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Free zones in Dubai are managed and operated by the relevant authority. For instance, the Jebel Ali Free Zone Authority in Dubai is responsible for managing, operating and supervising the Jebel Ali Free Zone, one of the largest seaport free zones in Dubai. It has a subsidized rate of 32 percent on the country's Foreign Direct Investment (FDI).
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: 100% foreign ownership of the enterprise
2025 Mulhouse stabbing attack. A 69-year-old Portuguese man is killed and seven other people are injured in a mass stabbing attack by a 37-year-old man at a market in Mulhouse, France. The stabbing is being treated as a suspected Islamic terrorist attack. Kivu conflict. 2025 Bukavu offensive
Jebel Ali Free Zone (Jafza) is the flagship free zone of DP World, and is an integral part of DP World UAE's integrated business hub. Created under a Ruler's Decree, Jafza commenced operations in 1985 with 19 companies offering standard size office units and warehouses to provide ready-built facilities to customers. [ 1 ]
It specialises in cargo logistics, port terminal operations, maritime services and free trade zones. Formed in 2005 by the merger of Dubai Ports Authority and Dubai Ports International, DP World handles 70 million containers that are brought in by around 70,000 vessels annually. This equates to roughly 10% of global container traffic accounted ...
Egypt has nine free-trade zones: [2] Alexandria Public free Zone; Damietta Public Free Zone; Ismailia Public Free Zone; Keft Public Free Zone; Media Production City Free Zone; Nasr City Public Free Zone; Port Said Public Free Zone; Shebin El Kom Public Free Zone; Suez Public Free Zone
Egypt could begin transitioning from subsidising essential commodities to providing direct cash assistance to its poorest citizens as early as the next fiscal year (July to June), Prime Minister ...
DAFZ was established in 1996. It came into being as a part of the Dubai government's strategic plan to make Dubai an investment-driven economy. Today, it is one of the fastest-growing and pioneering free zones in the region, contributing to around 4.7 percent of Dubai's gross domestic product) It allows international investors a completely duty-free business setup and execution of services ...