Dubai Economy issues 42,640 new licenses in 2020 Filed on January 12, 2021
Dubai Economy issued 42,640 new licences last year as against 40,891 new licences issued in 2019.
Dubai announced five stimulus packages to help Covid-affected businesses.
Dubai Economy on Tuesday announced that it registered a four per cent growth in new licences last year despite the Covid-19 pandemic and slowdown in the global economy.
Dubai’s Department of Economic Development, or Dubai Economy, said that it issued 42,640 new licences last year as against 40,891 new licences issued in 2019. It also recorded 15 per cent surge in licence renewals last year and said latest data reflects the resilience of the national economy.
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Police in Dubai seized more than 400,000 counterfeit face masks in 2020 as opportunistic fraudsters sought to cash in on the Covid-19 pandemic.
Officers said the public health crisis prompted a new wave of crime, as offenders pinpointed an unprecedented demand for protective wear.
Three Asian men were arrested after storing the huge haul of masks, along with 25,000 gloves, at three villas in the emirate to be sold on WhatsApp.
“This was a new criminal trend brought on by the Covid-19 pandemic which Dubai police was capable of detecting and foiling,” said Brigadier Jamal Salem Al Jallaf, director of the Criminal Investigation Department at Dubai Police.
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