Categories: Economy

UAE’s Economy Thrives with 12% Increase in Active Companies During First Half of 2024

The number of active companies in the United Arab Emirates increased by 12% during the first half of 2024, reaching 896,000 licenses compared to the end of 2023 when it was around 800,000. Limited liability companies saw a 7.6% increase, with 269,100 companies/licenses accounting for 30% of the total. Sole proprietorships increased by 3%, while one-person companies grew by 21%. Local company branches increased by

Samantha Johnson

As a dedicated content writer at newseeped.com, I thrive on transforming ideas into captivating narratives that engage and inform our readers. With a passion for storytelling and a keen eye for detail, I craft articles that resonate with our audience and help amplify our platform's impact. My background in journalism and creative writing allows me to blend authenticity with flair, ensuring each piece I produce is not only informative but also compelling. I am honored to be part of a team that values quality content and am excited to continue contributing to our mission of delivering top-notch news coverage to our readers.

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Samantha Johnson

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