36,381 Emirati businesswomen own 31,289 business licenses in Dubai

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Staff Report

A recent report by the Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, reveals that 36,381 Emirati businesswomen own 31,289 business licences fully and partially.

This highlights Dubai’s position as one of the leading in the world in promoting women entrepreneurship, as they benefit from a variety of competitive advantages that add value to their businesses and investment activities.

The top commercial activities of the business licences issued for Emirati businesswomen included General trade, Readymade garments, Perfumes and cosmetics, Gifts, and Dyes and paints, while top professional activities included Cleaning services of buildings and houses, Printing, Beauty salons, and Selling of snacks.

Limited Liability Companies top the list of the legal forms of the business licences issued for Emirati businesswomen (19,327), followed by Sole Proprietorship (8,959), and Civil Companies (2,202). The legal forms of the business licences also included One-Person Limited Liability Company, General Partnership and Branches of Foreign Companies.

The report showed that 5,150 business licences were issued for 7,694 businesswomen in the first seven months of this year (January to July), a 53% increase compared to the same period last year (5,032 businesswomen), when 3,117 licences were issued.

Emirati businesswomen topped the list of investors during the first seven months of this year, followed by Indians, Filipinos, Pakistanis, Chinese, Egyptians, Bangladeshis, British, French and Jordanians. – abdulbasit@theuaenews.com