Daijiworld Media Network - Dubai (SR)
Dubai, Jul 22: the Department of Economic Development (DED) has come out with a report on Monday, saying 7,600 jobs were created last month in Dubai due to the inflow of small and medium-sized businesses. 2,394 new licences were issued in the month of June, in which 58.5 per cent of the new licences were professional, 38.9 per cent commercial, 1.9 per cent related to tourism.
As per the report, the top nationalities who secured licences in June 2019 were from Bangladesh, India, Pakistan, Egypt, Britain, China, Jordan, Saudi Arabia, the Philippines and Lebanon. DED said 22,759 business registration and licencing transactions were completed during June 2019 licence renewal accounted for 10,417 transactions in June 2019, including 5,335 (51.2 per cent) transactions related to auto renewal via text messages.
According to Khaleej times report, the Bur Dubai area accounted for for the largest share (1,399) of licences issued in June 2019, followed by Deira (993), and Hatta (2). The top sub-regions, which accounted for 64.8 per cent of all the transactions, were: Al Garhoud (13.4 per cent), Al Barsha 1 (12.2 per cent), Burj Khalifa (10.3 per cent), Al Fahidi (10.1 per cent), Port Saeed (5.3 per cent), Dubai World Trade Centre 1 (3.0 per cent), Oud Metha (3.0 per cent), Umm Al Ramoul (2.8 per cent), Al Marar (2.8 per cent), and Naif (1.9 per cent).
As per DED, real estate, leasing and business services, accounted for 38.8 per cent of the new licenses issued in June 2019 according to the distribution of economic activities, followed by trade and repair services (27.1 per cent), community and personal services (12.6 per cent), building and construction (8.3 per cent), transport, storage and communications (4.5 per cent), hotels group (3.4 per cent), manufacturing (2.4 per cent), financial brokerage (1.5 per cent), health and labour (0.6 per cent), education (0.5 per cent), and agriculture (0.3 per cent).