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DED sees 4.6% increase in new licences in 2018 as Dubai reinforces investor confidence

February 14, 2019

Dubai, 13 January 2019: The Department of Economic Development (DED) in Dubai issued 20,467 new licences during the year 2018 as the emirate continued to enhance its appeal as a destination for sustainable business growth.  Overall, 248,769 business registration and licensing transactions were recorded in the 'Business Map' digital platform of DED in 2018 – an increase of 4.6% over 2017 – as more and more businesses and investors took advantage of the emirate's competitiveness and increasing opportunities across diverse economic sectors.