In compliance with the new economic policy of UAE, Abu Dhabi is moving rapidly towards advancement in business, industrial and other sectors. For this purpose, an important step is the establishmentof free zones. Currently, Abu Dhabi has second highest number of free zones in UAE after Dubai while few new free zones are under-construction in…
Abu Dhabi is deficient of free zones as compared to Dubai. But that doesn’t mean by any way that it is any way short of the quality of free zones available in Dubai. Abu Dhabi provides all the important facilities that are required by free zones of various types. It is the reason that many…
The authority of Dubai for all types of businesses in free zones inside UAE is undisputed. But there is at least one free zone in Abu Dhabi that is comparable to any related free zone in Dubai. twofour54 is an exclusive free zone in Abu Dhabi dedicated to media industry. Since its foundation in 2008,…
Abu Dhabi is in the process of transforming its economy. Abu Dhabi has large reserves of oil and its economy was primarily based on export of oil and petroleum products. But everything changed after 2014 oil crisis. Abu Dhabi and UAE as a whole decided to change its economy from oil-based to knowledge-based in order…
The importance of free zones for UAE’s economy is not unknown. It is the reason that all the emirates of UAE are trying their best to introduce more and more free zones and provide exceptional facilities to companies setting up their business there. Like other major business activities, Dubai is ahead of other emirates by…
In order to promote foreign investment in UAE mainland, UAE recently introduced several reforms. One such important step is allowing 100% company share to foreign entrepreneur. Previously, they were only allowed maximum 49% shares in businesses in UAE while 100% shares for foreigners were only allowed in various free zones. This was an important reason…