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ABU DHABI / WAM
The Abu Dhabi Business Centre of the Department of Economic Development (DED) has registered 2,935 licences during first quarter of 2018, an increase of 26% compared to the same quarter last year, which only saw 2,328 new licenses, according to the report issued for the first quarter of 2018.
The report monitors commercial activities in Abu Dhabi, mainly new licence issuances, renewals, modifications, permits, announcements, violations, fees and other types of transaction activities.
Mohammed Munif Al Mansouri, CEO of Abu Dhabi Business Centre, said that the DED has devised a clear strategy to develop the business sector, in order to turn Abu Dhabi into an attractive destination for investors and businessmen. This has been achieved by implementing the plans, programmes, regulations and laws that govern the job market and ensure the carrying out of the best practices, which in turn enables the emirate to secure advanced positions in international competitiveness reports. As many as 43 new tourism licences have been recorded during Q1, compared to 29 licences in same period last year.