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Volume # 01 | January, 2016

UAE Freezones Biz News Updates

 
Hamriyah Free Zone showcases facilities at London show

The Hamriyah Free Zone delegation exhibited its facilities at the Business Show 2015 in London recently.
 
This two-day interactive event attracted more than 25,000 visitors and 350 exhibitors, said a statement.
 
Saud Salim Al Mazrouei, director of HFZA and Sharjah Airport Internatinoal Free Zone (SAIF Zone) said: “We are determined to make Hamriyah Free Zone Authority  (HFZA)  the most preferred destination for global investment. The event which was comprised of a number of seminars and workshop theatres opened up an excellent opportunity for us to network with entrepreneurs from different segments.”
 
He pointed out that the trade relations between the UAE and the UK are growing. 
 
According to reports,  UAE and Britain have set a target to double the bilateral trade from its current value of Dh140.6 billion ($38.2 billion) by 2020, and  he hopes that this will boost Hamriyah Free Zone’s  trade activities in different sectors.
 
“Many of the businesspersons  in London have been looking forward to improving and branching out their businesses to the Middle East region to sell their products and services . HFZA is a cost-effective destination for them,” said Al Mazrouei.  
 
During the show, the delegation, which  comprised Al Mazrouei and Ali Saeed Al Jarwan, deputy commercial director of HFZA held meetings with SMEs which want to expand their businesses to the UAE.
 
“Now is the perfect time for small companies to expand to the region with new products, services and business ventures,” he added.
 

Courtesy TradeArabia News Service

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