Dubai Economy Records 132% Increase in DED Trader Licenses

This reflects Dubai Economy’s focus on promoting e-commerce and the competitiveness of Dubai’s economy, as well as its commitment to realizing the vision of the government to drive digital transformation and build awareness about e-platforms that facilitate commercial activities. The numbers show that ‘DED Trader’ has proactively supported the growth of e-Commerce in the UAE and encouraged a growing number of consumers to shop online.

In the midst of COVID-19, e-commerce has been accelerated in the Middle East and around the world.

Since the first quarter of 2020, participants in the industry, including major retailers that sustain e-commerce, have reported significant growth in consumers’ demand’ for e-commerce.

Facilities offered by the Dubai Economy in 2020 with its partners include the participation of merchant permit holders to showcase their products in a “close enough” manner. The licensee can avail of three visas if the ownership is 100 % Emirati and legal liability falls under the licence holder. According to a memorandum of cooperation between the Dubai Economy and the Dubai Public Prosecution, the Dubai Public Prosecution is required to display and promote the products and services of Dubai Economy during 2020 and 2021, providing them with permanent space in the building of the Public Prosecution Authority in order to reach the largest group of the public.

During 2020, Dubai Economy partnered with noon.com, the region’s leading homegrown digital marketplace, to support young Emirati entrepreneurs to showcase their products on Noon Local, which is owned by Noon, to attract the largest number of customers. It also teamed up with Talabat, providing opportunities to display and sell food through the Talabat app; In collaboration with My Fatoorah to facilitate the electronic sale of Merchant License Holders’ products; And it worked with “kiosks” so that merchants could display their products and merchandise free of charge through the kiosk website.