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 Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
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