2,394 new Licenses issued by Dubai DED in June

The Dubai labor market  has recently witnessed the creation of 7,598 jobs with the issuance of new licenses. 2,394 new licenses have been issued in June 2019 by the DED (Dept. of Economic Development) to carry out various professional, tourism, industrial and commercial activities.

As per DED’s BRL (Business Regn. & Licensing) Divn., professional accounted to 58.5% of new licenses; commercial with 38.9%, tourism with 1.9% and 0.7% with industry. Combined together, they managed to create about 7,598 jobs in Dubai’s labor market.

DED’s ‘Business Map’ digital platform whose objective is to reflect Dubai’s economic realities by offering crucial data on every license segment including their monthly distribution and numbers, witnessed completion of licensing transactions and business registration amounting to 22,759.

DED’s outsourced service centers accounted for about 191912 transactions, which is 87% of total, thereby demonstrating crucial role played to provide Dubai public with value added services.

According to reports, June 2019 saw 10,417 license renewals, including 51.2% (5,335 transactions) associated with text message based Auto Renewal.

June 2019 transactions displayed Trade Name Reservation accounting for 3,593 transactions with Initial Approval numbers reaching 2,905.

The Total Commercial Permit number in June 2019 had reached about 906.

News source dubaided.gov.ae

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Originally posted 2021-09-29 09:14:43.