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Tag - Dubai Economy

Two smart dashboards introduced by Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, are enabling local start-ups to benefit optimally from the Government Procurement Programme and grow competitively and sustainably.

The visits, which started last Wednesday and will continue for a week, aim to ensure market preparedness for the school season and avoid price manipulation. The campaign will cover major commercial centres and outlets selling school supplies and stationery in Dubai.

CCCP sector in Dubai Economy has started a series of field visits to monitor prices and promotional campaigns in the local market in view of the back to school season.

CCCP sector in Dubai Economy has revealed that the number of active trademark files on its ‘IP Gateway’ reached 5,126 in the first six months of 2020, a 14% increase compared to H1 2019.

Al Zeyoudi, UAE Minister of State for Foreign Trade, recently visited Dubai Exports, the export promotion agency of Dubai Economy, to discuss closer co-ordination and co-operation on enhancing exports from the UAE.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, said that the top priority of the UAE’s economy is to be fastest recovering economy in the world, and to be the most stable and diversified economy on the long term.

Dubai SME, has enhanced the scope and benefits of its ‘Intelaq’ licence for home-based businesses by extending it to the food sector, listing 19 food trading activities and seven others relating to food preparation under the licence.

CCCP sector in Dubai Economy received 81 commercial complaints during April-June 2020, which was 35% less compared to the same period in 2019. The CCCP also received 147 enquiries, bringing the total transactions it handled during the same period to 228.

Deyaar Development, a Dubai-based property developer, announced its financial results for the first half of 2020, reporting revenues of AED174.5 million and net profit of AED8.5 million for the six months ending 30th June 2020.

The BRL partnered with Akshaak, to support projects operating under the ‘DED Trader’ licence of Dubai Economy, which allows start-ups in Dubai to conduct business activities online and across social networking accounts.

The CCCP Sector in Dubai Economy has launched a new e-services package for traders and customers as part of the efforts to continuously enhance service quality, convenience as well as accessibility, and promote a safe economic environment that enables sustainable growth.

Dubai Exports has been shortlisted for the WTPO Awards 2020 by the ITC, a joint agency of the WTO and the UN. Dubai Exports will compete with external trade promotion agencies from five other countries in the ‘Best use of Information Technology’ category of the Awards.

Dubai Economy brought focus on the effectiveness and inclusiveness of the stimulus packages announced by Dubai following COVID-19 in its 6th Market Dialogue held recently with the business community.

A recent report by the Business Registration & Licensing (BRL) sector of Dubai Economy shows that the number of operating businesses in Jumeirah has reached 3,648 to date. The licences issued according to the activities are: commercial (1,919), professional (1,663), tourism (48) and industrial (18).

The agreement, which is part of enhancing co-ordination between government, government-related and private entities to improve the overall customer experience in Dubai, will allow consumers of free zone businesses to raise their complaints to Dubai Economy and have them resolved amicably.

Dubai Economy, in partnership with the Mohammed bin Rashid School of Government (MBRSG), has launched ‘The Great Economic Reset Programme’ as part of the efforts to reshape the emirate’s economy and reset it towards a more agile, sustainable, resilient, and inclusive post-pandemic future.

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