More than 11 thousand business licenses in Dubai in a month

Dubai's Ministry of Economic Development recorded record results in transactions completed in June 2018, From the business registration and licensing sector.

According to the report, the sector has recorded more than 1,800 transactions completed and 1,185 new commercial licenses over the period. The results of the Business Map platform reflect the sustainability of companies and the competitiveness of companies in the emirate . This confirms its ability to attract companies in various business sectors in the Emirate of Dubai.

The Dubai economy, through its business platform, seeks to highlight the economic climate of Dubai. The map reflects the economic activity of Dubai and the main indicators of the economy. Business start-up in June 2018. The level of recovery of new licenses, Investors and business people are optimistic about expansionary spending policies and the improvement of the pace of business. Dubai economy.

The Dubai Business Plan provides a monthly visualization of each category of licenses and business trends. The Business Traffic Report includes detailed data reflecting the reality of business in Dubai and provides accurate data on the number of new licenses and their distribution to sectors and other important data.

Business card data showed that renewal transactions represented approximately 1,104 transactions, with initial approvals in the business registration and licensing sector reaching 1,579 in June 2018; the process of registration of trade names increased to 2,372. On the other hand, the commercial licensing procedures reached 919. In the automatic renewal, there was a qualitative leap, with 5314 transactions, then instant licenses with 52 procedures, and electronic transactions with 74 procedures.

Transactions in outsourcing centers accounted for 1,568 transactions, representing 48.2% of total transactions and 63.3% for electronic services.

This step was reflected positively by the decrease in the average time of completion of the transaction: the customer's trip until the completion of the transaction for June 2018 reached 10 minutes. Reflecting the role of outsourcing in improving the efficiency and effectiveness of services and providing additional channels to complete licensing procedures and commercial registration in Dubai .

The results of the business move in June 2018 indicate the continuity of the Dubai economy in obtaining unique results at different levels, distributed as follows: Commercial Licenses with 61.9% , Professional licenses 35.6%, Industrial licenses 1.4% Tourism licenses accounted for 1.1% of market share. The report highlights the distribution of new licenses between major Dubai regions in June 2018. The largest share was in Bur Dubai with 558 licenses, the Deira area with 538 licenses, Dubai with 87 new licenses and the latter with two licenses.
The number of new licenses for the top ten sub-regions was 51.8% of all regions of the Emirate of Dubai, with the following figures: Khalifa Tower 11.4%, New Dubai 7.2%, Passenger 5.6%, Port Said 4.7%, Naif 4.6%, First Mall 3.7%, Hor Al Anz 3.5%, Al Rakah 3.2%, Al Garhoud 2.5% and Al Morqabat 2.4%.

According to the distribution of economic activities, the distribution of investments in the Dubai Emirate business communities was observed in all activities and vital sectors, which confirms that the economic activity of the emirate of Dubai has been observed in all activities and vital sectors, confirming that Emirate of Dubai has reached advanced stages of sustainable development.
The construction and construction activity is 14.6%, the social and personal services business of 12.7%, the hotel group 7.5%, the transportation, storage and communications sector 3.7 %, Manufacturing 3.6%, Financial Brokerage 2.9%, Health and Labor 1.5%, Education 0.9%, Agriculture 0.5%, Mining and Exploitation of Natural Wealth 0 , 3%.

The report shows that the first 7 nationalities in June 2018 were: India in the lead, followed by Pakistan in second, then Egypt in third, followed by China and Great Britain. Brittany, followed by Saudi Arabia, then Jordan. , Lebanon and the Philippines.