Dubai, UAE – The Dubai Integrated Economic Zones Authority (DIEZ) reported a 5% year-on-year increase in total revenue and a 34% surge in overall EBITDA in the first half of 2023.
The organization also achieved a 10% growth in revenue from leasing operations, a 36% growth in revenue from government services and a 39% growth in licensing revenues in the initial half of the year compared to the same period last year.
DIEZ’s three economic zones, the Dubai Airport Free Zone DAFZ, Dubai Silicon Oasis and Dubai CommerCity, achieved a combined 17% year-on-year growth in revenue and 20% growth in EBITDA in H1 2023.
Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DIEZ, said: “Our robust momentum of growth encourages us to continue strengthening our strategic plans to enhance the contribution of free zones to Dubai’s GDP to AED250 billion by 2030.”