Sharjah has made international headlines by launching the world’s first AI-powered trade licence issuance system, enabling entrepreneurs and investors to obtain a trade licence in just five minutes.
This groundbreaking initiative, announced at the Sharjah Investment Forum (SIF 2024), marks a significant milestone in AI technology applied to trade licensing, simplifying the business licence process in Sharjah.
Revolutionising Business Licensing with AI Technology
The AI system, developed in collaboration with Microsoft and Sharjah Publishing City Free Zone (SPC), aims to streamline bureaucratic procedures, reducing the approval time for business licences to an unprecedented speed.
Speaking at the event, Sheikh Abdullah Bin Salem Bin Sultan Al Qasimi, Deputy Ruler of Sharjah, praised the new technology as a transformative tool for business development in the emirate, stating that the Sharjah AI trade licence initiative will enhance the emirate’s global competitiveness.
A Glimpse into the Future of AI-Powered Licensing
Industry experts predict that this move will spark a new wave of investment in Sharjah, attracting entrepreneurs seeking efficiency in setting up businesses. The AI system promises to eliminate human error, offer 24/7 service availability, and enhance the overall user experience, further boosting investor confidence.
As Sharjah continues to adopt cutting-edge technology, what are your thoughts on the future of AI-powered licence issuance? Share your insights in the comments below!
