Page 65 - SAMENA Trends - February-March 2021

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Ministry Adds New E-Services To “Invest Easy” Portal

A number of improvements and new e-services have been added
to the Invest Easy portal, according to the Ministry of Commerce,
Industry and Investment Promotion (MoCIIP). The new services
aim to facilitate the process of amending trade names by the
investor himself without a visit to the premises of MoCIIP, and any
suspension on the commercial registry could be lifted in order to
amend the concerned trade name. The first article of the Ministerial
Decision No (37/2021) stipulates the cancellation of Clause No.
(8) of Article (10) in the regulation for organizing the registration
of trade names “if it carries a meaning synonymous with the
business name of the establishment or combines or singles out
the name of the registered establishment.” The third article of the
decision stipulates that the decision shall be enforced from the
day following the date of its publication in the Official Gazette. These offices will be able to register trademarks through the Invest
Commenting on these improvements, Mubarak bin Mohammad Easy portal not requiring the attendance of the investor to the
Al-Dohani, Director-General of Commerce and Head of the Digital ministry’s premises or its affiliated directorates and departments
Transformation Team at MoCIIP, said that the ministry continues across the Sultanate. Mubarak Al-Dohani emphasized that among
to facilitate the process of starting new businesses by reducing the facilities provided by MoCIIP, which aims at the continuation
procedures in all transactions and cutting down the time to of work at all times in order to complete the investor transactions
complete investor transactions to commence their projects, as electronically, quickly, easily and conveniently, the ministry has
well as finding solutions to tackle the difficulties of investors. activated the electronic authentication feature via the phone
Accordingly, MoCIIP has started adding new amendments to chip for its employees associated with the Invest Easy portal.
a number of services provided by the portal of Invest Easy, Al- This accelerates the pace of completion of investor transactions
Dohani added. He pointed out that MoCIIP has launched a service electronically through the online portal, where the concerned
for registering trademarks electronically through self-service or employee can enter the portal through the phone or smart tablets
via Sanad offices. The registration of this service is also being and complete a number of transactions after official working
provided through "approved legal offices" via Invest Easy portal. hours or during holidays from anywhere efficiently and effectively.

Pakistan Eyes Launch Of 5G Services by December 2022

Federal Minister for Information was led by its Middle East Regional Head have set the target of December 2022
Technology Syed Aminul Haque said Charles Yang. The delegation lauded the for launching the 5G services in the
that Pakistan eyes launch of 5G network services of Aminul Haque in speeding up country,” he said. Charles Yang during
services in the country by December 2022, the digitalization process in the country. the meeting said that Huawei’s complete
ARY NEWS reported. The federal minister Haque said that they were working to focus was on the promotion and usage
said this while meeting a high-level ensure the provision of mobile and internet of 5G services in the entire region. It is
delegation of the Huawei company, which facilities in all parts of the country. “We pertinent to mention here that the First-
ever fastest 5G video call experiment
has been carried out successfully in
Pakistan in November 2020. Federal
Minister of IT and Telecommunication
Syed Aminul Haque using high-speed
internet made a 5G video call to Beijing
and enjoyed the best quality of video and
audio. The Inauguration ceremony of the
experimental 5G video call was held here
at Zong Headquarter Islamabad. While
speaking at the inauguration ceremony,
the federal minister said that he felt
extremely proud to witness the launch of
5G experimental service which in the future
would completely change the technology
landscape in Pakistan.

65 FEB-MAR 2021