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free zones

UAE free zones handle exports worth $61bn in 2017

Exports by companies registered with the UAE's free zones amounted to Dh225.5 billion ($61.39 billion) in 2017, a growth of 6.6 per cent from the previous year, according to the UAE Central Bank. The free zone exports accounte

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UAE free zone exports hit $61 billion

The exports from UAE's free zones amounted to Dh225.5 billion ($61.39 billion) in 2017, a growth of 6.6 percent from the previous year, according to the UAE Central Bank's annual report.   The free zone e

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Oman’s PEIE, SQU to establish free zones research chair

Oman’s Public Establishment for Industrial Estates (PEIE) has signed an agreement with Sultan Qaboos University (SQU) for the establishment of a research chair on industrial estates and free zones. Through this agreement, PE

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AIM to highlight importance of free zones

The role of free zones in shaping and promoting competitive economy will be discussed at the Annual Investment Meeting (AIM) which will take place next month in Dubai, UAE. The event aims to encourage international investments and

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Free zones, transparency to boost Abu Dhabi real estate

The creation of free zones and transparency of the property market will be key to attracting foreign investment into the Abu Dhabi real estate sectors, said an industry expert ahead of an upcoming industry event. Cityscape Abu Dha

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UAE ministry, free zones discuss joint promotional efforts

The UAE Ministry of Economy recently met with officials of several free zones at its headquarters in Abu Dhabi to strengthen strategic partnerships and mutual cooperation. The participants exchanged views on foreign events and par

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Saudi Arabia mulls free zones at Riyadh, Jeddah airports

Saudi Arabia's aviation regulator is in talks with government agencies to set up free zones at Jeddah and Riyadh airports as part of a long-term plan to diversify the kingdom's economy away from oil, its chairman said. &qu

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Saudi Arabia mulls free zones at Riyadh, Jeddah airports

Saudi Arabia's aviation regulator is in talks with government agencies to set up free zones at Jeddah and Riyadh airports as part of a long-term plan to diversify the kingdom's economy away from oil, its chairman said. &qu

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Rents fall in Dubai free zones, says CBRE

Average rental rates in Dubai's free zones have dropped significantly since Q3 due to lower demand for office space, said a report. The report, by CB Richard Ellis Middle East (CBRE), said declining office demand is already having

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Tecom, du sign WiFi deal

Tecom Investments, a member of Dubai Holding, has signed a deal with du, the UAE’s new telecom provider, to offer WiFi services from April, in public areas within its free zone clusters – Dubai Internet City (DIC), Dubai Media City (DMC) and Knowl

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