Dubai Department of Economic Development issued 4,459 new licenses during February 2020, as these licenses added 11,877 jobs to the labor market.
According to the Emirates News Agency, the business movement report issued by the department of registration and commercial licensing in the department showed that the licenses were distributed among several activities, the foremost of which were professional activities at 72.4%, commercial 26.1%, tourism 1.1% and finally industrial 0.4%.
The report highlighted the distribution of these licenses according to the main regions in the Emirate of Dubai, and the lion's share of the Deira region was a total of 2,573 licenses, and then the Bur Dubai area with a total of 1,883 licenses, and the Hatta region by 3 new commercial licenses.
These figures issued by the business map, the digital information platform of Dubai’s economy, confirm the continuation of the ambitious development process of Dubai’s economy towards excellence, and establish the emirate’s position as a center of finance and business at the level of the region and the world.
The report pointed out that the total number of completed registration and commercial licensing transactions during the month of February 2020 reached 32,740 transactions, while the total transactions completed through outsourcing centers located in various regions in Dubai amounted to 24,546 transactions, or 75% of the total transactions / 32,740 /, the matter Which shows the vital role of these centers in providing distinguished services to the public, and reflects the efforts made by Dubai Economy to provide value-added services to customers to facilitate the conduct of business and commercial activities.
The most prominent nationalities invested during February 2020 included businessmen from Britain, Saudi Arabia, Egypt, Jordan, India, Pakistan, Afghanistan, Sudan, and the Philippines.
The figures confirm Dubai’s economic continuity in supporting and promoting the ambitious development process of Dubai’s economy towards excellence, and establishing the emirate’s position on the economic map as a center of finance and business at the level of the region and the world. It also strengthens cooperation with the private sector as an active partner of the government sector, with its influential role in supporting the march Economic development and achieving the ambitious vision of the Emirates in various fields in general and the Emirate of Dubai in particular.
The total renewal transactions reached 12,568 transactions during February 2020, while the total transactions for renewing commercial licenses automatically through text messages reached 6,224 transactions, which constitutes 50% of the total renewal transactions, which confirms the sustainability and competitiveness of businesses in the Emirate of Dubai. < / p>
The process of reserving commercial names reached 5,770 procedures, and the number of initial approvals 4,810 procedures, while the total number of commercial licenses in February 2020 reached 1,494 permits, which confirms Dubai's attractiveness to those wishing to engage in commercial activities on the one hand, as well as increasing business confidence in the durability of the economy Local.
The report showed that the number of instant licenses, winning the banner of the Hamad Program ...
