Tuesday, September 21, 2021

Dubai Economy: Adding 16 new economic activities during July

Dubai – Mubasher: The commercial registration and licensing sector in Dubai Economy announced the addition of 16 new economic activities to a number of vital sectors during July 2021, bringing the total number of economic activities to more than 1,100 activities..

The most prominent activities that were added to the “real estate finance” activity included: financing companies other than banking institutions, which work in the field of granting advances and personal and commercial loans for the purposes of buying or developing real estate, whether for personal or commercial use, according to the Emirates Today newspaper.

The activity of “industrial finance” includes financing companies other than banking institutions that work in the field of granting industrial loans, in order to finance new industries and projects under construction, expansion and restructuring of existing industrial facilities, and the purchase or acquisition of existing projects..

The activity of “Agri-finance” includes: financing companies other than banking institutions that work in the field of financing agricultural production projects, such as field farming projects, local production of poultry, local production of dairy products, establishing greenhouses, livestock, fish projects, and production of fodder and fertilizers..

The activity of “granting consumer loans” includes financing companies other than banking institutions that work in the field of granting loans for non-business purposes, such as personal loans, overdraft facilities, car financing, credit card payments, and financial leasing..

And the activity of “operating co-working spaces” includes establishments that occupy spaces that are furnished and provided with technical support, to become a suitable place to provide some services, and office spaces that are rented to provide works of fine art, develop children’s skills, printing services, food and beverage stores, and stationery, and electronics, after platform operators obtain the appropriate permits.

The activity of publishing “computer games” includes establishments that publish, market and distribute electronic computer games.

And the activity of “news services through websites” includes establishments that provide news services through their accounts on social networking sites or through Internet networks..

The activity of “installing tents and umbrellas” includes facilities that install different types of tents, whether small for use inside homes, beaches and cellular trips, or large ones for organizing celebrations, popular and official events, and school celebrations. It also includes the installation of covered areas, such as umbrellas for use in gardens or protection. weather factors.

وشدت dealer license Launched by the commercial registration and licensing sector in the Dubai Economy, there is an increasing interest by the owners of emerging projects in Dubai, as 13,43 licenses have been issued since the launch of the initiative in March of 2017 until the end of June 2021.

The report issued by the registration, licensing and commercial sector showed that 3,243 dealer licenses were issued during the first half of 2021 (January 2021 until the end of June 2021) compared to 1,989 licenses issued during the first half of 2020, with a growth rate of 63 percent.


Dubai Economy: 63% growth in the number of merchant licenses during the first half

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