Riyadh, Saudi Arabia -- Saudi Arabia is ramping up a crackdown on unregistered worshippers at next week's hajj pilgrimage, a year after hundreds perished in scorching conditions. Regular raids, drone surveillance and a barrage of text alerts are aimed at rooting out unauthorized visitors hoping to mingle among the crowds...
Abu Dhabi’s EWEC opens Q4 2023 Clean Energy Certificates auction
ABU DHABI, UAE - Emirates Water and Electricity Company (EWEC) on Monday announced that it will conduct its Q4 2023 auction for Clean Energy Certificates (CECs) here, with registration now open and the auction closing on December 14 2023. Introduced by the Abu Dhabi Department of Energy (DoE), CECs are...
RAKEZ witnesses 35 percent growth in holding company registrations
RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) reported a remarkable surge in the registration of holding companies since introducing this company structure in 2020. The consistent rise in registrations highlights the growing appeal of this innovative investment vehicle, as the total number of holding companies rose...
UAE crypto registration cost highest in GCC
The factors that influence the cost of registration include the type of business, the location of the business, and the regulatory requirements of the jurisdiction.
SCA to waive off registration fee for listing of green bonds, sukuk in local market
Abu Dhabi, UAE--The Securities and Commodities Authority (SCA) board of birectors has approved a proposal to exempt companies wishing to list their green or sustainability-linked bonds or sukuk in a local market from registration fees for the year 2023. The decision aims to highlight the actions taken by the UAE...
9% corporate tax takes effect in UAE from June 1
The move aims to foster compliance and business activity, with special exemptions for Free Zone transactions and small enterprises.Auto sales in Europe drop to a three-decade low in 2022
Paris, France--New vehicle registrations in Europe dropped to their lowest level since 1993 last year as component shortages continued to hinder automakers, an industry group reported Wednesday. Despite an uptick in sales since August, the overall number of EU registrations fell 4.6 percent to 9.3 million, a level last seen three...
Dubai issues 32,564 Instant Licenses since launch of initiative in Aug 2017
A total of 32,564 Instant Licenses have been issued by the Business Registration and Licensing (BRL) unit at the Department of Economy and Tourism (DET) in Dubai since the launch of the initiative in August 2017. While 59 percent of these licenses were professional, 41 percent were commercial. Instant licenses...
Dubai issues 24,662 new business licenses in Q1 2022
Dubai has issued 24,662 new business licenses in Q1 2022, a report by the Department of Economy and Tourism (DET) said. This marked a growth of 58 percent from Q1 2021, when 15,580 licenses were issued. DET Business Registration and Licensing (BRL) issued its first-quarter 2022 report on the business...
Micrsoft startups opens second round of GrowthX Accelerator Program
Microsoft for Startups Middle East Wednesday announced it has opened a second round of applications for Microsoft for Startups’ highly successful GrowthX Accelerator Programme and is accepting registrations for the next series of virtual conferences in the well-received Highway to 100 Unicorns virtual conference. The GrowthX Accelerator and Highway to...
Dubai issues 72,152 new business licenses in 2021, 59 percent professional
Dubai issued 72,152 new business licenses in 2021, a growth of 69 percent compared to 2020 when 42,729 licenses were issued. According to the official data, 59 percent of new business licenses issued in 2021 were professional and 41 percent were commercial. Bur Dubai accounted for the largest share (48,562)...Saudi Arabia to speed up real-estate title registration
The move is expected to raise the country’s ranking in relevant international indexes.HRW urges Lebanon to extend school registration deadline for Syrian kids
Lebanon's Education Ministry should extend the December 4, 2021, school registration deadline for Syrian children and end policies that are blocking Syrian refugee children’s access to education, Human Rights Watch said on Friday. Thousands of Syrian refugee children have been out of school, blocked by policies that require certified educational...
Ajman Chamber reduces membership registration fee by 50 percent
DUBAI: A 50 percent reduction in the membership registration fees in the Ajman Chamber of Commerce and Industry for new establishments licensed in free zones has been announced by Ajman crown prince Sheikh Ammar bin Humaid Al Nuaimi. The fee will be reduced only if the registration request is submitted...
Beneficial Owner data: Dubai Economy to fine violators
Beneficial Owner refers to individuals and entities that benefit from owning a registered business in UAE. Data required include  nationality, passport number
Saudi Arabia grants 30,000 commercial registrations to women this year alone
To receive a commercial registration, applicants must be at least 18 years old, not be a government employee Registrations were across a number of fields including wholesale trade, retail, motor vehicle Keeping up its drive to encourage more and more women to join the workforce in Saudi Arabia, the...
New business licenses record 19 percent growth
The Business Registration and Licensing (BRL) sector of Dubai Economy reports that 15,475 new licenses have been issued during the first quarter of 2021, a growth of 19 percent compared to Q1 2020, when 13,027 licenses were issued. This highlights the resilience of the business environment of Dubai and the...
