Ajman sees 53% jump in licence issuances in Q4

dubai — The Department of Economic Development in Ajman issued 1,458 licenses in the fourth quarter of 2018, registering an increase of 53 per cent compared to the same period in 2017.

The report also reveals a 76 per cent increase in the total number of professional licenses issued in Q4 of 2018 — releasing around 1,028 licenses as compared to the 585 licences issued in 2017.

The report also showed that a total of 186 industrial licenses were released during the last three months of 2018, including the issuance of 20 ‘Bidayat’ licenses and 6 renewed licenses, which are usually given to UAE citizens engaging in any economic activity from their homes with full exemption from fees.

DED-Ajman has also pointed out a 12 per cent decrease in cancelled licenses - 191 cancellations as opposed to the 216 cancelled licenses made during the last quarter of 2017.

The results also showed a number of the most required activities needed in acquiring new licenses, like ‘building maintenance,’ which came first in the number of 413 licenses, followed by ‘building internal cleaning services’ with 117 licenses while ‘activities of external cleaning services for buildings’ licenses came in third with 84 licenses. Meanwhile, licenses for ‘retail sale of men’s clothing’ reached 51 licenses, followed by ‘interior decoration works and ‘snack vending activities (cafeteria).’