Dubai Economy has issued more than 170,000 commercial licenses over the last 25 years, a 650 per cent increase over the 28,000 licenses issued in its first year in 1992, revealed Sami Al Qamzi, Director-General of Dubai Economy.
“The Business Registration & Licensing (BRL) sector in Dubai Economy serves more than 150,000 businesses in the emirate, conducting approximately 430,000 transactions every year relating to issuing, renewing or revoking licenses as well as amending trade names and issuing commercial permits,” Al Qamzi said as Dubai Economy celebrates its 25th anniversary in 2017.
The UAE is the first country in the world to adopt the star rating system, and the Dubai Business Club was launched in line with the government.
News Source:Business licenses in Dubai increase 650 per cent over last 25 years
