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.
-
Artificial Intelligence1 month agoTop 5 Interesting Things AI Did This Month – September 2026 Edition
-
Fashion4 weeks agoLuxury Watches That Could Appreciate Over the Next Decade [2026 Auction Buyer Guide]
-
Economy4 weeks agoOER Magazine September Edition 2026
-
Banking & Finance2 months agoThe GCC’s 10 Richest Billionaires: Inside US$253.5 Billion of Wealth
-
Alamaliktistaad Magazines3 weeks agoAlam Al-Iktisaad Magazine September 2026 Edition
-
Banking & Finance1 month agoINVESTIGATION: What If You Bought Apple Stock Every Time You Bought an iPhone?
-
News2 months agoOPEC+ Holds Output Steady for October as Focus Shifts to 2027 Quotas
-
Artificial Intelligence1 month agoWhat the World’s Top 10 Tech CEOs Really Earn
