Ministry of Investment issues 2,728 licenses in Q2 2024

05/08/2024 Argaam Special
Logo ofThe Ministry of Investment

Logo of The Ministry of Investment

The Ministry of Investment issued nearly 2,728 licenses in Q2 2024, a rise of about 50% year-on-year (YoY), after excluding the licenses issued under the National Anti-Commercial Concealment Program (Tasattur).

 

Compared to Q1 2024, the number of investment licenses decreased 13% from around 3,157.

 

The following table shows the development of investment licenses since the first quarter of 2020:

 

Investment Licenses since 2020*

Period

Number of Licenses

Growth Rate

Q1 2020

351

+19%

Q2

156

(46%)

Q3

307

+22%

Q4

449

+55%

Q1 2021

476

+35%

Q2

528

+234%

Q3

854

+178%

Q4

976

+117%

Q1 2022

1216

+156%

Q2**

935

+78%

Q3**

929

+9%

Q4**

1282

+31%

Q1 2023**

1637

+35%

Q2**

1824

+94%

Q3**

2194

+136%

Q4

2884

+125%

Q1 2024

3157

+93%

Q2

2728

+50%

*The data does not include licenses issued under the campaign to rectify the status of violators of Tasattur. 
*Updated data

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.