Dubai to issue instant trade licences to investors

(Dubai) – The Dubai Department of Economic Development (DED) is planning to issue instant trade licences to investors under a new ‘120 days hassle free licence’ initiative that will be launched this year.
The move, which will allow investors to have their licences issued immediately, will drastically simplify the investment and business registration process. According to DED, the scheme is aimed “to give businesses in Dubai a head start and promote the emirate’s competitiveness”.