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The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: [2] 100% foreign ownership of the enterprise
Free-trade zones in Dubai, (FTZs) are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors. There are 26 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business ...
The car will be powered by four electric motors producing 1,600 hp (1,200 kW; 1,600 PS), powering the car's 0–60 mph (0–97 km/h) time in less than 2 seconds. The car will be fully developed and produced in the UAE at W Motors' new factory and will debut as a pre-production car by the end of 2020, with a production launch in early 2021.
Aramex is an Emirati multinational logistics, courier and package delivery company based in Dubai, United Arab Emirates. [2] The company was founded by Fadi Ghandour and Bill Kingson in 1982 in Amman, Jordan. [2] [3] [4] It is the first Arab-based company to be listed on the NASDAQ stock exchange. [2] [5] [6] Aramex is listed on the Dubai ...
The Dubai Multi Commodities Centre (DMCC) is a commodities exchange and free-trade zone in the United Arab Emirates. It is located in the Jumeirah Lake Towers district of Dubai . The DMCC was created in 2002 and deals in four main sectors: precious commodities (e.g., gold, diamonds); energy; steel and metals and agricultural commodities (e.g ...
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The city has a car ownership rate of 541 cars per 1,000 population. This figure exceeds that of cities like New York City [444 cars per 1,000 population], London [345 cars per 1,000 population] and Singapore [111 cars per 1,000 population]. If this trend continues, then by 2020, there will be 5.3 million registered cars in Dubai. [3]
For the list of companies that own and operate freight ships (bulk carriers, car carriers, container ships, roll-on/roll-off (for freight), and tankers), see list of freight ship companies. For shipping agencies, or companies that own and operate tugboats and fishing ships, see the category for shipping companies by country.