INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Sharjah Economic Development Department processes 14,210 licenses during Q3

Sharjah Economic Development Department has processed more than 14,000 licenses in Q3.
  • The majority of the licenses processed belonged to the commercial sector, followed by professional.
  • The growth of business licenses confirms the strength of the local economy, Sultan Abdullah bin Hadda Al Suwaidi.

Sharjah Economic Development Department (SEDD) has processed 14,210 licenses submitted through its smart applications on its website as well as service centers during the third quarter of 2021.
Of the 14,210 licenses, 1,473 were issued licenses and the 12,737 renewed ones.
SEDD data said commercial licenses took the lead with 868 licenses, followed by professional (432), industrial (69) and e-commerce licenses (43).
A total of 7,795 commercial licenses were renewed in Q3, followed by professional (4,286) and industrial (504).
In addition, the number of renewed licenses for “Eitimad” domestic licenses reached 126, while the number of renewed e-commerce licenses was 25.
Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, said the continued growth of business licenses confirms the strength of the local economy and the attractiveness of the investment environment.