Department of Planning & Economy, Abu Dhabi awards Morison Menon to compile first business handbook
‘Doing Business in Abu Dhabi’ will highlight economic potential of the UAE capital

Abu Dhabi, UAE; December 20, 2006-The Department of Planning and Economy, Abu Dhabi has awarded Morison Menon Chartered Accountants, to compile a handbook on doing business in Abu Dhabi. 
The first ever comprehensive and authoritative handbook on the business potential of the UAE capital city, ‘Doing Business in Abu Dhabi’ will offer investors verified information on the economic fundamentals and business environment of the emirate.

Morison Menon Group, being a leading business consulting firm in the UAE – have years of experience in guiding entrepreneurs right from business ideas through incorporation to successful functioning. Insights gained by these have resulted in various much sought-after business handbooks/guides for potential investors. The organisation has published ‘Doing Business in the UAE and UAE Free Trade Zones,’ which is now in its fourth edition.
 
“Abu Dhabi offers a strong and stable economic climate which is ideal for sustained foreign investment,” said Hamad Salem L. Al Neaimi, Acting Assistant Undersecretary of Commercial Affairs, Department of Planning & Economy. “We believe that investors not only bring in professional skills and expertise but also contribute to the overall growth of the economy. Therefore we want to offer them a comprehensive and clear view of the economy, which is being facilitated through this handbook. Morison Menon Chartered Accountants bring with them a reputation of professionalism, value, trust and a high level of experience in doing business guides. ”

He added: “The new handbook will serve as an educational tool and a ready reckoner offering information on the various investment opportunities in Abu Dhabi as well as the rules and regulations involved in setting up business in Abu Dhabi and its free zones. There will be specific sections on the emirate’s tourism and lifestyle aspects.”
Morison Menon Chartered Accountants have a long history of offering guidance to foreign investors in setting up business in the UAE. “We entrusted the task of compiling the handbook to Morison Menon because they understand the intricacies of setting up businesses rather than merely listing the various facets of the economy. An insightful look at the economy is important in guiding investors,” said Al Neaimi.

 Raju Menon, Managing Partner, Morison Menon said: “Business opportunities in UAE have never been stronger. Confidence levels are high, and quality businesses both global and home grown, operating regionally and internationally are making long term plans around UAE. These players led by quality owners and management teams need accurate information and quality advice they can trust.  Our business guides are the result of dedicated work from our innovative and insightful team of professionals who have a deep understanding of the various nuances affecting businesses in the country and the region.”

Khalid Al Shams, CEO, Morison Menon, added: “We have been assisting investors within the UAE for over 12 years. One of the issues that hindered investors from starting business was the lack of access to the right information.  This guide will act as a complete source for providing them with the answers to all their questions. We are thankful to the Department of Planning and Economy, Abu Dhabi for this opportunity to compile the handbook.” 
The handbook will be issued in English by early 2007 and copies will be available with Department of Planning & Economy, Abu Dhabi.  

About Morison Menon Chartered Accountants  
An independent member of Morison International, Multi- location group of companies with its headquarter in Dubai and having offices in Jebel Ali, Abu Dhabi, Sharjah, and in DIFC (Dubai International Financial Center).Regionally the offices are in Oman and Iran. With a team of almost 90 professionals, the service portfolio expanded from Financial Auditing and Accounting Services to a whole range of consulting solutions for corporates and new businesses in the UAE offered through a separate business entity within the Group; which is Morison (UAE) Consulting. Further information about Morison Menon can be found at www.morisonmenon.com