An increase of 3.4% at the end of the first half of February 2021

60.6 thousand companies operating in free and investment zones in the UAE

The UAE embraces 44 free and investment zones.

Archives

The free and investment zones in the UAE witnessed great activity during the past few months, after they succeeded in attracting more foreign companies to work through them, taking advantage of the incentives they launched last year, and in their entirety, they contributed to increasing their attractiveness and competitiveness, compared to their counterparts in the Arab Gulf region and the East. Middle in general.

In an indication of an increase in activity in the free and investment zones in the country, the number of companies operating in them increased to about 60.6 thousand companies by the end of the first half of February 2021, an increase of 3.4%, compared to the end of February of 2020, according to the figures issued by the National Economic Registry.

The Emirates is distinguished by the presence of more than 44 free and investment zones, distributed over all the emirates of the state, which made the country the first in providing such areas in the Middle East, noting that the specializations of these areas include all activities, foremost among which are: industry, trade, technology, and other Other activities.

Statistics showed that companies operating in free and investment zones accounted for more than 8% of the total number of companies registered in the country by the end of the first half of February 2021. The bulk of the free and investment zones are concentrated in the emirates of Dubai and Abu Dhabi, which explains their acquisition of more than 75%. Of the number of companies operating in these areas.

Dubai and Abu Dhabi acquire 75% of companies operating in free and investment zones.

Follow our latest local and sports news, and the latest political and economic developments via Google news