As many as 4,567 new business licences were issued in Dubai in January, which is an increase of 9 per cent compared to the same month in 2020.
Fifth-eight per cent were professional permits, while 40 per cent were commercial, and the rest were distributed among tourism and industrial activities.
Deira accounted for the largest share (2,425), followed by Bur Dubai (2,135), and Hatta (7).
The activities of the new licences issued in January, included: contracting and related matters; building maintenance, guards and cleaning; ready-made garments; Information technology; electronics; food trade; restaurants and cafes.
According to Dubai Economy's Business Registration and Licensing (BRL) sector, the figures reflect Dubai’s resilience as well as the emirate’s economic competitiveness, including its ability to provide high-growth opportunities in various economic sectors.
The US and India have moved closer to a trade pact, releasing an interim framework that would lower tariffs, reshape energy ties and deepen economic cooperation as both countries seek to realign global supply chains.
Aldar and Dubai Holding have expanded their landmark joint venture, adding two strategic land plots in Dubai that will deliver almost 14,000 new homes with a combined gross development value (GDV) exceeding AED 38 billion.