Economy
196 e-commerce licences issued in UAE in May 2020

(WAM) — The e-commerce business sector was issued the highest number of licences in the UAE in May 2020.
Data from the National Economic Register, in coordination with relevant economic authorities, showed that 196 licences were issued for e-commerce retail businesses in May 2020.
The first five months of the year saw a 300 percent increase in consumer demand for e-commerce services, leading the Telecommunications Regulatory Authority, TRA, to publish a list of key e-commerce platforms.
The same report noted that 120 licences were issued to general trade businesses, as well as 115 to project management services, and around 97 for building painting activities.
The list of businesses issued the most licences includes 55 licences for all types of construction projects, along with 40 for the repair and maintenance of extensions and electrical installations, some 39 for dessert preparations, 36 for cold and hot drink sellers, and 33 each for snack stalls and new restaurants.
The total number of licences issued in the country in May 2020 amounted to 764. The issuance of business licences is expected to increase, led by the e-commerce sector.
-
Banking & Finance4 weeks ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
OER Magazines2 months ago
OER, May 2025
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, May 25
-
Bahrain4 weeks ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance2 months ago
Central Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance2 months ago
United Finance Company: Strategically Serving Oman’s Auto Market with Faster, Customer-First Solutions
-
Insurance2 months ago
Liva Insurance Sets New Benchmark with ‘Innovative Insurer of the Year’ Award at the New Age Banking Summit 2025
-
Banking & Finance1 month ago
The Future of the International Financial System to be discussed at SPIEF 2025