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Dubai Economy Issues 4,692 Instant Licenses To Date

Registration of ‘Native’ workers can be completed through the Instant License Instant License do not need the company’s lease and location for the...

Dubai Businesses Looking to Stronger Results, Global Reach Ahead of Expo...

Increase in proportion of firms expecting improvement in business situation Optimism largely driven by export prospects and tourist arrivals Improving domestic market conditions and...

Dubai Economy Joins 6 Banks to Launch KYC Consortium in UAE

Consortium has Dubai Economy and Emirates NBD Group as founding members along with HSBC, RAKBANK, ADCB, and Commercial Bank of Dubai as early...

Dubai Launches New Initiative to Attract Innovators

HH Sheikh Ahmed bin Saeed Al Maktoum launches initiative to attract innovators to Dubai Targets 25,000 startups worldwide that are looking at Dubai...

Dubai Economy: Business Registration and Licensing Up 22% in January

Overall, 30,582 business registration and licensing transactions were recorded Dubai Economy issued 4,076 new licenses that created 10,782 jobs The Business Registration and Licensing...

Giant Leaps Forward for Future World Capital of the New Economy

The Government of Dubai kicked off the new year with announcements on major plans for global promotion strategies for the emirate as an investment...

Dubai Future District Launch; AED1 Billion Fund to Drive New Economy

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today announced during the second Dubai Council’s meeting,...

Businesses Continue to Invest and Expand in Dubai, Dubai Economy

FDI Law, preparations for Expo 2020 Dubai and restructuring of economic activities spurred optimism among investors 38,377 new licences issued in 2019, leading...

Dubai Economy Turns Future-readiness Focus to 3 More Emerging Sectors

Second Future Economy Lab workshops to bring together public and private sector stakeholders and academia to discuss Cashless Economy, Circular Economy, and Gaming...

Dubai Economy Grows 2.1% in H1 2019

Dubai's economy grew 2.1 percent YoY in H1-2019, with the emirate's GDP reaching AED 208.2 bn at constant prices in the first six months...

Dubai SME and FAB Join Efforts to Facilitate Receivable Financing for...

The Mohammed Bin Rashid Fund (MBRF) of Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector,...

Businesses in Dubai Foresee Higher Revenues, Stronger Ground Ahead

• Business Confidence Index improves quarter-to-quarter and year-on-year • Large companies continue to maintain stronger projections Businesses in Dubai are confident of closing the year on...

Dubai Businesses Upbeat on New Export Markets and Projects

Business confidence and outlook for Q3 2019 improves, driven largely by trading and construction New export markets and projects being launched ahead of Expo 2020...

Dubai Economy unveils R&D platform initiative to boost competitiveness

Portal will promote innovation partnerships between the industry and academia and enhance productivity in Dubai R&D collaboration to eventually bring financial benefits to...

Dubai real growth forecast: 2.1% in 2019, 3.8% in 2020, and...

Government-led policy initiatives and investments, improved growth prospects in trading partners, and preparation to host Expo 2020 Dubai are providing increased private sector credit...

New UAE Stimulus Likely to Easy Pressure on Real Estate Sector

UAE stimulus efforts announced this week are needed as housing oversupply trend continues Real estate prices have been on the decline for the last three...

Business Confidence in Dubai Improves on Stronger Demand

Businesses in Dubai are more upbeat about the final quarter of 2017 compared to the previous quarter, driven by increased demand during the winter...

Dubai Economy Asks Businesses Not to Hike Prices Ahead of VAT

The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has called on retailers in Dubai not to use the VAT (value added...