UAE: Abu Dhabi Value (ADV) – The Abu Dhabi Department of Economic Development’s New Localisation Rules

24. April 2019  

A year after the Abu Dhabi National Oil Company’s “In-Country Value” Program (ICV) came into force, the Abu Dhabi Department of Economic Development (ADDED) has soft launched its localisation program (“Abu Dhabi Value Program” – ADV). With main objectives such as the diversification of Abu Dhabi’s GDP, localisation of its supply chain and Emiratisation of the private sector, the ADV Program shows similar features to the ICV Program.