Nearly 2,400 business licences were issued in Dubai in June.
That's according to the Department of Economic Development (DED), which says more than half of these were professional permits, nearly 40 per cent were commercial and the rest were related to tourism and industries.
The new companies also helped create 7,598 jobs in the market.
Bangladeshis, Indians, Pakistanis and Egyptians were the top nationalities who secured the licences.
UAE Central Bank gold reserves rise 26% in five months
The UAE Central Bank (CBUAE) increased its gold reserves by 25.899 per cent during the first five months of the year to AED 28.933 billion, up from AED 22.981 billion at the end of December 2024.
Italian fashion house Valentino hires Riccardo Bellini as CEO
Italian fashion house Valentino has appointed industry veteran Riccardo Bellini as new chief executive, it said on Wednesday, adding he will take up the role at the start of September.
Putin, Modi to meet in Delhi by end of year, Russian embassy official says
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi will meet in New Delhi by the end of year, but no dates have been finalised yet, a Russian embassy official in India said on Wednesday.
India, China agree to resume direct flights, boost business links
India and China agreed on Tuesday to resume direct flights and step up trade and investment flows as the neighbours rebuild ties damaged by a 2020 border clash.
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