Arab Today, arab today ded sees 174 rise in licenses as dubai attracts more businesses
Last Updated : GMT 06:58:51
Arab Today, arab today
Arab Today, arab today

DED sees 17.4% rise in licenses as Dubai attracts more businesses

Arab Today, arab today

Arab Today, arab today DED sees 17.4% rise in licenses as Dubai attracts more businesses

The Department of Economic Development
Dubai - WAM

The Department of Economic Development, DED, in Dubai issued 22,691 business licenses in 2015, an increase of 17.4 percent compared to the total number of licenses issued in 2014 and a clear indication that Dubai remains an attractive destination for companies and investors due to robust economic activity prevailing in key economic sectors in the emirate. The latest achievement also rounds up a 75 percent increase in new licenses between 2010 and 2015, at an annual average of 15 percent.

A total of 17,131 Commercial Licenses were issued in 2015, up 16.3 percent, while there was an increase of 9.2 percent in the number of Tourism Licenses (250) and 8 percent in the number of Professional Licenses (5,015). The Industrial sector also saw a 10.5 percent increase in licenses issued, rounding up another year of growth for all key sectors in Dubai.

Commercial Licenses accounted for 75.5 percent of the total licenses issued in 2015 while Professional Licenses had a share of 22.1 percent, followed by Industrial (1.3 percent) and Tourism (1.1 percent) licenses.

Omar Bushahab, Chief Executive Officer of Business Registration and Licensing (BRL) sector in DED commented, "The increased number of licenses issued in 2015 reflects the continued growth in vital economic sectors in Dubai as well as improved confidence among investors and businessmen about doing business in Dubai. It also proves Dubai has evolved to guarantee sustainable growth for businesses and retain its position as a competitive business hub."

Bushahab added that DED's strategy to offer its BRL services across an increasing number of channels, including service centres, have yielded remarkable results. "Notably, the number of transactions completed grew 14.4 percent from 2014 and reached 315,810 in 2015, which is another evidence of the significance of Dubai as a business and commercial hub for the world."

Bushahab also mentioned that DED has launched varied initiatives to remove obstacles for businesses and align its services with the best in the world to help Dubai meet its objective of being the best business environment and attract investors within and beyond the emirate. He added that year after year, Dubai is moving to new levels in terms of sustainable development, owing largely to the added value the city provides to businesses and its strategic role in strengthening partnerships with the business community.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ded sees 174 rise in licenses as dubai attracts more businesses Arab Today, arab today ded sees 174 rise in licenses as dubai attracts more businesses

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ded sees 174 rise in licenses as dubai attracts more businesses Arab Today, arab today ded sees 174 rise in licenses as dubai attracts more businesses

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday