The Business Registration and Licensing, BRL, sector in the Department of Economic Development, DED, Dubai, has issued a report on the advantages of Al Hamriya area in Dubai as one of the attractive areas for companies to operate, where it has diversified business activities as well as a central location and integrated infrastructure.
DUBAI, (Pakistan Point News - 28th Nov, 2018) The Business Registration and Licensing, BRL, sector in the Department of Economic Development, DED, Dubai, has issued a report on the advantages of Al Hamriya area in Dubai as one of the attractive areas for companies to operate, where it has diversified business activities as well as a central location and integrated infrastructure.
The report showed that the number of companies in Al Hamriya from 1981 till the end of October 2018 reached 406. Of these, 285 are commercial (70.2 percent) with 3,064 workers; 111 are professional (27.3 percent) with 855 workers, and 10 are in the tourism business (2.5 percent) with 174 workers. The number of companies has increased by an impressive 203.6 percent from 2006 to 2010 and between 2016 and 2018.
Al Hamriya has a high concentration of companies reflecting the vision of Dubai, which is firmly rooted in the continuous and advanced construction of public infrastructure, which provides a positive business environment for the business sector.
Omar Al Mehairi, Director of Development and Follow-up Division in BRL sector, said, "The figures of businesses in Al Hamriya confirm Dubai's position as a global business destination, opening new and attractive opportunities for sustainable economic growth, supporting productivity growth and improving the quality of public services. Dubai remains the preferred business hub for companies looking for a foothold in the regional markets due to the city’s ease of doing business and the confidence in the local economy."
"Dubai consistently reviews the cost of starting businesses and the various activities in the emirate to maintain its competitiveness compared to other international markets. Businesses are always looking for new sectors in line with long-term government plans in various sectors, especially technology, industry, and innovative services. The development of the legislative environment and infrastructure, as well as services and facilities related to the speed of completion of procedures, and the launch of large projects, support companies looking to expanding their footprint to various international markets," Al Mehairi added.
The report showed that the total number of business activities in Al Hamriya has reached 1,620 as of end-October 2018. The commercial activities included "General Trade", "Perfumes and Cosmetics", "Readymade Garments", "Gifts", and "Cargo Transportation by Sea"; while the professional activates included "Selling Snacks", "Restaurants", "Administrative Studies and Consultations", "Cafés" and "Management and Organisational Training". Tourism activities included "Operator of Internal Tours", "travel and Tourism Agent", "Organising and Activating Tours", "Hotel Management", and "Customs Broker".
The report showed that the prominent nationalities that are operating their business in Al Hamriya were India, Pakistan, Egypt, Britain, China, Jordan, Canada, Saudi Arabia, Sudan and the Philippines.
