Dubai Department of Economic Development (DED)

01 Dec Dubai Department of Economic Development (DED)

DUBAI DEPARTMENT OF ECONOMIC DEVELOPMENT (DED)
The Department of Economic Development has the responsibility of implementing the economic and commercial policy of Dubai. The Department provides business licenses and conducts the necessary studies to encourage and promote the private sector.

DED supports the environment for sustainable economic development to improve the economic well-being and prosperity of Dubai and the United Arab Emirates, developing and improving economic policy and legislation, providing efficient services to investors, local and international businesses and to support the growth of key sectors.

DED aims to ensure communications are consistent, relevant and timely to traders through automation, on-line services and streamlining processes.

DUBAI FOREIGN INVESTMENT OFFICE (DUBAI FDI)
Dubai FDI is a section of the DED and is committed to set Dubai as an international hub for foreign investment.

Dubai FDI aims to reach out to potential investors through a network of global support and collaboration with the local, federal and private investment promotion agencies.

The FDI assists in identifying specific sectoral opportunities, providing contacts via a network governmental and non-governmental stakeholders. The FDI has built a growing network of international investment promotion agencies and business facilitators to reach investors around the world, enabling them to be leaders in the development of Dubai.

DUBAI SME
In 2002, Dubai SME has been incorporated as an agency within the Department of Economic Development. It offer resources and expertise for the development of small and medium- sized enterprises on the territory.

SMEs are the basis of the success of the business community in Dubai. Dubai SME offers services to stimulate innovation, excellence and entrepreneurial development through initiatives and tools made available to entrepreneurs.

In 2011, the Dubai SME100 initiative was launched, a ranking system for the most innovative and promising companies in the country, aimed at attracting the attention of international investors to entrepreneurial excellence in Dubai.