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Kuwaitis are among top 10 investors in Dubai restaurants and cafes sector – DED

The number of active business licenses issued to Kuwaiti entrepreneurs in Dubai has reached 2,052, according to a report issued by the Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai. These business licenses have 6507 investors including 6181 businessmen and 326 women entrepreneurs.

Of the licenses issued, 1501 were commercial, 493 were professional, 45 related to industry and 13 in the tourism sector. The report was published coinciding with the official launch of Open Flame Kitchen, Gastronomica’s latest restaurant concept, recently opened in The Dubai Mall.

The report showed that 168 licenses were issued to Kuwaiti businesses in 2018, marking a growth of 35.5% compared to 2017, when 124 licenses were issued. “Restaurants” and “Café” topped the list of Kuwaiti professional activities, and today, Kuwaiti businesses are among the Top 10 nationalities investing in the sector in Dubai.

The BRL report highlighted the distribution of the licenses according to the main areas in Dubai, with Bur Dubai accounting for the most (1138), followed by Deira (914). The top sub-regions were: Burj Khalifa (336), Aayal Nasr (102); Port Saeed (93), Dubai World Trade Centre 1 (90), Al Barsha 1 (81); Mirdif (61); Al Garhoud (56), Jumeirah 1 (54); Al Muraqqabat (49); and Naif (48).

The total number of activities for Kuwaiti companies in Dubai reached 6641. “Readymade garments”, “Electronics” and “Mechanical and Engineering equipment” topped the commercial activities, while “Restaurants”, “Cafés” and “Building and housing cleaning services” topped the professional activities. “Brick and stone industry”, “Publishing and printing services” and “Grinding and packing of foodstuffs” topped the industrial activities, while “Tourism activities”, “Transport, shipping and storage” and “Tourism and leisure consultancy” topped the industrial activities.

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