Investors repose trust in UAE’s economic resilience – ZAWYA

Investors repose trust in UAE’s economic resilience – ZAWYA

Investors repose trust in UAE's economic resilience | ZAWYA MENA Edition HomeEconomyGCCArticleInvestors repose trust in UAE's economic resilience Rise in business licences indicates early revival of economy after coronavirus    People watch the sunset in Dubai, United Arab Emirates December 21,2017.The UAE economy has once again proved its resilience, showing an early sign of recovery by posting a nominal growth of 0.64 per cent in business licences last month, latest data shows.The total number of business licences issued across the country in June reached 652,885, a rise of 4,201 compared to 648,684 in May, according to statistics from the National Economic Registry of the Ministry of Economy.This rise reflects the continuity of business and trade in the UAE, following a stable period in March and April despite strict restrictions on movement to contain coronavirus in the country.The total number of business licences issued across the country in June reached 652,885, a rise of 4,201 compared to 648,684 in May, according to statistics from the National Economic Registry of the Ministry of Economy.The UAE economy has once again proved its resilience, showing an early sign of recovery by posting a nominal growth of 0.64 per cent in business licences last month,