NEWS PORTAL

UP TO 540.359 BUSINESS LICENSES ISSUED IN UAE IN 2018

7 Jan 2019

Up to 540,359 business activity licenses were issued by the end of December 2018, circa 1.6 percent up from August of the same year, according to the Ministry of Economy’s statistics.

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THE ABU DHABI EXECUTIVE COUNCIL HAS APPROVED A RESOLUTION TO EXEMPT ALL NEW ECONOMIC LICENSES ISSUED IN THE EMIRATE FROM ALL LOCAL FEES FOR TWO YEARS

8 Dec 2018

The Abu Dhabi Executive Council has approved a resolution to exempt all new economic licenses issued in the emirate from all local fees for two years, effective from the date of issue. The council has also approved another resolution exempting and reducing the fees of 98 basic services charged by the Abu Dhabi Municipalities on the private sector.

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UAE FINANCIAL REGULATORS REACH AGREEMENT ON LICENSING, PROMOTING INVESTMENT FUNDS

27 Nov 2018

The Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) of the Dubai International Financial Centre (DIFC), and the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) announced today that they had reached an agreement on facilitating the licensing of domestic funds by each authority for promotion across the UAE.

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