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UAE Launches National Economic Registry with 1.5 Million Business Licenses

UAE Launches National Economic Registry with 1.5 Million Business Licenses

UAE Launches National Economic Registry with 1.5 Million Business Licenses

The UAE has officially launched its National Economic Registry (NER), a digital platform designed to streamline and enhance business activities across the nation. This registry, called “Growth”, lists 1.5 million active and canceled business licenses from companies and enterprises in all seven Emirates.

What is the National Economic Registry?

The NER is a centralized database that holds detailed information on businesses in the UAE. It provides a unified, reliable source of information on 2,000+ economic activities. The platform connects 46 federal and local government entities, allowing business owners, investors, and decision-makers to access critical business data quickly.

Key Benefits of the NER

  • Simplified Processes: The platform eliminates complicated paperwork, making business registration and economic activity management easier.
  • AI-Driven Insights: Businesses and researchers can use the platform’s AI tools to study market trends, find investment opportunities, and prepare economic reports.
  • Enhanced Transparency: The database helps improve the transparency of business performance in the UAE and supports its global credit rating.

Digital Transformation of UAE’s Economy

Abdullah bin Touq Al Marri, UAE Minister of Economy, emphasized that the NER is part of the UAE’s drive toward digital transformation. It aims to boost the country’s sustainable digital readiness and make government services more competitive globally.

He stated that the NER supports the “We the UAE 2031” vision, aiming to place the UAE at the forefront of global government service provision.

Future Expansion Plans

The UAE Ministry of Economy plans to expand the NER by linking it to 100 federal and local entities and adding 500 new services over the next two years. These efforts aim to further reduce service delivery times and enhance business growth across the country.

Conclusion

The National Economic Registry is a vital part of the UAE’s new economic model, focusing on innovation and knowledge-based growth. With its user-friendly digital platform, the UAE is well-positioned to attract more investors, ease business operations, and stay competitive in the global market.

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