ABU DHABI, UAE - The Central Bank of the UAE (CBUAE) has cancelled the license of First Insurance Brokers Company (First Insurance), an insurance company operating in the UAE. CBUAE struck First Insurance’s name off the Register, pursuant to Article 22 (2) of the Board of Directors Resolution No.15 of...

Manama, Bahrain--Spire Technologies has obtained licenses from the Central Bank of Bahrain (CBB), authorizing it to operate as a fully regulated open banking ancillary service provider in Bahrain. The approval from the CBB will effectively enable Spire Technologies to expand its offerings, delivering expert financial insights and swift digital solutions...

Doha, Qatar--Qatar Central Bank (QCB) has exhorted companies willing to work in providing website services to compare prices of insurance policies to promptly submit applications to receive the required license from the bank. In a statement on Saturday, QCB outlined that this announcement comes in alignment with financial sector and...

Manama, Bahrain-- for "exceeding the scope of the permit." The owner had exceeded the scope of the permit which was issued to him, in accordance with the provisions of the Real Estate Sector Regulation Law,  promulgated by Law No. 27 of 2017 and its amendments and executive edicts. In a statement issued...

Abu Dhabi, UAE-- In order to protect natural rangelands and promote sustainable traditional grazing practices, the Environment Agency – Abu Dhabi (EAD) has begun issuing licenses to owners and breeders of livestock to regulate grazing and all related activities in Abu Dhabi. The licensing policy has been introduced to ensure...

DUBAI, UAE - The UAE Regulations Lab has issued a license for an electric cargo aircraft to promote eco-friendly transportation and enhance the sustainability of the air cargo industry in the country. The license is aimed at reducing carbon emissions by encouraging the adoption of clean energy and leveraging technology...

The license will allow investors to buy or rent lands, operate and manage the projects and allocate the necessary facilities for it with just a single approval.

Dubai, UAE--Binance, the leading global blockchain services provider, said Tuesday it has received the Minimal Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA), allowing it to offer virtual assets services. Binance was issued the provisional license in March 2022. The transition to an MVP License from a...

A total of 1,200 economic activities have been granted one-year exemption from a lease contract for work premises as a prerequisite to issuing an economic license by the Abu Dhabi Department of Economic Development (ADDED). The economic activities included in this initiative represent 29.5 percent of total economic activities licensed...

Qatar warned the general public Sunday against the use of unauthorized vehicle license plates with the FIFA World Cup Qatar 2022 logo, after it auctioned off dozens of number plates for hundreds of thousands of dollars.

The Abu Dhabi Global Market (ADGM) has invited public feedback on the proposed amendments to its commercial legislation. As part of ADGM’s ongoing enhancement of regulatory framework, its Registration Authority (RA) is proposing changes, including the introduction of a late filing fees framework. Rather than attracting a penalty, certain late...

Dubai has allotted some 18,013 e-trader licenses during the last five years, according to a government report.

The total number of factories that began actual production in Saudi Arabia reached 261 in March, with investments reaching $1.6 billion.

The Saudi Central Bank, or SAMA, has launched licenses for consumer microfinance operations in the Kingdom. This follows the bank’s announcement of the third license for a consumer microfinance company in the Kingdom, Sulfah. Microfinance targets individuals and small businesses, including self-employed people, who may otherwise lack access to banking...

BitOasis, a UAE-based Virtual Asset Service Provider (VASP), said on Wednesday it has received provisional approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to continue its business operations in Dubai. In the meantime, the company said it will undertake the process of applying for a license in accordance with the...

Cryptocurrency exchange platform Binance, one of the world's largest, said Tuesday it had been granted an operating license in Bahrain, its first in the Gulf. The Emirate this month also announced the adoption of a virtual assets law and the creation of a crypto asset regulatory authority.

Saudi Arabia will grant industrial licenses to facilities operating in the renewable energy sector and power plants in order to become a regional center in the field of electricity production.

Saudi Arabia's Ministry of Environment, Water and Agriculture (MEWA) has inaugurated the first Saudi farm exporting Murciano goats in Riyadh. Agriculture Agency represents MEWA and the farm was inaugurated in the presence of Ministry's Undersecretary for Agriculture Eng. Ahmed bin Saleh Al-Ayada. The livestock breeders received the license for the...

