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Dubai can aim for another year of strong growth in company formations

More than 30,000 companies launched in first six months of 2023



Business sentiment is on the rise, and this will show up in more companies getting launched in Dubai and UAE.
Image Credit: Shutterstock

Dubai: New business activity and launches is heading into another strong growth year, according to Extent AE, the corporate services firm.

“Dubai has been a compelling draw for international investors,” said Dr. Ossama Alasmar, the founder and CEO.

According to estimates, over 30,000 new companies were registered in Dubai during the first-half of 2023, signalling the ‘emirate's resilience and its attractiveness as a prominent business hub.

"Our expansion here is a testament to our commitment to being at the forefront of business excellence," added Alasmar.

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