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.
Dubai continues to lead global cities in cultural and creative FDI
Dubai has ranked first globally for the number of Greenfield foreign direct investment (FDI) projects in the cultural and creative industries for the fourth consecutive year.
Volkswagen CEO faces angry workers in push for radical cuts
More than 10,000 Volkswagen workers gathered at the carmaker's headquarters on Tuesday, some booing CEO Oliver Blume as he urged staff to "pull together" behind a restructuring that could cut up to 50,000 jobs, sources at the meeting said.
Parkin and Bahrain's Amakin team up on smarter parking solutions
Dubai’s Parkin is teaming up with Bahrain Car Parks Company (Amakin) to explore smarter and more connected parking services across the GCC.
Trump threatens 50% tariffs on all cars and trucks from Canada
US President Donald Trump sought to boost pressure on Canada on Monday, warning that tariffs on all cars, trucks and automotive parts from the country would be increased to 50 per cent starting January 1 after trade talks collapsed over the weekend.
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