Study shows SME share of Dubai GDP at 47%, workforce at 52.4%
Dubai SME, the agency of the Department of Economic Development, DED, in Dubai, mandated to develop the Small and Medium Enterprise, SME, sector, in conjunction with the Dubai Statistics Centre, released a new study on the local SME sector as part of Dubai SME Development Plan, SMDP, which is part of the Dubai Plan 2021. […]
Dubai population to double by 2027
Dubai’s population has reached 3.086 million people comprising one third of the national UAE population of 9.27 million residents, according to Dubai Statistics Centre figures on Tuesday. And by 2027, Dubai is expected to jump to more than five million in a city whose population that has grown 1,000 per cent in the last 40 […]
UAE and Russia sign visa exemption pact
In a bid to encourage bilateral tourism, investment and trade. A number of agreements and memoranda of understanding between the UAE and Russia were signed, including the mutual exemption of visa requirements for citizens of the UAE and Russia in a bid to encourage bilateral tourism, investment and trade. The agreement was signed by Maadhad […]
Dubai International Academic City Universities Report Sustained Growth in Chinese Student Enrolment
Scholarships, safety, cosmopolitan appeal of Dubai and high international education quality help attract Chinese students Fuelled by economic trends, including the boom in trade and tourism between the UAE and China, concerted efforts of Dubai’s higher education institutions and Chinese recognition of Dubai degrees, universities at Dubai International Academic City (DIAC) continue to witness significant […]
Smooth sailing for International City commuters
Phase one of roads upgrade project featuring two new flyovers expected to cut down travel time from the community to Downtown Dubai by half Travelling to and from Dubai International City (DIC) is a breeze now as phase one of the Dh400-million roads upgrade in and around the densely populated neighbourhood opened for traffic on […]
AED 111 billion total of Dubai real estate transactions in H1 2018
Government decisions boosted investor confidence and supported the attractiveness of the real estate sector Dubai Land Department (DLD) has revealed that real estate transactions in Dubai for the first half of 2018 (H1 2018) reached AED 111 billion, reaffirming Dubai market’s attractiveness and ability to compete with global investment destinations. The strengths portrayed by Dubai’s […]
DED sees brisk business registration and licensing in June 2018
The Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED) in Dubai issued 1,185 new licenses and concluded more than 19,850 transactions during June 2018. The latest data, recorded on the ‘Business Map’ digital platform of BRL, indicates that the emirate continues attract businesses and investors as a competitive hub for […]
Department of Economic Development adds 26 new business activities in vital sectors during H1 2018
The Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, added 26 new business activities across a number of sectors in first half of 2018 following that tracked local market needs, supply and demand in those vital sectors. The move, which is part of DED’s efforts to facilitate business for […]
Business confidence in Dubai continues to rise, survey shows
The latest business confidence survey conducted by the Department of Economic Development (DED) shows that economic conditions during the first quarter of 2018 (January-March) have improved over the same quarter of last year, and also over Q4 2017. The Composite Business Confidence Index has improved by 5.5 points after registering 116.7 points in Q1 2018 […]
Dubai sees 35% drop in complaints about business disputes
Complaints relating to commercial disputes in Dubai dropped by 35% between 2016 and 2017 following improved efforts by the Commercial Compliance & Consumer Protection (CCCP) sector in the Department of Economic Development (DED) to protect the rights of businesses in line with the emirate’s reputation as a competitive environment for businesses to grow sustainably. The […]