#licences

Ajman

Ajman issues 1,275 new business licences during Q1 2022

It indicated a 10 per cent year-on-year increase compared to the number of licences issued in Q1 2021

Sharjah

Sharjah: Over 17,000 business licences issued and renewed in Q1 2022

It marks a growth rate of 7 per cent over, or 1,139 licences, over the same period in 2021

Abu Dhabi introduces Dhs1,000 cap for tourism business licences

The revised fee structure is applicable to tourism business licences starting this month

Saudi Arabia Riyadh

Saudi Arabia issues highest-ever number of foreign investor licences in a single quarter

It issued 478 licenses in Q1 2021, a 36 per cent increase over the corresponding period last year

Abu Dhabi

Abu Dhabi to allow 100% foreign ownership of professional companies

The new licences will cover 604 activities across many fields including accounting, training and consultancy

Dubai Economy issues 4,796 new licences in February 2021, registers 3.4% y-o-y growth

Bur Dubai accounted for the largest share of the new licences issued in February 2021 in terms of areas

Dubai’s RTA processes over two million drivers’ licencing transactions in 2020

Around 72 per cent of the transactions were processed via smart channels

Dubai Economy renews 33,874 licences through its ‘Auto Renewal’ service

The Business Registration & Licencing (BRL) sector also recorded a 62 per cent increase in auto renewal transactions during the first four months of 2020, compared to the same period in 2019