Dubai remains a major attraction for Indian and Pakistani businesses and entrepreneurs, as they were the top nationalities in terms of starting new businesses in January.
According to Dubai Economy figures released on Monday, Egyptians, Jordanians, Britons, Saudis and Chinese were the other top investors last month.
Dubai Economy issued 1,638 new licences and gave initial approval to 2,087 in 23,626 registration and licensing transactions in January 2018, it said in a statement on Monday.
Category-wise, commercial licenses led the list of new licences at 58
Bur Dubai topped the list for new licences issued with a share of 788, followed by Deira (682), New Dubai (157) and Hatta (11). Among the top 10 sub-regions that together accounted for 51.7 per cent of all new licences, Burj Khalifa was in the lead at 13.7 per cent, followed by New Dubai (9.3 per cent), Al Marar (6.8 per cent), Naif (4.8 per cent), Port Saeed (3.7 per cent), Trade Centre 1 (3.5 per cent), Hor Al Anz (2.5 per cent), Al Garhoud (2.4 per cent), Al Barsha 1 (2.1 per cent), Al Wasl (1.9 per cent).
Trade and repair services retained its position as the number one activity licensed (35.1
Community and personal services (15