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Dubai Economy records 63% rise in trader licenses

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Dubai SME supports entrepreneurs secure competitive legal services

The Hamdan Innovation Incubator (HI2) in Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has signed a Memorandum of Understanding (MoU) ....

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Dubai SME launches incubation centre for creative entrepreneurs

Dubai SME launches incubation centre for creative entrepreneurs
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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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Dubai Economy records 132% increase in DED Trader licences

Dubai Economy records 132% increase in DED Trader licences
17 Jan 2021
Dubai Economy issued 9,949 DED trader licences since March 2017 till end of 2020.
The DED Trader licence, launched by the Business Registration & Licensing (BRL) sector of Dubai Economy (DED) to license freelancers at their place of residence in Dubai and enable start-ups to conduct business activities online and across social networking accounts, has seen overwhelming response with 9,949 licences issued since its launch in 2017 till end of 2020. Of these, 57 per cent have been issued to women (5,704).
This reflects Dubai Economy’s focus on promoting e-commerce and the competitiveness of Dubai’s economy, as well as its commitment to realising the vision of the government to drive digital transformation and build awareness about e-platforms that facilitate commercial activities. ....

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