The Business Registration and Licensing, BRL, sector in Dubai's Department of Economic Development, DED, issued 2,805 new licenses during April 2019, which helped in creating 8,375 new jobs
DUBAI, (Pakistan Point News - 08th May, 2019) The Business Registration and Licensing, BRL, sector in Dubai's Department of Economic Development, DED, issued 2,805 new licenses during April 2019, which helped in creating 8,375 new jobs.
Overall, the BRL registered a growth of 60 percent compared to April 2018 (1,753). Among the new licences issued, 49 percent were professional, 48.1 percent were commercial, 2.3 percent were related to tourism and 0.6 percent were from industry.
The "Business Map" digital platform of DED, which provides vital data on each licence category including their numbers and distribution on a monthly basis saw 29,813 business registrations and licencing transactions being completed during April 2019, a growth of 13 percent compared to April 2018 (26,393).
The report showed that licence renewal accounted for 13,140 transactions during April 2019, a growth of 3.8 percent compared to April 2018 (12,660), while 6,259 transactions were related to auto-renewal via text messages, a growth of 85.2 percent compared to the same period in 2018 (3,380).
The outsourced service centres of DED issued 20,724 transactions in April 2019, thus demonstrating their vital role in delivering value-added services to the public in Dubai. The number of DED Trader licences during April 2019 reached 166, a growth of 19.4 percent compared to the same period in 2018 (139).
The top nationalities who secured licences in April 2019 were: Bangladeshis followed by Indians, Pakistanis, Egyptians, Britons, Chinese, Jordanians, Saudi Arabians, Filipinos and Afghans.
Trade and repair services accounted for 34 percent of the new licenses issued in April 2019 according to the distribution of economic activities, followed by Real Estate, Leasing and Business Services (27.8 percent), Community and Personal Services (11.6 percent), Building and Construction (11.2 percent), Transport, Storage and Communications (4.6 percent), Hotels group (4.3 percent), Manufacturing (2.4 percent), Financial Brokerage (1.4 percent), Health and Labour (1.2 percent), education (1 percent), and Agriculture (0.5 percent).
