Dubai DED: 3,818 licences issued, 10,821 jobs created in Nov 2019
DED’s Business Registration & Licencing sector revelaed that 70.4% of the new licences were issued for professional activities
Dubai’s Department of Economic Development (DED) revealed that it has issued 3,818 new licences for a number of professional, commercial, industrial, and tourism activities in November 2019, which has resulted in the creation of 10,281 jobs in the emirate.
According to the DED’s Business Registration and Licencing (BRL) sector, 70.4% of the new licences were issued for professional activities followed by 27.7% for commercial, 1.5% for tourism, and 0.4% for industrial activities.
Dubai’s Bur Dubai area accounted for the lion’s share in terms of issued licences accounting to 2,214, followed by Deira with 1,599, and Hatta with 5 licences.
The DED’s Business Map digital platform that showcases the economic realities in Dubai by providing vital data on each licence category, including their numbers and distribution on a monthly basis, recorded completion of 28,919 business registration and licencing transactions in the month of November.
In November, 4,996 transaction were carried out under the trade name reservations category, while the number of initial approvals reached 4,224 followed by total number of commercial permits that hit 1,371.
The BRL sector also issued 270 instant licences, while the number of DED trader licences that allows conducting business activities on websites and social media channels reached 293 in the same period.
Bangladesh topped the list of top nationalities that secured licences in November 2019, followed by India, Pakistan, Egypt, Britain, Jordan, China, Saudi Arabia, Sudan, and Afghanistan.