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Dubai issues 15,475 new licenses during Q1; up 19%

Dubai issues 15,475 new licenses during Q1; up 19% DUBAI, 5 hours, 9 minutes ago The Business Registration & Licensing (BRL) sector of Dubai Economy reports that 15,475 new licenses have been issued during the first quarter of 2021, a growth of 19 percent compared to Q1 2020, when 13,027 licences were issued. Of the new licenses issued in Q1 2021, 58 percent were professional (8,935), followed by 41 percent commercial activities (6,290), and the rest distributed among the tourism and industrial activities, reported state news agency Wam. In terms of distribution of the new licenses according to location, Bur Dubai accounts for the largest share (8,220), followed by Deira (7,236), and Hatta (19). The top sub-regions were: Al Fahidi, Burj Khalifa, Al Khabaisi, Port Saeed, Trade Centre 1, Al Marar, Al Barsha 1, Naif, and Riggat Al Buteen.

Investors repose trust in Dubai economy as new licences surge 19% in Q1

Investors repose trust in Dubai economy as new licences surge 19% in Q1 muzaffarrizvi@khaleejtimes.com Filed on May 24, 2021 Of the new licenses issued in the first quarter of 2021, 58 per cent were professional (8,935), followed by 41 per cent commercial activities (6,290), and the rest distributed among the tourism and industrial activities. File photo Dubai Economy issues 15,475 new licenses during Q1 2021, a growth of 19% over Q1 2020; The number of business registration and licensing transactions reached 99,887; Licence renewal transactions increased by 4% and auto renewal transactions by 16% Dubai has once again proved its economic resilience by regaining trust of investors as it recorded 19 per cent year-on-year growth in new trade licences during the first quarter of 2021, latest data shows.

Dubai records Dhs92b worth of realty transactions

Dubai records Dhs92b worth of realty transactions 2 hours ago Inayat-ur-Rahman, Gulf Today Dubai property sector is on a solid growth track and marching ahead despite the COVID-19 challenges. The City of Wonders has registered 25,455 real estate transactions worth Dhs92 billion from January - April 2021, thus achieving an increase of 51 per cent in terms of the number of transactions and 72 percent in terms of their value compared to the same period in 2020. According to the real estate bulletin issued by Dubai Land Department (DLD) under the name ‘Real Estate Updates,’ the real estate sector showed robustness and an ability to adapt to various circumstances and developments.

Dubai s new business licenses total healthy 15,475 in Q1-21

Dubai s new business licenses total healthy 15,475 in Q1-21
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

Emirates News Agency - Dubai Economy issues 15,475 new licences in Q1 2021

Emirates News Agency - Dubai Economy issues 15,475 new licences in Q1 2021
wam.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wam.ae Daily Mail and Mail on Sunday newspapers.

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