Dubai records increase in Chinese investors

Tuesday, August 6th, 2019 8:19am

123 RF / Iakov Kalinin

More than 360 business licences have been issued to Chinese investors in Dubai during the first six months of this year.

That's according to the Department of Economic Development (DED), which says more than half of them were issued for commercial activities.

Professional activities were the second most popular category followed by industrial licences.

The total number of Chinese investors in Dubai during the first half of this year was just under 700.

More from Business

UAE is largest investor in Egypt

The UAE has invested more than AED26.5 billion in Egypt.
Dubai launches World Logistics Passport at Davos

Dubai has launched a major initiative to connect markets in Asia, Africa and Latin America.
UAE recognised for resilience in business

The UAE has been named the world's number one 'mover'.
Dubai tourist numbers reach all-time high

The number of tourists to Dubai hit an all-time high in 2019.
Developer Nakheel appoints new chairman

Developer Nakheel has announced changes to its board of directors following the resignation of its chairman Ali Rashid Lootah.

Coming Up on Dubai Eye

The Best of Dubai Eye 103.8

6:00am - 10:00am

Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

Farmer's Kitchen

10:00am - 11:00am

Helen Farmer's teamed up with Spinneys to bring you amazing dishes to cook at home using ingredients from the stores. Listen to Farmer's Kitchen and learn how to recreate recipes made by top UAE chefs.

On Dubai Eye