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NASA unveils new telescope prototype for gravitational wave detection
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Boeing-made satellite breaks apart in space
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Marantz debuts its speakers with sleek design and high-end sound
19:29
NASA unveils new telescope prototype for gravitational wave detection
12:15
Boeing-made satellite breaks apart in space
12:02
WhatsApp introduces in-app contact management system
12:02
Microsoft and OpenAI give $10 million to news outlets for AI integration
20:59
Scientists propose cooling Earth with $200 trillion worth of diamond dust
20:32
Marantz debuts its speakers with sleek design and high-end sound
19:29
NASA unveils new telescope prototype for gravitational wave detection
12:15
Boeing-made satellite breaks apart in space
12:02
WhatsApp introduces in-app contact management system
12:02
Microsoft and OpenAI give $10 million to news outlets for AI integration
20:59
Scientists propose cooling Earth with $200 trillion worth of diamond dust
20:32
Marantz debuts its speakers with sleek design and high-end sound
19:29
NASA unveils new telescope prototype for gravitational wave detection
12:15
Boeing-made satellite breaks apart in space
12:02
WhatsApp introduces in-app contact management system
12:02
Microsoft and OpenAI give $10 million to news outlets for AI integration
20:59
Scientists propose cooling Earth with $200 trillion worth of diamond dust
The Abu Dhabi Business Centre (ADBC), which is part of the emirate of Abu Dhabi Department of Economic Development announced it was granting a 1-year lease exemption for businesses in 1,200 economic activities.
What is a Lease Agreement?
A lease agreement is mandatory for businesses to get their economic licenses in the UAE. A new exemption gives them “more time to focus on the business and eventually select the best location,” state news agency WAM has reported.
By the end of 2021, there were around 4,060 economic activities that are licensed and regulated by the Abu Dhabi Department of Economic Development (ADDED). In recent months several other initiatives to promote ease of doing business have been launched. These initiatives included slashing business set-up and renewal fees by over 94 percent, reducing over 71 percent in business set-up requirements.
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