Economy Local February 27, 2025

Dubai Financial Authority Reports Record Growth

Dubai Financial Services Authority announces a record 31% increase in licensed companies for 2024, signaling strong economic growth in the region.


Dubai Financial Authority Reports Record Growth

According to a statement from the Dubai Financial Services Authority, a record increase of 31% in the number of licensed companies is being observed by 2024. This symbolizes a sustainable attraction of investors and the strengthening of the business climate in the region.

The significant influx of companies in Dubai is associated with various support measures and innovations, as well as initiatives to streamline the registration and licensing procedures. This positive trend reflects a favorable business environment and a commitment to economic development.

"The growth of the number of licensed companies by 31% over the year indicates that Dubai continues to attract investments and offer competitive conditions for business. We create all opportunities for the successful development of companies in the region and see sustainable growth in our business community," noted a representative of the authority.