Tag Archives: freezones

AUS Enterprises, a new holding company established by Amiri decree in 2015 to develop projects for the American University of Sharjah (AUS), is to establish an economic free zone dedicated to research and development. According to UAE newspaper The National, the first phase of the AUS Research, Technology and Innovation (RTI) Park* is expected to be completed in 2018 and ...

Sharjah Media City Free Zone has now been established by royal decree, which orders the creation of a competitive and sustainable tax-free zone city with world-class infrastructure and services. The new zone will have legal independence over licencing and media regulations, although governed by the laws of the United Arab Emirates and Sharjah. The move follows in the wake of ...

Sharjah Economic Development Department (SEDD) is targeting new growth from Sharjah’s manufacturing and industry and aims to provide even higher levels of support to the sector. The Industrial Affairs Department, which was established in 2014, estimates that the contribution from the industrial sector to Sharjah’s GDP (gross domestic product) may grow from its current 14 percent to as high as 25 ...

Sharjah Asset Management, the investment arm of the Government of Sharjah, has announced the launch of a new 14 million square foot industrial estate near Sharjah International Airport. Al Saja’a Industrial Oasis is expected to be one of the largest industrial projects in the region, initially offering 353 plots to investors on freehold or leasehold basis. Sharjah has developed a ...

Sharjah Airport International Freezone (SAIF Zone) has registered 800 new companies during the first six months of 2014 and expects similar growth during the second half of the year, according to an interview given to the Gulf News by the Director of SAIF Zone Saud Salim Al Mazrouei. SAIF Zone now has 6,700 companies located in the 13 million square ...