Dubai Economy sees 83% growth in DED trader licences issued in first half of 2020

Dubai Economy sees 83% growth in DED trader licences issued in first half of 2020

Dubai Economy sees 83% growth in DED trader licences issued in first half of 2020



(WAM) “” The Department of Economic Development, DED, Trader licence launched by the Business Registration and Licensing, BRL, sector, enabling start-ups in Dubai to conduct business activities online and across social networking accounts, has seen an 83 percent increase in licences issued from January to end of June 2020.

Compared to the same period last year when the total number reached 1,064, the DED received an overwhelming response with 1,947 licences issued this year till June.

The report also showed that the number of DED Trader licences issued in June has reached 577, an increase of 163 percent compared to June 2019, when 219 were issued. This reflects the growth of Dubai as a leading destination for e-commerce and a commercial hub for consumers in the Middle East region, as the emirate adopts its e-commerce strategy.

Dubai Economy focuses on providing support to DED Trader licence holders by signing partnerships with government and private sectors, providing facilities for their business growth as well as opening new channels by enhancing cooperation with major sales outlets.

The total number of DED Trader activities is 382, and the number of permitted activities