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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 26 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 ...
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . Their legal status varies from being a part of government to stock companies with a state as a regular stockholder .
Free zone companies can run business within the relevant zone or outside the UAE. Some free zones (including ADGM, JAFZA, DMCC, RAK FTZ) allow for inward re-domiciliation of foreign companies, which means a transfer of a corporate seat of an existing company from abroad to the UAE free zone. [3] There are a few Free Zones in UAE [4] that offer ...
Adcom Yabhon N Series drone at the 2013 Paris Air Show. Adcom began producing drones as early as 2002 in the United Arab Emirates. The company rose to the challenge of producing unmanned combat aerial vehicle (UCAV) for the United Arab Emirates Air Force as a result of the United States denying the sale of General Atomics MQ-9 Reaper technology.
More than 85% of the UAE's economy was based on oil exports in 2009. [2] [3] While Abu Dhabi and other UAE emirates have remained relatively conservative in their approach to diversification, Dubai, which has far smaller oil reserves, was bolder in its diversification policy. [4] In 2011, oil exports accounted for 77% of the UAE's state budget. [5]
Edge was the official Advanced Technology Partner at the Dubai Airshow 2019. [12] The Group's 11 participating entities showcased their range of capabilities, which included unmanned aerial vehicles, and long-range munitions including the UAE-made ADASI RW-24.
This list displays all UAE companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
It includes a thousand companies and is the only free zone where you can live and work. [3] In 2005, Dubai Silicon Oasis was appointed as an independent authority according to Decree No. 16, and that Dubai Silicon Oasis Authority (DSOA) has received its land spanning an area of 7.2 million square meters, to continue the establishment process of ...
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