Ras Al Khaimah Economic Zone (RAKEZ) has announced a significant partnership with Koshima, a company recognized for its expertise in Artificial Intelligence (AI) education and consulting. This collaboration aims to empower businesses by providing a practical approach to AI, which enhances operational efficiency, optimizes costs, and fosters business growth. The partnership, which is the first...
The International Free Zone Authority (IFZA) is broadening its international reach, emphasizing its commitment to supporting the growth of the UAE economy. Martin G. Pedersen, the Chairman of IFZA, highlighted that Dubai is increasingly viewed as a launchpad for global entrepreneurs, bolstered by the UAE’s top ranking in the Global Entrepreneurship Index of 2022, where...
The Jebel Ali Free Zone Authority (Jafza) has announced an investment of 90 million dirhams aimed at developing the second phase of its logistics complex. This expansion will add over 360 000 square feet of space to the existing facilities, enhancing Jafza’s capability to support growing business demands. Jafza’s expansion reflects its commitment to bolstering...
The AWS GenAI Loft Dubai is poised to significantly enhance the UAE’s reputation as a leader in AI innovation and investment. Taking place from April 7 to 11, 2025, at the Dubai International Financial Centre (DIFC) Innovation One, this event will gather business leaders, investors, developers, startups, and AI enthusiasts to explore cutting-edge AI technologies...
Sharjah Media City, also known as Shams, has introduced a new service called Mazeed, aimed at empowering entrepreneurs and providing integrated solutions for startups and small and medium-sized enterprises (SMEs). This initiative is designed to simplify business formation and expansion, in an effort to foster a thriving business ecosystem. The Mazeed service offers a diverse...
Indian startups are increasingly choosing Dubai’s free zones as a base for expansion, attracted by the region’s strategic location and business-friendly environment. The trend of Indian enterprises setting up in Dubai is notable, with these companies leading the list of new non-Emirati firms joining the Dubai Chambers. In the first nine months of 2024, Indian...
Ras Al Khaimah Economic Zone (RAKEZ) has been honored at the Annual Asian Arab Awards 2025 for its impressive growth, innovation, and significant global impact. This recognition, presented by the Asian Arab Chamber of Commerce (AACC), identifies RAKEZ as the fastest-growing economic zone in the UAE, highlighting its role as a prominent business hub that...
In 2024, the Jebel Ali Free Zone (JAFZA) attracted 990 new companies, marking a 7.5% increase from the previous year. This brings the total number of companies operating in the free zone to 10 850, reflecting a strong investment confidence in JAFZA and robust demand for business expansion in Dubai and the UAE. The growth...
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Deputy Prime Minister and Minister of Defense, has issued Executive Council Resolution No. (11) of 2025. This resolution governs the operations of free zone establishments wishing to conduct activities outside their designated areas within the Emirate of Dubai. It is important...
Ripple, a leader in enterprise blockchain and crypto solutions, has received approval from the Dubai Financial Services Authority (DFSA) to provide regulated crypto payments and services within the Dubai International Financial Centre (DIFC). This significant milestone makes Ripple the first blockchain-enabled payments provider licensed by the DFSA. The approval represents Ripple’s first license in the...