Dubai Economic Community issues 2,559 new licenses in March

09-04-2019 Media in\ Dubai
The total number of new licenses issued during the month of March 2019 reached 2459 licenses, an increase of 35.4 percent over the same period last year. In March 2018 total / 1816 / while the new licenses contributed to adding / 9661 / jobs to the labor market. These licenses were divided into several activities, namely 58% business and professional 39.3%, tourism 1.9% and industrial 0.8%.
These figures, published by the Dubai Business Information Center, confirm that nearly 79 new licenses were issued every day in Dubai in March, reinforcing the continued development of Dubai’s economy towards excellence and strengthening the emirate’s status as a financial and business center. Regionally and globally.
The total number of commercial registration and licensing transactions completed during the month of March 2019 reached 27531 transactions, an increase of 4.9% compared to the same period of 2018, which reached 26257 transactions.
The renewal transactions amounted to (13112) transactions during March 2019, an increase of 3.5% compared to the number of transactions in March 2018 which amounted to (12671) transactions, and 6125 transactions were automatically completed by SMS 46.7% Of the total renewal transactions.
The total number of commercial permits was 3651, an increase of 11.4 percent compared to March 2008, while the number of approvals reached 2921. The number of commercial permits reached 1677, whether for promotions, discounts or exhibitions. The number of instant licenses issued in one step without a location for the first year and an exemption from the establishment contract for the same period / 190 / license, and the license of the merchant from 179 / license in March 2018 to 226 / license in March 2019 by 26.3%.
The outsourcing centers in different regions in Dubai (17770) handled 64.5 percent of the total transactions of 27531 in March 2019. This shows the vital role of outsourcing centers in providing value added services to the public from Dubai’s economic customers.
For the distribution of new licenses according to nationalities, India ranked first, followed by Pakistan, Bangladesh, Egypt, China, Jordan, Philippines, Saudi Arabia, Lebanon, Canada and France.
The report highlighted the distribution of new licenses in March 2019 according to the main regions of Dubai Emirate, where Bur Dubai has the largest percentage (1368 / license), Deira / 1088 / license area and Hatta region with three new commercial licenses. The distribution of new licenses to the top ten sub-regions, which accounted for 59.8 percent of all regions, with Burj Khalifa being the first with 19.9 percent, Port Said (7.1 percent), Khabisi (6.4 percent) and the First Commercial Center (5.3 percent). Al-Barsha (4.5 percent), Al-Marar (4.2 percent), Umm Al-Ramoul (3.6 percent), and Naif (3.4 percent). For one hundred and / Garhoud /2.8 percent and / Muraqqabat /2.6 percent /.
According to the distribution of economic activity of the new licenses during the same period, the activity of “Trade and repair services” accounted for 31.3% of the share of activities followed by the activity of “real estate, leasing and business services” by 27.7%, “construction” by 14.1%, “community and personal services” “Hotels Group” by 5.5%, “Transport, Storage and Communications” by 4.5%, “Manufacturing” by 2.3%, “Financial Intermediation” by 1.5%, “Health & Labor” by 1.4% and “Education” by 0.6% “Agriculture” by 0.5 percent.