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List Of Free Trade Zones In Dubai
Free-trade zones in Dubai, (FTZs) are special economic zones set up with the objective of offering tax concessions and customs duty benefits to expatriate investors. There are more than 30 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business licenses to foreign-owned businesses. Each Free Zone is designed around one or more industry categories and only offers licenses (e.g. for a Free Zone Enterprise (FZE)), to companies within those categories. Most of the free zones in Dubai broadly offer trading, services, and industrial licenses to investors looking to set up their businesses. Background 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free-trade Zone
A free-trade zone (FTZ) is a class of special economic zone. It is a geographic area where goods may be imported, stored, handled, manufactured, or reconfigured and re- exported under specific customs regulation and generally not subject to customs duty. Free trade zones are generally organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade. Definition The World Bank defines free trade zones as "small, fenced-in, duty-free areas, offering warehousing, storage, and distribution facilities for trade, transshipment, and re-export operations". Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services. Synonyms Free-trade zones are re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai Science Park
Dubai Science Park (DSP) was established in 2005 and is home to more than 350 companies from multinational corporations to SMEs employing over 3,600 people. It is the region's first science-focused business community, created to position the United Arab Emirates as destination for research and development, prototyping, creativity and innovation in areas of human, plant, material, environmental and energy sciences. Located in Al Barsha South, it is accessible from Umm Suqeim, Sheikh Zayed and Sheikh Mohammad Bin Zayed roads. Public bus transport is available via Route F36 from the Mall of the Emirates. It is located approximately 30 minutes from the Dubai International Airport. The company is a subsidiary of the Government of Dubai's holding company, Dubai Holding Dubai Holding ( ar, دبي القابضة) is Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum's personal investment portfolio, which owns 99.67% of the capital. It is a global investment holding company. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neighbourhoods In The United Arab Emirates
A neighbourhood (British English, Irish English, Australian English and Canadian English) or neighborhood (American English; see spelling differences) is a geographically localised community within a larger city, town, suburb or rural area, sometimes consisting of a single street and the buildings lining it. Neighbourhoods are often social communities with considerable face-to-face interaction among members. Researchers have not agreed on an exact definition, but the following may serve as a starting point: "Neighbourhood is generally defined spatially as a specific geographic area and functionally as a set of social networks. Neighbourhoods, then, are the spatial units in which face-to-face social interactions occur—the personal settings and situations where residents seek to realise common values, socialise youth, and maintain effective social control." Preindustrial cities In the words of the urban scholar Lewis Mumford, "Neighbourhoods, in some annoying, inchoate fashi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geography Of Dubai
Dubai is situated on the Persian Gulf coast of the United Arab Emirates and is roughly at sea level ( above). The emirate of Dubai shares borders with Abu Dhabi in the south, Sharjah in the northeast, and the Sultanate of Oman in the southeast. Hatta, a minor exclave of the emirate, is surrounded on three sides by Oman and by the emirates of Ajman (in the west) and Ras Al Khaimah (in the north). The Persian Gulf borders the western coast of the emirate. Dubai is positioned at and covers an area of , which represents a significant expansion beyond its initial designation due to land reclamation from the sea. Dubai lies directly within the Arabian Desert. However, the topography of Dubai is significantly different from that of the southern portion of the UAE in that much of Dubai's landscape is highlighted by sandy desert patterns, while gravel deserts dominate much of the southern region of the country. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Dubai
The economy of Dubai represents a per capita gross domestic product as of 2022 of US$ 46,665. Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, announced that the UAE’s non-oil trade over 10 years totalled Dhs16.14 trillion (4,4 trillion US dollars). The UAE GDP jumping from $407 billion in 2021 to $440 billion in 2022 and $467 billion next year. Similarly, per capita GDP will also expand from $43,868 last year to $46,665 this year and $48,822 in 202 The International Herald Tribune has described it as "planned free-market capitalism." Petroleum industry, Oil production, which once accounted for 50% of Dubai's gross domestic product, contributes less than 1% today. In 2018, wholesale and retail trade represented 26% of the total GDP; transport and logistics, 12%; banking, insurance activities and capital markets, 10%; manufacturing, 9%; real estate, 7%; construction, 6%; tourism, 5%. Dubai became important ports of call for Western manufacturers. Most of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Financial Districts
A financial district is usually a central area in a city where financial services firms such as banks, insurance companies and other related finance corporations have their head offices. In major cities, financial districts are often home to skyscrapers and other buildings of architectural importance and are called financial centres; such major centres also include important financial utilities such as stock exchanges and the offices of the main financial regulatory authorities. {{TOC80 List Notable financial districts around the world include the following: Africa Algeria *Algiers (الجزائر): Bab Ezzouar (باب الزوار) Kenya * Nairobi: Upper Hill Nigeria * Lagos: Lagos Island, Marina Mauritius *Port Louis: Place D'armes Morocco *Casablanca (الدار البيضاء): Anfa (أنفا), Maârif (المعاريف), Sidi Belyout (سيدي بليوط), Sidi Maârouf (سيدي معروف), Bouskoura (بو سكورة) South Africa *Johannesburg: Sa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Offshore Financial Centres
