• Qatar, Iran discuss cooperation in free zones, investment

    DOHA, QATAR -  Minister of State and Chairman of the Board of Directors of the Free Zones Authority Ahmad bin Mohammed Al Sayed, met with Advisor to the Iranian President and Secretary of the Supreme Council of Free and Special Economic Zones in the Islamic Republic of Iran, Hojjatullah Abdul...
  • 9% corporate tax to be effective in UAE in two weeks

    The move aims to foster compliance and business activity, with special exemptions for Free Zone transactions and small enterprises.
  • 9% corporate tax takes effect in UAE from June 1

    The move aims to foster compliance and business activity, with special exemptions for Free Zone transactions and small enterprises.
  • UAE launches project to establish centralized database of industrial companies

    ABU DHABI, UAE - UAE Ministry of Industry and Advanced Technology (MoIAT) Monday launched the Industrial Census project, in collaboration with the Federal Competitiveness and Statistics Center (FCSC), members of the Industry Development Council, and the local statistics centers. The project aims to create a comprehensive database of all establishments...
  • GPSSA clarifies conditions of insured individuals

    ABU DHABI, UAE - The General Pension and Social Security Authority (GPSSA) said that the registration of insured individuals in the private sector with the authority is the first step towards receiving benefits as part of GPSSA’s social insurance system. This is in addition to benefits provided by the NAFIS...
  • Qatar eyes investments ahead of FIFA World Cup

    "We seek to boost long-term partnerships between local and foreign investors to enhance added values and the knowledge transfer, to create more promising opportunities that require technical skills to boost the economic diversification objectives in the country," adds Al Sayed, who is also Chairman of the Qatar Free Zones Authority.
  • UAE free zone residence visas now valid for two years

    The visas currently under process, even those in the last stages of completion, will also be valid for two years only, UAQ Free Zone tells its members.
  • Iraq to build four free-trade zones, two along Jordan and Saudi borders

    Iraq plans to establish free-trade zones adjacent to Baghdad and Najaf airports and another one near the Iraqi-Jordanian border, which is part of a joint economic city and one of the most important future projects. The country is also working to open free-trade zones near the Iraq-Saudi Arabia border.
  • Japan’s Sumitomo will build its largest factory in Egypt

    The facility, to be located in the 10th of Ramadan city, will be built over an area of 150,000 sq. meters, according to a Cabinet statement.
  • Qatari businessmen to explore investment opportunities in Egypt

    The Qatari Businessmen Association discussed investment cooperation with Mohamed Abdel-Wahab, CEO of Egypt’s General Authority for Investment and Free Zones. On a visit to Doha, Abdel-Wahab agreed on coordinating field visits to the Qatari business community to Egypt to discuss investment opportunities. Abdel-Wahab reviewed the investment opportunities for Qatari investors,...
  • Dubai Integrated Economic Zones Authority appoints new leadership team

    Dubai Integrated Economic Zones (DIEZ) Authority has appointed a new leadership team to drive its free zones and central divisions. Amna Lootah was appointed as a Director General DAFZ to lead and implement strategic plans according to the approved structure, driven by its vision, mission, and values. Further, Lootah will...
  • ACME ammonia plant in Oman

    The plant will cost of $3.5 billion and be built in three years.
  • Chabahar port becomes permanent member of World FZO

    The World FZO is a non-governmental, non-profit entity based in Dubai in the United Arab Emirates.