Economy Politics Local 2025-11-12T10:50:28+00:00

Average account opening time in Dubai reduced to five days

Dubai has reduced business account opening time from 65 to five days. Over 3,000 new accounts were opened, advancing the D33 economic agenda.


Average account opening time reduced from 65 days to just five days. More than 3,000 new business bank accounts have been opened through DUL, and over 134,000 business profiles have been updated. In total, more than 900,000 DULs have been issued to businesses in Dubai since its rollout in 2023. The initiative advances the goals of the Dubai Economic Agenda, D33, and aligns...