U A E F r e e z o n e s
Newsletter February ,2018
15-02-2018 / Issue 95
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UAE logistics firms hold huge growth potential
ddNation well-positioned globally to be among the top logistics hotspots. The UAE's geographical location and infrastructure make the country an ideal supply and re-distribution gateway and offer huge growth potential to logistics companies in the country, according to an industry specialist..Read Full Article
Real GDP growth to accelerate in the Emirates in 2018-19, says BMI

dd Higher oil prices, stronger infrastructure inventories expected to support growth in UAE. Economic growth in the UAE is expected to accelerate over the next two years on the back of higher volumes of infrastructure deployment and steadier oil prices, BMI said on Friday. Real GDP - gross domestic product adjusted for inflation - is expected to grow to 2.8 per cent and 3.3 per cent in 2018 and 2019. Dubai is expected to outperform Abu Dhabi as the UAE's commercial hub is likely to see a flurry of construction activity ahead of its hosting of the Expo 2020. .. Read Full Article

Ajman sets CSR fee for businesses

ddThe DED-Ajman has begun collecting CSR fees since March 1, 2018.,The Department of Economic Development (DED) in Ajman has started collecting Corporate Social Responsibility (CSR) fee from companies and establishments applying for or renewing their commercial licence.
The CSR fee of Dh1,500 is being collected in compliance with the Cabinet Resolution No. (2) of 2018 enacted to establish a framework for CSR contributions in the country. . . Read Full Article

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