Indians, Pakistanis Top Investors In Dubai: Reports

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Indian and Pakistani businesses top investors in Dubai in January 2018 according to the Dubai Local newspaper Khaleej Times. 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.

Top investors in January 2018

Dubai Economy figures released on Monday, Egyptians, Jordanians, Britons, Saudis and Chinese were the other top investors last month.

Category-wise, commercial licenses led the list of new licences at 58 percent while professional licenses stood second at 39.9 percent. Industrial licences accounted for 1.1 percent and tourism licenses at 1 percent as per the ‘Business Map’.

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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).