According to the latest DET data, Dubai recorded an increase of over 30 per cent in new business licenses issued during Q1 2023 compared to the same period in 2022
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Dubai witnessed FDI inflows of Dhs13.72bn in H1 2022, reflecting a growth of 14.6 per cent compared to the same period last year
Dubai tourist numbers closed in on pre-pandemic levels with a growth of more than 183 per cent year-on-year in H1 2022, according to data from DET
Around 55 per cent of the new business licenses issued in Dubai during H1 2022 were professional and 45 per cent were commercial
Dubai’s tourism sector attracted Dhs6.4bn in FDI across 30 FDI projects in 2021
Fifty-seven per cent of the new business licences issued were under the professional category and 43 per cent were commercial
The figure marks a 69 per cent increase over the same period in 2020 when 32,626 licenses were issued