UAE Launches National Economic Registry to Enhance Business Efficiency

The UAE Ministry of Economy has officially launched the National Economic Registry (NER) – Growth, a comprehensive and unified database designed to streamline business operations and provide critical information on enterprises and business licenses across the seven emirates. This innovative platform, announced on Tuesday, integrates procedures for establishing businesses and conducting economic activities, marking a significant advancement in the country’s government service offerings.

 

At the launch ceremony, Abdullah bin Touq Al Marri, UAE Minister of Economy, highlighted the importance of the NER in enhancing the country's sustainable digital infrastructure. "The ‘Growth’ platform is a landmark achievement in advancing the national economy," Al Marri stated. "It removes bureaucratic obstacles and delivers highly efficient services, positioning the UAE as a leader in government service provision worldwide."

 

The platform covers more than 2,000 economic activities across the UAE, offering proactive services to a wide range of users, including business owners, investors, decision-makers, and research centers. It allows users to access details about business licenses, explore investment opportunities, and analyze market trends, all supported by advanced AI technologies. The NER's integration with 46 entities across the UAE, using a unified economic number (ERN), further simplifies data exchange between federal and local government bodies, reducing the need for paperwork and supporting the country’s digital transformation agenda.

 

Aligned with the ‘We the UAE 2031’ vision, which seeks to enhance the UAE’s leadership in government services, the platform is expected to improve transparency in business performance and contribute to the nation’s global credit rating. It also adheres to the International Standard Classification System (ISIC4), ensuring alignment with global standards and promoting sustainable growth in key economic sectors.

 

The NER currently holds data on 1.5 million active and cancelled commercial licenses. The Ministry of Economy plans to further expand the platform by linking it with 100 federal and local entities, increasing the number of services offered to 500, and reducing service delivery times over the next two years. The platform’s development is based on various economic laws, including those governing commercial companies, the commercial register, and anti-money laundering.

 

Al Marri was joined at the launch by several prominent officials, including Alia bint Abdullah Al Mazrouei, Minister of State for Entrepreneurship, and representatives from 34 federal and local entities. The platform is set to play a pivotal role in supporting the UAE’s transition to a knowledge-based, innovation-driven economy, providing a critical resource for businesses and investors as they navigate the digital future.

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