Simplified Business Moves for Al Reem Island Firms

  • Date: 29-Mar-2024
  • Source: Arabian Post
  • Sector:Real Estate
  • Country:UAE
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Simplified Business Moves for Al Reem Island Firms

The Ministry of Human Resources and Emiratisation (MoHRE) and Abu Dhabi Global Market (ADGM) have joined forces to simplify the process for companies on Al Reem Island seeking to transfer their work permits and licenses. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to enhance the business environment in Abu Dhabi’s capital. Khalil Al Khoori, MoHRE’s Under-Secretary for Human Resources Affairs, emphasized the MoU’s significance […]

via Simplified Business Moves for Al Reem Island Firms

The Ministry of Human Resources and Emiratisation (MoHRE) and Abu Dhabi Global Market (ADGM) have joined forces to simplify the process for companies on Al Reem Island seeking to transfer their work permits and licenses. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to enhance the business environment in Abu Dhabi’s capital.

Khalil Al Khoori, MoHRE’s Under-Secretary for Human Resources Affairs, emphasized the MoU’s significance in facilitating a smooth transition for Al Reem Island companies to ADGM. He highlighted the benefits of ADGM’s comprehensive and advanced ecosystem, designed to empower businesses.

This initiative aligns with MoHRE’s ongoing efforts to streamline procedures and boost the UAE’s labor market competitiveness. The streamlined transfer process is expected to expedite business operations and reduce administrative burdens for companies seeking