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Business Bay Has 17,893 Operating Companies To Date, Says Dubai Economy #Dubai

Business Bay Has 17,893 Operating Companies To Date, Says Dubai Economy #Dubai
dubaicityguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dubaicityguide.com Daily Mail and Mail on Sunday newspapers.

Dubai Economy issues 4,796 new licenses in February

Dubai Economy issues 4,796 new licenses in February Muzaffar Rizvi/Dubai Dubai Economy issued 9,363 new licences this year so far. File photo Latest data reflect Dubai’s resilience as well as the emirate’s economic competitiveness, including its ability to provide businesses high-growth opportunities in various economic sectors Dubai Economy on Wednesday said it registered a 3.4 per cent year-on-year growth in new licences in February as investors pose trust in the emirate’s consistent policies and conducive environment for the businesses. The Business Registration and Licensing (BRL) sector in Dubai Economy issued 4,796 new licences in February 2021 compared to 4,639 issued in February 2020.

Dubai Economy issues 9 per cent more licences during January

Dubai Economy issues 9 per cent more licences during January 07 Feb 2021 Picture used for illustrative purpose. File The Business Registration and Licensing (BRL) sector of Dubai Economy issued 4,567 new licences in January 2021, an increase of 9 per cent from the 4,172 new licences issued in January 2020. Among the new licenses issued in January 2021, 58 per cent were professional, followed by 40 per cent commercial, and the rest were distributed among tourism and industrial activities. According to the main areas, Deira accounted for the largest share (2,425) of the new licenses followed by Bur Dubai (2,135), and Hatta (7). The figures reflect Dubai’s resilience as well as the emirate’s economic competitiveness, including its ability to provide businesses high-growth opportunities in various economic sectors.

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