Nearly 2,400 business licences were issued in Dubai in June.
That's according to the Department of Economic Development (DED), which says more than half of these were professional permits, nearly 40 per cent were commercial and the rest were related to tourism and industries.
The new companies also helped create 7,598 jobs in the market.
Bangladeshis, Indians, Pakistanis and Egyptians were the top nationalities who secured the licences.
Ambani's Reliance Jio considers 2.5% public offering in 2026 India IPO, sources say
Reliance Jio Platforms is considering an initial public offering this year that would float 2.5 per cent of the company, people familiar with the matter said, a move that could make it the country's largest-ever IPO worth more than $4 billion.
Abu Dhabi launches $2 billion 'Global Water Platform'
A $2 billion Abu Dhabi Global Water Platform has been launched to support the global water sector by strengthening water and food security in developing countries.
Ford to offer its first eyes-off driver-assistance system in 2028
Ford Motor has announced on Wednesday it would bring Level 3 driver-assistance systems to market in 2028, allowing drivers to take their hands and eyes off the road while operating on certain highways.
Parkin to manage smart parking at select Spinneys, Waitrose stores
Parkin has signed an agreement to manage parking facilities at six Spinneys and Waitrose supermarkets across the city, as part of efforts to ease congestion and improve access at busy retail locations.
Meraas unveils expanded residential masterplan for Dubai Design District
Meraas, a member of Dubai Holding Real Estate, has unveiled an expanded residential masterplan for Dubai Design District (d3), transforming it into one of Dubai’s most desirable creative-led waterfront neighbourhoods.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended the fourth edition of the 1 Billion Followers Summit, the world’s largest gathering dedicated to the content creation economy.
Mohammad Al Gergawi, Minister of UAE Cabinet Affairs, reaffirmed the 1 Billion Followers Summit’s status as the largest global annual gathering of content creators, and a key platform for advancing the content economy.
Authorities in the UAE have collected samples of Nestlé-branded baby formula products for quality analysis following the recent recall over traces of toxin-forming bacteria.
