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الشرق
Commerce Ministry Begins Second Phase of Company Updates
The Ministry of Commerce and Industry has launched the second phase of updating registered commercial activities, aiming to align activities with the standards of the Gulf Cooperation Council, improve classification accuracy, and enhance transparency. This is intended to facilitate procedures and reduce overlaps between activities. The phase includes companies whose current activities correspond to multiple activities according to the Unified Guide for Economic Activity Classification. This effort complements previous initiatives to update commercial activities following the first phase, which was launched in June 2026.
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