2,309 new commercial licenses in Abu Dhabi

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The Abu Dhabi Development Department of Economic Development (DED) issued its new quarterly report for commercial licenses. As per the report,with an existing104,372 licenses, DED issued 2309 new licenses, renewed 18,354 and cancelled 746, by the end of March 2011.

Aisha Al Sheikh Al Zaabi, the Acting Executive Director of Commercial Affairs, DED, said, Abu Dhabi Economic Vision 2030 has inspired DED to set forward a clear cut strategy to promote business sector and raise the profile of the Emirate as investment attraction by formulating plans, programme, guidelines and laws that regulate business environment and ensure the implementation of best practices that allow Abu Dhabi a frontline competitive status internationally.

DEDs visits (in this quarter) has resulted in issuing 1209 fines, confiscating 4319 various commercial goods, and settling 54 consumercomplaints.

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