A groundbreaking platform, hailed as the UAE's largest economic database, was unveiled on Monday, September 30. Spearheaded by the Ministry of Economy, the National Economic Register (Growth) platform provides a comprehensive and real-time updated portal for all commercial license information.
This innovative platform empowers investors and businesses to explore and investigate various economic activities, unlocking a wealth of commercial and investment prospects across diverse sectors in the UAE. Abdulla bin Touq Al Marri, Minister of Economy, emphasized that the Register is pivotal in streamlining government processes and delivering top-tier, efficient services, positioning the UAE as a global leader in government service delivery.
"This marks the nation's first digital initiative to offer the most extensive, unified, and trustworthy database, encompassing details on business licenses of all enterprises and companies across the seven emirates," stated Al Marri. The platform will furnish data on over 4,000 economic activities nationwide, spanning all seven emirates.
Through the 'Growth' platform, users can authenticate company and trademark details, conduct market trend analyses to foster business growth, and access precise statistics and reports to inform economic decisions and sector-specific policies. Additionally, the National Economic Register facilitates digital management of economic activities by government entities, leveraging advanced AI technologies.
"The 'Growth' platform is crafted to bolster the UAE's economic framework and deliver a genuinely beneficial data system for the private sector," concluded Al Marri.