The city of Dubai is witnessing a great activity in the movement of economic licenses, as about 7418 new economic licenses were registered from the beginning of the year 2019 until April 15 this year, with a growth of 3% compared to December of 2018.
According to the Emirates News Agency, a report for the registration and commercial licensing sector in the Dubai Economy showed that the number of new licenses issued in January of this year amounted to 2046 licenses, an increase 20% compared to January 2018.
This brings the total cumulative number of licenses to approximately 260,998 licenses by the end of the first half of April.
The number of foreign company branch licenses increased from 2146 licenses to 2154 licenses.
The new licenses that were issued during the month of January were distributed over commercial licenses, which reached 64.5%, professional licenses increased by 33.7%, then tourist licenses 1.2%, and licenses Industrial 0.6%.
This growth is a digital documentary to increase the attractiveness of the investment environment and the ease of doing business in Dubai and the UAE in general, according to the records of international institutions.
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