Page 901 - MOE ENGLISH PR REPORT - OCTOBER 2024

Ministry of Economy launches National Economic

Registry

October 01, 2024 / 7:42 PM

Sharjah 24 – WAM: The Ministry of Economy has announced the launch of the National Economic
Registry "Nomu," designed to create a comprehensive database for businesses and companies
across the seven emirates. This initiative aims to streamline the procedures and requirements for
establishing businesses and conducting economic activities through a unified national portal.

His Excellency Abdullah bin Touq Al Marri, Minister of Economy, stated that the "Nomu" platform
offers proactive services and reliable information to a broad audience, including decision-makers,
businesspeople, investors, entrepreneurs, research centers, and the media. A key feature of the
platform is the ability to access data on any commercial license in the country, as well as
information on over 2,000 economic activities available across the emirates and investment
opportunities in various sectors.

Al Marri highlighted that the National Economic Registry connects more than 46 entities nationwide
and includes the Unified Economic Number (ERN), a federal identifier for establishments and
companies. This number facilitates the exchange of information between federal and local
government bodies and licensing authorities.

The National Economic Registry is expected to play a crucial role in showcasing the UAE's new
economic model focused on innovation and knowledge. It aims to solidify the country's position as
a global hub for the new economy over the next decade by providing opportunities and resources to

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