As Jafza marks four decades of operations, DP World GCC CEO reflects on its evolution from a modest cargo base to one of the world’s most advanced trade ecosystems
DP World has since replicated Jafza’s model across 11 zones globally, including in the UK, India, Dominican Republic, and Somaliland
New licensing categories offer greater flexibility for asset management, investment holding and regional oversight
The DET has the authority to issue licenses allowing free zone establishments to operate in mainland Dubai or to open branches within the emirate
It aims to foster a unique, collaborative ecosystem to support and accelerate the industry’s growth
The AI Centre will occupy two floors and integrate DMCC’s other tech-focused platforms, including the DMCC Crypto and Gaming Centres
The new acquisitions and developments will boost TECOM Group’s portfolio of commercial leasing gross leasable area (GLA) to over 10 million square feet
According to the latest figures, the DWTCA Free Zone saw a substantial 21 per cent rise in the number of tenants, reaching 2,735 in H1
Jochen Knecht, CEO at IFZA, shares how the free zone is committed to empowering startups with the tools, resources, and support they need to succeed in a rapidly evolving business landscape
Businesses operating in UAE free zones must review the FTA’s latest guidelines to ensure compliance and take advantage of the 0 per cent corporate tax rate on qualifying income
The free zone authority shared that a total of 2,692 new companies joined DMCC last year
The evaluation of the UAE’s Free Zone Corporate Tax regime was part of the OECD’s comprehensive review of taxation regimes worldwide
The new decisions reflect the significant role of free zones in the UAE’s economic diversification strategies
Dubai Chamber of Digital Economy launched an essential resource for a business to setup in the emirate
New and existing DMCC member companies will be able to earn Business Rewards points on company set-up packages, services, business licensing, referrals and visa renewals
The free zone introduced the ‘Intelak Incubators’ initiative in H1, offering tailored accelerator and incubation programmes to startups
The MoHRE revealed that over five million employees from across the UAE had signed up for the unemployment insurance scheme by June
DMCC is now home to more than 23,000 member companies from across the world
The group’s Q1 revenue touched Dhs514m, a 6 per cent year-on-year increase on the back of sustained occupancy levels and high retention rates
The rise represents an 8.4 per cent year-on-year increase, and an average annual increase of 13.7 per cent over the last five years
RAK Digital Assets Oasis will open for applications in Q2 2023
DAFZA will also cancel fines issued to companies