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Dubai issues 55,194 new business licences during first 10 months of 2021

DUBAI, 21st November, 2021 (WAM) — A recent report by the Business Registration and Licensing sector at Dubai’s Department of Economy and Tourism revealed that 55,194 new business licences were issued during the first 10 months of 2021, a growth of 69% compared to the same period in 2020, when 32,626 licenses were issued.

The positive growth figures underline Dubai’s reputation in providing high-growth opportunities in various economic sectors and the growing confidence in the economy.

According to the report, 59% of the new business licences issued were professional, and 41% were commercial. Bur Dubai accounted for the largest share (37,562) of new licences issued followed by Deira (17,572), and Hatta (60), while the top sub-regions during the first 10 months of 2021 were: Al Fahidi, Burj Khalifa, Port Saeed, Al Marrar, Trade Centre 1, Qubaisi, Al Barsha 1, Naif, Al…

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