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This acquisition made Gulftainer the largest port operator in the Middle East with regard to the number of terminals managed. [7] Sharjah Inland Container Depot. In June 2014, Gulftainer signed a 35–year concession with the Canaveral Port Authority in Florida, USA to operate and develop its container and multipurpose cargo terminal.
Investors can either register a new company in the form of a Free Zone Establishment (FZE) or simply establish a branch or representative office of their existing or parent company based within the UAE or abroad. An FZE is a limited liability company governed by the rules and regulations of the Free Zone in which it is established.
The defining characteristics are that they have a distinct legal form and they are established to operate in commercial affairs. While they may also have public policy objectives, GOCs should be differentiated from other forms of government agencies or state entities established to pursue purely non-financial objectives.
Sharjah is the only emirate which has ports on the Arabian Gulf's west coast and east coast with direct access to the Indian Ocean. [4] In 2010, the Hamriyah Free Zone Authority (HFZA) commissioned and AED 800 million contract for infrastructure expansion and development. It was set to increase its port capacity by up to 80% upon completion. [5]
The executive authority and head of the government is the Ruler of Sharjah, Sheikh Sultan bin Muhammad Al-Qasimi. [1] The Ruler of Sharjah appoints the Sharjah Executive Council, [ 2 ] [ 3 ] which is led by the crown prince of Sharjah and is responsible for the day-to-day management of Sharjah Government agencies such as the Sharjah ...
Mark Wahlberg is taking the term “beach body” to the next level.. In photos shared exclusively with PEOPLE, the actor, 53, was spotted showing off an ultra-muscular physique while vacationing ...
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The port is administered by the Department of Seaports and Customs, Government of Sharjah. The port is part of a free trade zone for companies and a center for export and re-export to other world markets. Principal deepwater port activities include petrochemical exports, general cargo and two container terminals with alongside berth depths of ...