To improve financial stability of company, one needs to have its own working capital. One of the ways to increase own working capital is to increase the authorized capital, and, the first thing that does is strengthen company’s financial independence.
Today, we have the pleasure to announce uSky Transport FZE has received MOA Certificate from Sharjah Research, Technology and Innovation Park, our Authority, with a solid increase in paid-in authorized capital to AED 47 million, thus confirming uSky Transport to be a well-established and wealthy company not only in Sharjah, but throughout the UAE.
uSky Transport would like to express special gratitude to Mr. Nishad Habeeb, Associate Manager – Registration & Licensing, Sharjah Research, Technology and Innovation Park, for comprehensive support and first-class service in this important matter.
The increase in authorized capital is a crucial step towards further successful advance of uSky Transport. Thus, our company demonstrates reliability and dedication to its work and obligations. This step will put new heart into our project and its progress. And today we say with confidence that 47 million is not the limit!