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Peter Fort, RAK FTZ CEO, shared the benefits of the special economic zone at a seminar in November hosted by the Arab Brazilian Chamber of Commerce in Sao Paulo, according to a report from the Brazil-Arab News Agency ANBA. The free zone already hosts 25 companies from Brazil. The cost of setting up a business in RAK FTZ is lower than it is at free zones in other emirates, allowing small and medium-sized companies to increase their return on investment. "What sets us apart from other free trade zones is the fact that we offer packages for smaller businesses,” Mr Fort said. “Our starter package costs US$5,000 a year, whereas other free zones in the UAE focus on very large companies." The goal of the seminar was to show Brazilian executives the advantages of operating from RAK FTZ.....Learn More
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The pharmaceutical and healthcare sector in Jebel Ali Free Zone (Jafza), the flagship free zone of Dubai and the UAE, has seen robust growth consistently in the last several years. The sector generated trade worth Dh 10.1 billion in 2013 posting an impressive increase of over 29 per cent over the trade it generated in the preceding year. The Free Zone expects similar growth in the current fiscal and also in coming years. Jafza will be participating in the Arab Health 2015, which is going to ...Learn More
Saud Salim Al Mazrouei, Director of Sharjah Airport International Free Zone, SAIF Zone and Hamriyah Free Zone Authority, HFZA, led a high-level delegation to Tokyo to further explore the Japan market in order to utilise its potential for both sides. The team actively participated in the recently concluded Nepcon Japan, Asia's largest exhibition for electronics. "Trade between the UAE and Japan has been prospering and the value of two-way trade between Japan and the UAE during the first six .. Learn More |
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