The Sharjah Economic Development Department, SEDD, announced an increase of more than 100 percent in activities such as e-commerce, delivery services, “Eitimad” licenses, and contracting licenses of the fifth category compared to last year.
In general, the total number of licenses issued and renewed during August 2020 reached 5,788 with a growth rate of 48 percent as against the same period last year according to the license reports issued by the department. The number of renewed licenses hit 5,367 with a percentage of 49 while the issued ones reached 421 with an increase of 28 percent compared to 2019.
Commercial licenses topped the list with 255, followed by professional licenses with 103. “Eitimad” domestic licenses came in third, followed by e-commerce and industrial licenses.
Furthermore, he pointed to the high growth rates in e-commerce licenses, which confirm the change of vision of companies and the orientation towards digital channels, especially during the current time and the changes witnessed in the global economic map to serve the local economy, enhance the movement of investments and achieve sustainable economic development in the emirate.
