(MENAFN) Dubai has been enjoying signals of increasing investor confidence, as it registered a surge in foreign investment as well as business licenses from January to April 2019.
Business optimism is showing more and more in the UAE's Dubai, as it recorded a 35 percent surge in business licenses issued to stand at 9,489 during the four-month period.
During the first quarter of this year, the Business Confidence Index was refreshed to reach 117.8 points from last year's 116.4 points.
Sami Al Qamzi, Department of Economic Development (DED) director-general stated: "launching modern projects that promote trade and civilisation and bring in new investment opportunities is beginning to bear fruit as evident in the number of new licenses issued by the Department of Economic Development and the accelerated growth in the emirate."
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