The Business Registration & Licensing (BRL) sector at the Department of Economy and Tourism (DET), Dubai, has added 98 new economic activities across a number of vital sectors in 2021 bringing the total number of economic activities to more than 2,200.
This is an increase of 88% compared to 2020, when 52 new economic activities were added.
The results follow periodic evaluation and survey of local market needs, supply and demand across all key economic sectors, as well as the BRL sector’s efforts to facilitate licences and enable enterprises to respond to market needs, which in turn will promote business development and healthy competition.
The new activities cover specialized business sectors in Dubai and include: Green Hydrogen Production, Artificial Intelligence Developing Services, Gaming Localization Services, Industrial Consultancies, 3D Printing Building Construction Contracting, Space Consultancies, Plant Based Diary Manufacturing, Early Childhood Centre, Gaming Production Service Providers, Virtual Reality & Augmented Reality Provision & Development Services, Video Games Consoles Manufacturing, Storage Environments Temperature Verification Services, News Services via Websites, Coworking Spaces Operation, and Underwater Photography Services.
Waleed Abdul Malik, Director of Business Registration in the BRL sector said:
“Led by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in driving economic growth, Dubai has succeeded in keeping pace with economic changes at local, regional and global levels and transforming challenges into opportunities. Dubai has expanded the horizons for business sectors to meet the needs of urban development, upgraded infrastructure, and enhanced legislative environment to establish the city as one of the leading investment, commercial and tourism centres in the world.”
“The vitality of Dubai's economy is based on the solid foundations led by effective economic policies and strategies to drive economic diversification, especially in sectors such as transformative industries, tourism, air and maritime transport, commercial and real estate activities, services, and alternative energy. In addition, the openness of Dubai's economy and partnership with many countries in the region and the world led to attracting global markets, enhanced the flow of investments, and stimulated the movement of tourism and foreign trade”.
Saeed Sharaf, Founder and CEO of eSports Middle East LLC said:
"One of the factors that placed Dubai at the forefront of technological advancement is its constant adoption of the latest and greatest in the digital world, and video games are a prime example. By adding new economic activities in the gaming sector, Dubai enjoys a fortified position as a leading country in the region when it comes to digital entertainment and eSports, which market is estimated at more than US$170 billion, according to the latest statistics from the world of video games.
The BRL sector highlighted the importance of communicating with entrepreneurs and investors to develop economic and governmental performance to establish Dubai as a model at all levels. The team focuses on facilitating the procedures for obtaining a license for companies, and developing services led by its positive impact in promoting the growth of the private sector, a key contributor to the economy.
News Source: Dubai Media Office