Turkish president says the move is also aimed at increasing the amount of humanitarian aid entering Gaza
mena4 hours ago
More than 120 new economic activities have been added to Abu Dhabi’s trader licence which supports the small and medium-sized enterprises (MSMEs).
The Abu Dhabi Business Centre (ADBC), part of the Abu Dhabi Department of Economic Development (ADDED), on Thursday announced the addition of the new economic activities to ‘Tajer Abu Dhabi’ (Abu Dhabi Trader) licence, which allows micro, MSMEs to obtain the trade licence without the need to work from a physical location or having to pay rent on commercial space for three years.
With the new 126 activities added, the total number of activities under the category rose from 30 to 1200 since its launch back in 2017.
By this, the activities under ‘Tajer Abu Dhabi’ represent 29.5 per cent of the total economic activities licensed and regulated by ADDED, which currently stand at 4062 activities as of end of last year (2021).
Following the first three years, ‘Tajer Abu Dhabi’ holders are required to have physical work premises as per the rules regulating their businesses and get necessary approvals.
Mohammed Munif Al Mansouri, Executive Director of ADBC said: “In the past period, we noticed an increase in the number of ‘Tajer Abu Dhabi’ applicants. 7,106 new licenses were issued under this category representing 27.9% of new economic licenses issued in the Emirate last year. ‘Tajer Abu Dhabi’ new licenses issued in 2021, alone, represented nearly 50% of all licenses issued under it, since the launch in 2017 indicating a positive response from entrepreneurs towards ADDED’s initiatives of expanding commercial activities”.
Turkish president says the move is also aimed at increasing the amount of humanitarian aid entering Gaza
mena4 hours ago
In another case at the same airport, officials apprehended five foreign nationals who tried to smuggle gold worth Rs.24.4 million
asia5 hours ago
More than 2,000 pro-Palestinian protesters arrested in the past two weeks across the US
americas5 hours ago
Fireballs and Smash tied for the lead in the team event at the $25 million 54 hole tournament
sports5 hours ago
The hosts strengthened their chances of securing a slot in the semifinals with a 70-run victory in Abu Dhabi
sports6 hours ago
The group has a presence in five countries and eyes further geographic expansion, especially in India
markets6 hours ago
The severity of the situation gradually eased from Thursday evening, when it receded in the north and east of the country
weather7 hours ago
Cyclone Hidaya is predicted to cause torrential rain, strong winds and powerful and dangerous waves in the flood-ravaged country
africa7 hours ago