UAE’s registered companies exceed 716,900 by end of 2020

UAE’s registered companies exceed 716,900 by end of 2020

30 December 2020 09:36 AM





























UAE - Mubasher: The total number of companies registered at the UAE Ministry of Economy has exceeded 716,900 by the end of 2020.





The UAE saw an increase in the number of companies by around 56,000 in the second half (H2) of 2020, according to the latest data by the UAE Ministry of Economy.





The companies, registered in the UAE during H2-20, accounted for 8% of the total number of companies.





It is noteworthy to mention that the UAE has recorded a 23.5% surge in the number of trademarks to 1,293 in August, when compared to July.