The number of Chinese people investing in Dubai is continuing to rise.
A new report by Dubai's Department of Economic Development found that the number of licences issued to Chinese investors rose by almost 23 per cent last year, when compared to 2017.
Over 6,300 Chinese investors have now established businesses in the Emirate across a wide variety of sectors.
Commercial activities, such as clothing, footwear and textiles, account for the bulk of licences, followed by professional activities and tourism.
ADNOC Distribution reports $579 million net profit in first 9 months
TECOM Group’s 9-month shows 20% revenue growth
DFM reports 212% increase in net profit before tax to AED930.8 million
DMCC unveils plans for new financial centre
UAE cuts key interest rate by 25 basis points
