81 new business licences issued every day: DED H1 figures

FABIO FORMAGGIO / 123RF

Dubai's Department of Economic Development has released its 'Business Map'

New business licences were issued at the rate of 81 each day during the first half of 2019.

88 per cent of licences were issued to those new to owning a business.

12 per cent were issued to women and the top three nationalities issued new licences were Indians, Bangladeshis, Pakistanis.

Roughly half the licences were for commercial operations; 45 per cent professional services and the remainder in tourism and industrial sectors.

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • Starting up with Virtuzone

    10:00am - 11:00am

    Starting Up is back, with a fresh new edition in a brand-new timeslot every Tuesday from 10am-11am.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!