2,805 business licenses issued last month in Dubai, 4.3% related to hotels
The report also showed that the top nationalities who secured licenses in April 2019 were Bangladeshis followed by Indians and Pakistanis
Figures released by the Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, revealed 2,805 new licenses were issued during April 2019, a growth of 60% compared to April 2018 (1,753).
According to BRL, 4.3% of the new licenses issued were related to hotels group and 2.3% to tourism.
In a press statement, the DED said the new licenses created 8,375 jobs in the labour market. Among the new licenses issued, 49% were professional and 48.1% commercial. 2
The report showed that License Renewal accounted for 13,140 transactions during April 2019, a growth of 3.8% compared to April 2018 (12,660), while 6,259 transactions were related to Auto Renewal via text messages, a growth of 85.2% compared to the same period in 2018 (3,380).
The report also showed that the top nationalities who secured licenses in April 2019 belonged to Bangladesh followed by India, Pakistan, Egypt, Britain, China, Jordan, Saudi Arabia, the Philippines and Afghanistan.
The report highlighted the distribution of the new licenses during April 2019 according to the main areas in Dubai, with Deira accounting for the largest share (1,445), followed by Bur Dubai (1,357), and Hatta (3).
Reportedly, the top sub-regions that accounted for 60.5% of all the transactions were Al Garhoud (14.7%), Burj Khalifa (10.8%), Port Saeed (6.8%), Al Khabaisi (6.4%), Dubai World Trade Centre 1 (5.8%), Al Barsha 1 (4.3%), Umm Al Ramoul (3.6%), Al Marar (2.9%), Oud Metha (2.7%) and Naif (2.5%).