An offshore financial centre (OFC) is defined as a "country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy." "Offshore" does not refer to the location of the OFC, since many Financial Stability Forum– IMF OFCs, such as Delaware, South Dakota, Singapore, Luxembourg and Hong Kong, are located "onshore", but to the fact that the largest users of the OFC are non-resident, i.e. "offshore". The IMF lists OFCs as a third class of financial centre, with international financial centres (IFCs), and regional financial centres (RFCs); there is overlap (e.g. Singapore is an RFC and an OFC). The Caribbean, including the Cayman Islands, the British Virgin Islands and Bermuda, has several major OFCs, facilitating many billions of dollars worth of trade and investment globally. During April–June 2000, the Financial Stability Forum–International Monetary Fund produced the first l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Company Registers
This is a list of official business registers around the world. There are many types of official business registers, usually maintained for various purposes by a state authority, such as a government agency, or a court of law. In some cases, it may also be devolved to self-governing bodies, either commercial (a chamber of commerce) or professional (a regulatory college); or to a dedicated, highly regulated company (i.e., operator of a stock exchange, a multilateral trading facility, a central securities depository or an alternative trading system). The following is an incomplete list of official business registers by country. Types of registers A business register may include data on entities, as well as on their status for various purposes. Examples of such registers include: * company register — a register of legal entities in the jurisdiction they operate under, for the purpose of establishing, dissolving, acquisition of legal capacity and (in some cases) juridic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Free Trade Zones In UAE
Free-trade zones in the United Arab Emirates are areas that have a special tax, customs and import regime, and are governed by their own framework of regulations (with the exception of UAE criminal law). Background The UAE has a number of free zones across Dubai, 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 * 100% import and export tax exemptions * 100% repatriation of capital and profits * Corporate tax exemptions for up to 50 years * No personal income taxes * Assistance with labor recruitment, and additional support services, such as sponsorship and housing. Each Free Zone is designed around one or more business industry categories and only offers licenses to companies within those categories. An independent Free Zone Authority (FZA) governs each free zone, and is the ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meydan Free Zone
Dubai Meydan City is a new development under construction in the Ras Al Khor area of Dubai, UAE. The project was launched on the eve of the 2007 Dubai World Cup. The entire development will cover more than GFA (gross floor area) on a land size of around . Meydan city is expected to be completed in 2020, while Meydan Racecourse officially opened on 27 March 2010. The development includes hotels, sky-bubble restaurant, entertainment, clubs, a concourse plaza, IMAX movie theater, towers and a boat-house. Attractions Meydan Racecourse Meydan Racecourse is able to accommodate over 60,000 spectators in a 1 mile long grandstand. When not used for races it will serve as a business and conference integrated facility. A horse racing museum and gallery are also planned. The development also includes a 9-hole golf course. The Meydan Racecourse includes Meydan Marina, The Meydan the world's first 5-star trackside hotel with 285 rooms, 2 race tracks and the Grandstand, which c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Humanitarian City
International Humanitarian City (IHC) is a Dubai, United Arab Emirates, based global hub for humanitarian emergency preparedness and response, which positions itself as the world's largest aid hub. Founded in 2003 by the Ruler of Dubai, Mohammed bin Rashid Al Maktoum, it is a major logistics centre for the international distribution of humanitarian aid and relief, with over 130,000 square metres of warehousing and logistical support facilities. IHC is a UAE free zone and is near Dubai Industrial City to the southwest. Global aid IHC hosts nine United Nations agencies and more than 85 NGOs and commercial entities engaged in delivering aid both in humanitarian crises and to support long-term economic development. It is home to UNHCR's global stockpile of humanitarian aid. IHC is one of three organisations, together with Emirates and DP World, behind the Vaccine Logistics Alliance, which supports the World Health Organization's (WHO) COVAX initiative and its efforts to distribute tw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai World Trade Centre
The Dubai World Trade Centre (DWTC) ( ar, مركز دبي التجاري العالمي), historically called Sheikh Rashid Tower, is a 38-storey and a height 184 m skyscraper in Dubai, United Arab Emirates, which was erected in 1979. It is a purpose-built complex for events and exhibitions. The building is featured on the 100 dirham bank note. With over 1.3 million square feet of covered exhibition and event space, comprising 21 halls and over 40 meeting rooms across 3 floors, Dubai World Trade Centre hosts over 500 events annually. In 2015, the venue held 396 trade events and welcomed over 2.74 million visitors. History Built in 1979, designed by John R Harris and Partners (JRHP), the Sheikh Rashid Tower, as it was known back then, was amongst the earliest skyscrapers to be constructed in Dubai. Renamed after the late Sheikh Rashid Bin Saeed Al Maktoum, the 39-story Sheikh Rashid Tower no longer stands alone as it did when it was first built. It was inaugurated by Queen Elizabet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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