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The Department of Economy and Tourism (DET) in Dubai said in a new report that 24,662 new business licenses were issued in Q1 2022, a growth of 58% from Q1 2021, when 15,580 licences were issued.
Dubai issued 72,152 new business licences in 2021, a growth of 69 % compared to 2020 when 42,729 licenses were issued, reaffirming Dubai’s position as a global business and investment hub, a report said.
A total of 59 per cent of these were professional licences, while 41 per cent were commercial.
Dubai issued 72,152 new business licences in 2021, a growth of 69 % compared to 2020 when 42,729 licenses were issued, reaffirming Dubai’s position as a global business
DUBAI, 18th January, 2022 (WAM) -- Dubai issued 72,152 new business licences in 2021, a growth of 69 % compared to 2020 when 42,729 licenses were issued, reaffirming Dubai’s position as a global business and investment hub and reinforcing its status as a successful model for the recovery of the business sector. The latest data released by the Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET) underlines the quantum leap Dubai has made in creating a business environment that...