DED issues 11,635 licences for businesses in 2009
The Dubai Department of Economic Development (DED) said Dubai's economic activities in 2009 continued at the same momentum, highlighting the investors' trust in the economic opportunities available in the emirate and the UAE.
DED issued 11,635 licences for various businesses in 2009. The majority of these were issued in the commercial sector recording a 76 per cent increase, followed by the professional sector, industrial and tourism.
DED also noted an increase in the number of projects, establishments and urban development.
Licence renewal experienced an increase by two per cent in 2009, issuing 86,707 licences in total. Of the total, commercial licences, topped the list recording a 76 per cent increase, followed by professional (20 per cent), industrial (two per cent) and tourism (one per cent).
The total number of modified licences issued were 39,469. Of those, commercial licences topping the list by a whopping 80 per cent, followed by professional (16 per cent), industrial and tourism (two per cent each).
The total number of licences that were cancelled in the year 2009 was 3,167.
Commercial permits issued by the DED in 2009 recorded a 31 per cent increase reaching 17,937 permits, as compared to the numbers in 2008. Of those, 7887 permanent permits were issued. Advertising signs of trade names topped the list of issued permits in 2009 reaching (5,788), and recording a 73 per cent increase of the total permits issued, followed by additional ads (841) by (10 per cent).
The total number of customers in DED's portfolio reached (102,732) in 2009, with an average of 8,561 customers per month.
DED issued 157 licences to foreign companies in 2009. These include licences to companies from the UK (21 per cent), followed by the US (four per cent) and Singapore (3.2 per cent). The report said the total number of the top 10 licensed activities in 2009 reached 9,184 licences, accounting for a 26 per cent increase in the total number of activities.
Ready-made garments led the list of licensed activities with (1,569) licences, highlighting an increase by four per cent, followed by perfumes and cosmetics (1,336), also reporting an increase by four per cent.
The number of inspections carried out by DED officers in the Commercial Compliance and Consumer Protection Division in 2009 reached 74,181 visits. 55,188 of these visits fulfilled the required conditions, whilst 13,255 were fined. Implementing advertising without a permit was first on the list of violated activities.
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