Commerce issued 12 2 thousand licenses during 2021

Official sources at the Ministry of Commerce and Industry revealed that the total number of commercial licenses issued by the ministry in 2021 amounted to 12,279 licenses, including individual licenses, and licenses for people’s companies and public and closed joint stock companies.

The sources stated that the licenses of public and closed joint-stock companies and their branches topped the list of licenses issued in 2021, as they acquired about 48% of the licenses issued during the year, with 5,847 licenses. Individual commercial licenses came with a 20% share of 2446 licenses.

He added that the concentration of licenses for operating and closed joint-stock companies and their branches was during the last two months of the year, with 2533 licenses in November, and 2534 licenses in December, while the remaining small percentage was distributed among the rest of the year.

As for individual commercial licenses, they remained active from the beginning of the year until the end of October before stopping during the last two months of the year, while licenses for people’s companies continued their activity at the beginning and end of the year, while they witnessed a halt during the months of April, May, July, August and December.

By Editor

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