Companies holding the license will be able to work within a stimulating environment at the DIFC Innovation Hub.

Syrian authorities on Monday granted a rare license to a new telecommunications company that will start operating in nine months, the communications minister said.

Syrian authorities on Monday granted a rare license to a new telecommunications company that will start operating in nine months, the communications minister said.

The Emirate of Ras Al Khaima has given out 1,749 business licenses in 2021, a thirty-six percent jump over the previous year.

The Business Registration and Licensing (BRL) unit of Dubai’s Department of Economy and Tourism (DET) has issued 16,409 e-Trader licenses since its launch in March of 2017 till end of 2021. The BRL sector also reported that the total number of e-Trader licenses issued in 2021 reached 6,217, a six...

Sudan has revoked the license of Al Jazeera Mubasher, part of the Qatar-based network, accusing it of "unprofessional" TV coverage of anti-coup protests, the channel said Sunday. "The Sudanese authorities announce they revoked the accreditation of Al Jazeera Mubasher and barred its team from working in Sudan," tweeted the news...

In a bid to promote the growth of the tourism industry in Abu Dhabi, the emirate's Department of Culture and Tourism has set the annual tourism business license fee at AED 1,000. The department said in a statement the revised fee would be welcome news to existing license holders who...

The Dubai Airport Freezone (DAFZ) has launched the ‘Talent Pass’ license for freelance work (self-employment).

The economic licenses issued by the Department of Economic Development in Ajman (Ajman DED) during 2021 grew by 41 percent. Also, the number of establishments reached 27,913, and the Labor Resilience Index reached 17 percent. The efforts and initiatives launched by the Ajman DED during 2021 have resulted in a...

The UAE issued its first civil marriage license for a non-Muslim couple, state media reported Monday, as the Gulf country seeks to keep its edge over regional competitors. The United Arab Emirates -- where foreigners make up 90 percent of the approximately 10-million population -- has been amending its laws...

Dubai’s Department of Economy and Tourism (DET) has launched an online portal that provides a ‘One-Stop-Shop’ for timeshare operators to register and apply for permits and provide insights and guidance to customers and tourists. Local media reports said the Timeshare Portal supports the legal framework created by Dubai’s new Timeshare...

The Louvre Abu Dhabi's license has been extended by 10 years to 2047, the French presidency said Friday during a visit by Emmanuel Macron to the United Arab Emirates.

More than 55,000 new business licenses were issued during the first ten months of 2021 by the Business Registration and Licensing sector at Dubai’s Department of Economy and Tourism.

The license allows Abu Dhabi citizens, residents, and non-residents to conduct commercial activities from anywhere in the world.

Traders holding Dubai Economy's DED Trader license can digitalize their businesses by using SingleCart App and a complete line-up of the app's features to reach a larger number of consumers. Helping the traders in this is Dubai Economy's Business Registration & Licensing (BRL) sector, which has partnered with Golden Radiant...

This was more than double the target of 30 percent reduction in business setup procedures that the emirate had set earlier this year.

The virtual license covers 13 economic sectors on top of the strategic sectors targeted by the Abu Dhabi government to attract FDI.

Non-resident foreign investors can obtain a virtual license for doing business in Abu Dhabi from any location outside the UAE and without having to meet residence procedures. The Abu Dhabi Department of Economic Development (ADDED) made this announcement at the 41st session of the GITEX Global (Dubai 2021). Mohamed Ali...

Saudi Arabia has been flooded with license applications from investors at home and abroad to invest in its mining sector. The applications have been received on the portal of the kingdom’s Industry and Mineral Resources Ministry.

The regulation will look to limit the maximum number of cars non-Kuwaiti residents in the country can own.

Saudi Arabia will start giving out professional licenses from next year in order to improve the quality of its domestic labor. To begin with, sixteen professions will receive the mandatory license in a phased manner.

The reduced fee includes six activities within the business license and covers all fees for several government entities

Oman has launched the tendering process to choose a partner to build a container terminal at the Port of Duqm

Semnan Province, the administrative region to the east of Tehran, is home to the largest number of licensed facilities Iran approved cryptocurrency mining as a legal activity two years ago Iran has issued licenses to 30 cryptocurrency mining centers, the Financial Tribune revealed this week, quoting official figures published on...