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A free zone authority is a designated economic area governed by its own set of regulations, which differ from those applicable to businesses outside the zone. Companies operating within free zones are typically non-customer-facing businesses, such as those involved in import/export, online operations, and other business activities that do not ...
The establishment of designated freezones in the United Arab Emirates (UAE) traces its roots to the nation's strategic vision for economic diversification.In the late 20th century, recognizing the need to reduce reliance on oil revenue, the UAE embarked on a deliberate initiative to create economic zones that would attract foreign investment, promote international trade, and foster innovation.
Sharjah has two main free trade zones: the seaport and free trade zone of Hamriyah and the Sharjah Airport International Free Trade Zone (SAIF Zone). The Hamriyah Free Zone Authority was established by an Emiri decree issued on 12 November 1995 and consists of a port and associated logistics and trade facilities. [32]
Al Sajaa (also known as Al Saja'a) is a settlement in Sharjah, United Arab Emirates (UAE), located on the Sharjah/Dhaid highway and adjacent to the arterial behind Emirates Road (E611). It is the location of a major industrial area as well as the planned 14 million square feet industrial zone, Al Sajaa Industrial Oasis (ASIO).
Sharjah has been officially named as a WHO healthy city. [6] The 2016 edition of QS Best Student Cities ranked Sharjah as the 68th best city in the world to be a university student. [7] Sharjah is regarded as the cultural capital of the UAE, [8] [9] and was the Islamic culture capital of 2014 [10] and Sharjah World Book Capital for 2019 by ...
See also: List of special economic zones and List of free-trade zones In special economic zones business and trades laws differ from the rest of the country. The term, and a number of other terms, can have different specific meanings in different countries and publications. Often they have relaxed jurisdiction of customs or related national regulations. They can be ports or other large areas ...
Sharjah International Airport is home base of the low-cost carrier Air Arabia. The headquarters of Air Arabia is in the Sharjah Freight Center, [6] on the property of the airport [7] in Sharjah, UAE. [6] The center is an old cargo terminal. It replaced RAF Sharjah, which was closer to the city and was opened in 1932.
SNOC (the Sharjah National Oil Corporation) is an Oil and Gas producer based in Sharjah, UAE. Established by Emiri decree in 2010, SNOC is a corporation wholly owned by the government of the Emirate of Sharjah. [1] [2] SNOC is the operator of the Sajaa Assets located in Sharjah, UAE. The Sajaa Assets consist of four gas fields, a hydrocarbon ...
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