2023, in a move aimed at containing mounting inflationary pressures linked to global developments. The ECB decided to increase its deposit rate from 2 percent to 2.25 percent, while financial markets are anticipating two additional rate hikes by spring next year. […]
11 Jun 2026 - 5:37 PM

KEZAD Group announces development of AED112 million SME Hub in Abu Dhabi

KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, has announced the development of the KEZAD SME Hub, a purpose-built business platform for small and medium enterprises (SMEs). The SME Hub marks the group’s first-of-its-kind development designed to support SMEs in establishing and scaling their operations in the […]
11 Jun 2026 - 11:38 AM
  • Recent
  • Popular
  • Comment
Politics

UAE categorically denies media reports alleging transfer of funds to Iran

13/06/2026
Education

ETCC partners with Huawei to launch 2nd edition of Nafis International Programme for Emirati tech students

13/06/2026
Politics

Abdullah bin Zayed, Canadian Foreign Minister discuss bilateral relations, regional developments

12/06/2026
Aviation

Etihad Airways launches direct flights to Kraków, Palma de Mallorca, expanding European network

12/06/2026
News

IHC commences AED1.8 billion initial purchase under approved AED5 billion share buyback programme

12/06/2026
Social

Abu Dhabi Department of Culture and Tourism Hosts 2nd Ghaitah Al Ain Festival

14/03/2026
Politics

UAE categorically denies media reports alleging transfer of funds to Iran

13/06/2026
Security

Abu Dhabi Launches Phase Two Of Our Community Is Prepared Campaign To Boost Resilience

15/03/2026
Security

Cyber Security Council warns against downloading, using fake applications

15/03/2026
Social

A promising professional future for members of Zayed Authority for People of Determination

16/03/2026

POPULAR NEWS

Politics

UAE categorically denies media reports alleging transfer of funds to Iran

13/06/2026
Education

ETCC partners with Huawei to launch 2nd edition of Nafis International Programme for Emirati tech students

13/06/2026
Politics

Abdullah bin Zayed, Canadian Foreign Minister discuss bilateral relations, regional developments

12/06/2026
Aviation

Etihad Airways launches direct flights to Kraków, Palma de Mallorca, expanding European network

12/06/2026

HOT CATEGORIES

Tourism

11

Transport

11

Tags

ADEC AD Mobility ADNEC AD Police AD Ports Group Al Ain Al Dhafra DCT DMT EAD Etihad Rail MBZUAI UAEU Yas Island Zayed University
Explore the city that shapes the world and stay informed about its most compelling events and experiences.

Recent Posts

UAE categorically denies media reports alleging transfer of funds to Iran

ETCC partners with Huawei to launch 2nd edition of Nafis International Programme for Emirati tech students

Categories

Climate

Culture

Economy

Events

Health

Municipal

ADDED encourages private sector to benefit from Sharaka platform

Science

Security

Social

Sports

Tech

Tourism

Instagram

EDE welcomes Novo Nordisk’s decision to establish UAE pharmaceutical distribution hub
31st IRENA Council ushers new era of global energy transition
Etihad launches flights to Salalah
NYU Abu Dhabi launches AI-powered sign language translation system
Mal receives in-principle approval for bank licence from CBUAE
ISNR 2026 reinforces UAE’s position as global hub for security events: Group CEO of ADNEC Group
© 2026 ADM NEWS