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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.
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.
As part of its plans to achieve economic diversification by 2030, the Abu Dhabi Government drew up plans to launch a multibillion-dollar industrial park and ports operation on a greenfield site in Taweelah (adjacent to the newly built Khalifa Port) which would become the emirate's first industrial free zone offering 100 per cent foreign ownership. [2]
Imam Khomeini Airport city Free Zone, Tehran Province; Farzazan Pars Company, Tehran Province ... Abu Dhabi. Khalifa Port Free Trade Zone [28] Dubai
Abu Dhabi Ports PJSC was established by Emiri Decree in 2006. [5] [6] Through organic growth and partnerships in 2021 AD Ports Group was established bringing together all subsidiaries as an integrated business across five clusters – Digital, Economic Cities & Free Zones, Logistics, Maritime and Ports.
Masdar City Free Zone is a prominent hub within Masdar City, recognized for fostering innovation and sustainability. Home to over 1,000 organizations, the Free Zone provides an ecosystem that supports a diverse range of businesses, from startups and SMEs to multinational corporations.
Dubai, the most populous city in the United Arab Emirates Map of the United Arab Emirates. The table below shows a list of every city in the UAE with a population of at least 10,000, listed in descending order.
Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4] In April 2021 Dubai CommerCity launched, a free zone dedicated to e-Commerce. [5] The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai. [6]
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