Dubai Department of Economic Development launches new online ‘Business Dashboard’ for investors

Published July 20th, 2010 - 08:59 GMT

The Department of Economic Development (DED), today, introduced a new 'Business Dashboard' on its website, The initiative is part of DED's efforts to help businesses and investors save time and effort by completing the business registration process swiftly and at their convenience on-line.

In addition to a new segment, 'Business Pulse', which gives an overview of the current economic and business trends, 'Business Dashboard' serves as a one-stop facility for a range of business services. These include reserving the trade name, renewal of trade name reservation, updating the trade license data, free re-printing of the trade license, renewal of licenses, enquiries about the status of the transaction, and electronic payment. The most recent service added is electronic initial approval of licenses permits for most activities.

The site also provides a "Step by step" service, electronic newsletters and "Rasaeli", which allows investors to contact DED staff through an account on the website. Investors can also inquire about the commercial activities, the number of licenses issued as per activity, the addresses of companies, and the estimated fees for the issuance of a license or its renewal.

Mohammed Shael, CEO, Business Registration and Licensing Division, DED, said: "The new 'Business Dashboard' will simplify several licensing procedures and further ease the process of setting up businesses with the minimum of procedures and paperwork. It is in line with our strategic objective of creating an investor-friendly environment and encouraging investors to regard Dubai as their investment destination of choice."

In line with DED's objective to make doing business easier, the website will soon introduce other interactive and innovative sections such as the 'eGuide' with explanatory video clips of high-sound quality to assist customers in identifying the nature of the service, as well as illustrations that outline the various steps. The 'eGuide' service will be available later this year – to complement DED's move to its new premises in Business Village.

DED's business registration system is expected to be linked with other government departments and some private companies such as banks, insurance companies and real estate companies to assist investors in obtaining information on all key aspects of the economy from a single source. 

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