Media ININ Economy We Trust
MEDIA IN-DUBAI, Oct 14
( The Commercial Registration and Licensing Sector (DED) in the Department of Economic Development (DED) issued 1.509 new licenses in September, an increase of 23.6% compared to the previous month of August, with 1.221 licenses. The business activity report issued by the sector showed that the total transactions executed during the month of September reached 22,113 transactions, an increase of 25% compared to the month of August, “17,710 transactions”. The number of instant licenses issued in one step without a location for the first year and exemption from the establishment contract for the same period was 94 licenses, an increase of 56.7% compared to the month of August, 60 licenses. The business plan database showed that the renewal transactions accounted for 11,072 transactions during the month of September, an increase of 22.1% compared to the month of August, “9,071 transactions”. 5.146 transactions of renewal of commercial licenses were automatically achieved by text messages, an increase of 20.5% In August “4.271 transaction”. The number of approvals was 1.969, a growth rate of 33.5% compared to the month of August (1.475), and the number of trade permits reached 1.614, a growth rate of 19.8% compared to the month of August. 1.347 “. The outsourcing centers offering registration and licensing services in various regions of Dubai showed strong performance in September 2018 after completing 14,694 transactions out of total transactions completed in September 2018 with a growth rate of 19.8% compared to the month of August “12,262” which shows the vital role of outsourcing centers in Providing value-added services to the public from Dubai’s economic customers. These figures, published by the Business Map, confirm Dubai’s economic keenness to apply best practices in the ease of doing business and thus its vital role in raising the satisfaction and happiness of the customers and overcoming the challenges for investors and businessmen from the commercial licensees in the Emirate of Dubai and the UAE. In general, which reinforces Dubai’s position as an ideal business center and headquarters for international companies.
