UAE to digitise procedures and reduce costs for industrial businesses – The National

  • Date: 15-Apr-2022
  • Source: The National
  • Sector:Industrial
  • Country:UAE
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UAE to digitise procedures and reduce costs for industrial businesses – The National

The UAE will streamline operations for businesses by providing digital services, simplifying procedures and reducing costs for investors and owners of industrial businesses, as part of a new partnership signed between the Ministry of Foreign Affairs and International Co-operation and the Ministry of Industry and Advanced Technology.

The partnership will focus on providing digitised authentication services for industrial businesses, serving as a boost to the overall investment climate in the country and attracting more and talent from around the world, MoFAIC said in a statement on Thursday.

MoFAIC will support the provision of authentication services to factories through the digital services platform of MoIAT, with fees for industrial investors to be further reviewed.