DED issues 1,689 new licences in May

Dubai continued to be the destination of choice for businessmen and investors as the Department of Economic Department (DED) issued 1,689 new licences and completed 26,184 transactions relating to business registration and licensing in the emirate in May 2018. Renewal of existing licences accounted for the largest share of the total transactions as their numbers reached 12,618, according to data on the “Business Map” digital platform the Business Registration and Licensing, BRL, sector in DED.