Dubai Launches Unified Digital Platform to Streamline Business Establishment

Dubai is bolstering its digital infrastructure with a new unified platform aimed at simplifying the process for businesses to establish themselves in the emirate. This move is part of the broader strategy to boost the economy and attract more investments.

Main Features :

1. Unified Digital Platform: The platform, utilizing the Invest in Dubai portal, will integrate various licensing processes, including those managed by the Department of Economy and Tourism, special development zones, and free zones such as the Dubai International Financial Centre.
2. Enhanced Investor Experience: By consolidating licensing and permit requests through Invest in Dubai, the platform aims to enhance the ease and convenience for investors. This integration is expected to significantly improve the overall investor experience in Dubai.
3. Executive Council Resolution: Sheikh Hamdan bin Mohammed issued an Executive Council resolution to approve key principles for facilitating the investor journey in Dubai. This underscores the commitment to providing a smooth and supportive environment for businesses.
4. D33 Strategy: The initiative aligns with Dubai’s ambitious D33 strategy, which seeks to double the size of the economy over the next decade. The plan includes supporting 30 private companies to achieve unicorn status and positioning Dubai as a global digital economy leader.
5. Economic Growth: Despite the challenges posed by the Covid-19 pandemic, Dubai has maintained robust growth momentum. The non-oil foreign trade reached Dh2 trillion in 2023, a year ahead of schedule, driven by continued economic growth in the emirate.
6. Positive Business Outlook: Business activity in Dubai’s non-oil private sector economy grew at the fastest rate in almost four years in February 2024. This growth is attributed to a rise in new orders, leading to an improvement in employment rates.

Dubai’s launch of a unified digital platform and its broader economic strategies demonstrate its commitment to creating a business-friendly environment and fostering economic growth. These initiatives are expected to further strengthen Dubai’s position as a global business hub and attract more investors to the emirate.