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AL WASEET LEGAL CONSULTANCY & SERVICES

Po Box 42747
Dubai
United Arab Emirates
+971(4)2955565
+971(4)2955575
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Business Activities

Marketing Management
Newspaper

Industry Classifications - NAICS

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Detailed Description of Industry Classifications

Newspaper Publishers

NAICS #51111 | This industry comprises establishments known as newspaper publishers. Establishments in this industry carry out operations necessary for producing and distributing newspapers, including gathering news; writing news columns, feature stories, and editorials; and selling and preparing advertisements. These establishments may publish newspapers in print or electronic form. Establishments publishing newspapers exclusively on the Internet are classified in Industry 516110, Internet Publishing and Broadcasting; Establishments primarily engaged in printing newspapers without publishing are classified in Industry 323110, Printing; Establishments, such as trade associations, schools and universities, and social welfare organizations that publish newsletters for distribution to their membership, but that are not commonly known as newspaper publishers, are classified according to their primary activity designation; Establishments primarily engaged in supplying the news media with information, such as news, reports, and pictures, are classified in Industry 519110, News Syndicates; and Establishments of independent representatives primarily engaged in selling advertising space are classified in Industry 541840, Media Representatives.

Portfolio Management

NAICS #52392 | This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis. Establishments in this industry have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio. Establishments primarily engaged in investment banking and securities dealing, securities brokering, commodity contracts dealing, or commodity contracts brokering are classified in Industry Group 5231, Securities and Commodity Contracts Intermediation and Brokerage.

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