Close Menu
Newsweek ArabiaNewsweek Arabia
    Latest Posts

    UAE Treasury Sukuk, bonds auction brings bids worth Dh4.54 billion

    October 31, 2026

    From Patek Philippe to Grand Seiko: Luxury watches to gift this Diwali

    October 31, 2026

    2PointZero Group reports AED9.5 billion in net profit for 9M 2026

    October 31, 2026
    Facebook X (Twitter) Instagram
    Newsweek ArabiaNewsweek Arabia
    Facebook X (Twitter) Instagram
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    Newsweek ArabiaNewsweek Arabia
    Home»Business»SEDD issues 18,921 licences in Q1 2026, 36% growth
    Business

    SEDD issues 18,921 licences in Q1 2026, 36% growth

    Editorial teamBy Editorial teamApril 6, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    SHARJAH, 6th April, 2026 (WAM) — The Sharjah Economic Development Department (SEDD) reported robust economic performance indicators for the first quarter of 2026, with a total of 18,921 business licences issued and renewed, compared to 18,768 licences in the same period of 2025, demonstrating a 1% overall increase.

    The Department reported a significant 36% increase in newly issued licences, reaching 2,991, while renewed licences totalled 15,930 during the same period.

    Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department, stated that these figures demonstrate the strength of the local economy and Sharjah’s continuing appeal as a promising investment destination, supporting the emirate’s sustainable growth trajectory.

    Commercial licences led the new licences issued, numbering 1,671, followed by professional licences at 999. Industrial and “Etimad” licences each recorded 123, while e-commerce licences reached 75. For renewed licences, commercial licences again topped the list at 10,289, followed by professional licences at 4,454 and industrial licences at 867.

    Geographically, the main branch issued 1,510 licences, followed by the industrial areas branch with 841. The Central Region recorded 326 licences, Khorfakkan 195, Kalba 98, and Dibba Al Hisn 21.

    The Department also carried out 44,446 commercial inspection transactions during the first quarter, alongside managing 3,073 consumer protection complaints with a resolution rate of 89%, strengthening market oversight and consumer rights protection.

    Source: Emirates News Agency

    Related Posts

    UAE Treasury Sukuk, bonds auction brings bids worth Dh4.54 billion

    October 31, 2026

    2PointZero Group reports AED9.5 billion in net profit for 9M 2026

    October 31, 2026

    PureHealth nine-month net profit rises 14.1% to AED1.8 billion

    October 31, 2026
    Don't Miss
    Business

    UAE Treasury Sukuk, bonds auction brings bids worth Dh4.54 billion

    By Editorial teamOctober 31, 2026

    The Ministry of Finance (MoF), in its capacity as issuer and in collaboration with the…

    From Patek Philippe to Grand Seiko: Luxury watches to gift this Diwali

    October 31, 2026

    2PointZero Group reports AED9.5 billion in net profit for 9M 2026

    October 31, 2026

    Mohammed bin Rashid: Latifa bint Mohammed is Dubai’s face and voice to the world

    October 31, 2026
    Our Picks

    UAE Treasury Sukuk, bonds auction brings bids worth Dh4.54 billion

    October 31, 2026

    From Patek Philippe to Grand Seiko: Luxury watches to gift this Diwali

    October 31, 2026

    2PointZero Group reports AED9.5 billion in net profit for 9M 2026

    October 31, 2026

    Mohammed bin Rashid: Latifa bint Mohammed is Dubai’s face and voice to the world

    October 31, 2026
    Facebook X (Twitter) Instagram Pinterest
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    • Contact us
    2026. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.