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Dubai / EMIRATES BUSINESS
The Department of Economic Development (DED) in Dubai saw a 10% increase in permits issued for various business activities during the third quarter of 2016, compared to the same period in 2015. Altogether, 39,000 permits were issued in Q3 2016 as discount sales and special offers grew 213%, reaching 1,647 from the 526 permits issued in Q2 2015. Promotional campaign permits saw a 99% increase, and trade fair permits rose 23%.
The significant rise in permits issued is largely due to the improved flexibility of procedures as well as the rise in the number of outlets for receiving commercial permit requests to 18, commented Walid Abdul Malik, Director of Commercial Permits Management in DED.
“The increase in the number of commercial permits indicates the success of the various initiatives being launched by the Department of Economic Development to improve ease of doing business in line with the economic development strategy of Dubai. DED seeks to continuously build confidence among investors and business owners as well as enable them to promote their products and services across Dubai,†Abdul Malik said.
The nature of permits that were high on demand in Q3 2016 also reflected the growing interest among retailers to explore diverse options, Abdul Malik added. “Permits for raffle draws, instant prizes as well as tasting and sampling accounted for the lion’s share of the promotions permitted during the third quarter of 2016,†he added.