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

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.