|
Free Zones Of UAE
- Abu Dhabi Airport Free Zone (ADAFZ)
- Abu Dhabi Global Market (ADGM)
- Khalifa Industrial Zone Abu Dhabi (Kizad)
- Masdar City
- twofour54
- Dubai Airport Freezone (DAFZ)
- Dubai Auto Zone (DAZ)
- Dubai Biotechnology & Research Park (DuBiotech)
- Dubai Cars & Automotive Zone (DUCAMZ)
- Dubai Flower Centre (DFC)
- Dubai Gold and Diamond Park (DGDP)
- Dubai Healthcare City (DHCC)
- Dubai International Academic City (DIAC)
- Dubai International Financial Centre (DIFC)
- Dubai Internet City (DIC)
- Dubai Knowledge Village (DKV)
- Dubai Logistics City (DLC)
- Dubai Maritime City (DMC)
- Dubai Media City (DMC)
- Dubai Multi Commodity Centre (DMCC)
- Dubai Outsource Zone (DOZ)
- Dubai Silicon Oasis (DSO)
- Dubai Studio City (DSC)
- ENPARK
- International Media Production Zone (IMPZ)
- Intl. Humanitarian City (IHC)
- Jebel Ali Free Zone (JAFZA)
- TechnoPark (TP)
- Hamriyah Free Zone (HFZ)
- Sharjah Airport International Free Zone (SAIF-Zone)
- RAK Free Trade Zone Authority (RAKFTZ)
- RAK Investment Authority (RAKIA)
- RAK Maritime City (RAKMC)
- Fujairah Free Zone (FFZ)
- Ahmed Bin Rashid FZ (ABRFZ)
- Ajman Free Zone (AFZ)
|
|
UAE Freezones Biz News Updates
|
|
The UAE explained: What are the new plans for the economy and why?
A Dh50 billion
stimulus package has been rolled out for Abu Dhabi
A raft of reforms were announced on a milestone day aimed at
shoring up the future prosperity of the UAE
Tomorrow 2021
- Crown Prince reveals Tomorrow 2021 plan for Abu Dhabi's economy
- Tomorrow 2021: Abu Dhabi business leaders predict stronger 2019
- The UAE explained: What are the new plans for the economy and why do we need
them?
- Abu Dhabi's plans to liberalise the economy are progressing fast - but how
are other countries planning for post-oil?
- UAE-wide visa changes: Expats imagine life after work in the UAE
On Sunday, the government announced the latest developments to its
previously announced stimulus package, as well as a budget increase for the
upcoming year and the introduction of a visa for retirees.
Just how will these changes affect you? Here's everything you need to know:
Tomorrow 2021
What is it? Tomorrow 2021 is the banner name applied yesterday to Abu
Dhabi's sweeping economic reforms that were announced in June.
Why? Government officials were set a 90-day deadline to put economic reforms
in motion as part of a Dh50 billion stimulus package over three years. The
aim is to diversify Abu Dhabi beyond its reliance on oil income and cement
its status as a growing world power.
What is the plan? Tomorrow 21 is a four-point plan to shape the economic
future of the capital. The idea is to:
Stimulate business and investment, as well as promote economic development
for the private sector and small businesses and support industry projects
for the renewable energy sector.
Improve the lives of UAE nationals by launching new housing projects and
providing quality education at an affordable cost.
Develop the knowledge sector by encouraging technology companies, supporting
research and development centres, and training and developing talent and
expertise.
Enhance the quality of life for all through improved cultural, sporting and
transport initiatives
How will it affect jobs? The package will also include the creation of
10,000 new jobs for Emiratis in private and public sector over the next five
years, while dual licenses will be available for companies in Abu Dhabi free
zones to allow them to work outside free zones and bid for government
tenders.
When will it start? The impact of the Dh50 billion investment programme will
soon be felt. Dh20b will be ploughed into the economy as part of a 2019
development package.
Visa changes: Giving expats a stake in the UAE's future
There are around 8 million non-Emirati residents living and working in the
UAE and their key place in society is being recognised by new reforms rolled
out by the UAE cabinet on Sunday.
Who is eligible? Non-Emiratis over 55 can remain in the UAE for five years
post retirement should they have properties worth at least Dh2 million, have
at least Dh1 million in savings or receive an active income of more than
Dh20,000 per month.
The move comes after major changes to the country's immigration system,
which will allow key workers such as doctors and engineers and their
families to apply for long-term visas for up to 10 years.
Reducing business costs
Sheikh Mohammed bin Rashid also announced support at the Cabinet meeting for
the industrial sector by agreeing to reduce electricity fees for UAE
factories.
Under the plans, larger factories would receive a 29 per cent reduction in
tariffs while small and medium-sized units would have fees reduced by
between 10 and 22 per cent.
Budget increases
On top of the other reforms, UAE President Sheikh Khalifa bin Zayed
announced on Sunday a Dh1.97b budget increase for the current financial year
with money taken from the country's general reserves. It includes an
additional budget of Dh21 million for the Office of the Minister of
Tolerance, a Dh6.82m increase for the UAE General Sports Authority, an extra
Dh3.917m for the National Media Council and a Dh3.5m boost for the Emirates
Space Agency.
The injection of funds has been welcomed by one of the leading figures
spearheading the UAE's space initiatives.
September 17, 2018 |
|
Courtesy The National
|
|
+UAE Freezones
|
Emirates Of UAE
- Abu Dhabi
- Dubai
- Sharjah
- Ajman
- Umm Al Quwain
- Ras Al Khaimah
- Fujairah
Business
- Search
- Trade centers in UAE
- Business in UAE
- How to Start a Business
- Incorporation Services
- Offshore Company
- Company Formation in the UAE
- No tax! - go for UAE free zones
UAE Offshore
- Jebel Ali Offshore
- RAK Offshore
|
Offshore Services |
|
Consultants For UAE Free Zones |
Utilities |
Keep in touch |
|
|
|
|
|
|
©. All rights reserved. | Terms and conditions | Privacy | Best view 1366 X 768 |