Business

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, launching the half-yearly report on business movement has stated that Dubai has successfully contained the pandemic by adopting rapid response measures that ensured the sustenance of Dubai's robust economic growth.

The report issued by the Business Registration and Licensing (BRL) sector of Dubai Economy, says that the licensing activity has surpassed the pre-pandemic levels to record the highest growth rates in the history of Dubai with a total of 31,000 licenses during the first six months of 2021. This is 77% growth from the same period in the previous year. Dubai government has achieved this by thoughtful initiatives that further simplified the process for starting and running businesses.

Mr. Jamad Usman being the chief business setup consultant at Emirates First in Dubai has noted a major increase in investor confidence with the government's move of granting full ownership to the foreign investors.

Mr. Jamad Usman further highlights Sheikh Hamdan's special mention to the sheer diversity of international investors in Dubai. This reflects the Dubai's focus on creating a growth-supportive and transparent investment environment that offers ease, safety and security in operating business in various sectors.

Mr. Jamad Usman implores that all Indians as wells as the other expatriates utilize the favorable state of affairs to fulfill their aspirations of having their own business in Dubai.

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