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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.
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] Also established in 1995, the SAIF Zone is adjacent to Sharjah International Airport and is currently home to some 2,500 companies.
The origin of the name of Sharjah is unknown, with most common interpretations linking the origin of the word Sharjah to the word sharq (Arabic: شَرْق, lit. 'east') due to the fact that the city is located to the east of Dubai and Abu Dhabi, and that Sharjah was the easternmost settlement at the time.
Al Ghurair Group (Arabic: مجموعة سيف الغرير), also known as Saif Al Ghurair Group, is a Dubai, United Arab Emirates–based business group founded by the Al Ghurair family. [1] A diverse conglomerate, it has operations in the Middle East , North Africa , Europe and North America . [ 1 ]
Zayed Sport City (ZSC) is a large free zone complex in the heart of Abu Dhabi city with a mixed-use of properties and sporting facilities to encourage sport participation. ZSC offers practice facilities for basketball, billiards, football, paintball, and a dedicated ice rink . [ 146 ]
Dubai [a] is the most populous city in the United Arab Emirates and the capital of the Emirate of Dubai, the most populous of the country's seven emirates. [5] [6] [7] As of 2024, the city has a population of around 3.79 million, [8] more than 90% of which are expatriates.
du supports Emiratisation policy of the government of UAE by creating jobs, offering learning opportunities, and encouraging growth and development for UAE Nationals. As of the beginning 2023, Emirati talent made up 40.3% of du's workforce, with 50% consisting of women, and 44% of the senior management.
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 ]
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