Dubai has announced the establishment of a dedicated sports and entertainment free zone, marking a significant step in its efforts to become a top destination for sports and entertainment events. This new business cluster is designed to attract leading businesses from these industries to the emirate. The free zone aims to bring in global brands,...
Dubai has announced the establishment of a new free zone dedicated to sports and entertainment, named the International Sports and Entertainment Zone (ISEZA). This initiative will be located within the Dubai World Trade Centre (DWTC) Free Zone and aims to facilitate licensing for various business activities related to these sectors. ISEZA is touted as a...
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued Law No. (2) of 2025 concerning the Dubai International Financial Centre Courts (DIFC Courts). This legislation aims to regulate both the judicial and administrative functions of the DIFC Courts while complementing existing DIFC regulations. The new law...
Dubai International Financial Centre (DIFC) has partnered with Verition Fund Management LLC, a prominent global multi-strategy hedge fund, to launch an inaugural internship program aimed at university students. This initiative is designed to provide students, including UAE Nationals, with practical experience in the global finance sector The program was announced following the release of DIFC’s...
Sharjah Media City, also known as Shams, has recently awarded a design contract for its forthcoming media production hub, Shams Studios. The design work will be carried out by STUDIOI, a UAE-based engineering firm recognized for its previous projects, including The Park Hyatt Hotel in Riyadh and SHA Island near Al-Jurf, Abu Dhabi. Rashid Abdullah...
Transguard Group, based in the UAE, has entered into a strategic partnership with the DIFC Innovation Hub to promote digital transformation in smart building solutions. This collaboration is noteworthy as Transguard becomes the first and only facilities management (FM) provider to partner with the DIFC Innovation Hub. The goal is to improve efficiency, sustainability, and...
DIFC has announced a proposal for amendments to select laws through the DIFC Laws Amendment Law, Law No. 1 of 2005. These proposed changes are primarily clarificatory and aim to align DIFC laws with international best practices. One significant aspect of the amendments is the enhancement of the Data Protection Law, which will provide additional...
In a significant step toward environmental sustainability, IFZA, Dubai’s vibrant free zone community, has collaborated with its partners to plant 30,000 mangrove trees. This initiative is part of IFZA’s ongoing commitment to ecosystem restoration through their GROW initiative, which includes 500 newly planted trees at the Jebel Ali Wildlife Sanctuary, an area noted for its...
Spring Valley, a UAE-based agro-commodity supplier, is investing AED 184 million to establish a new distribution hub at the Jebel Ali Free Zone (Jafza). This initiative aims to enhance regional food security and is projected to play a crucial role in the UAE’s food supply chain The new facility will cover over 100k square feet...
Emirates Central Cooling Systems Corporation PJSC (Empower), recognized as the world’s largest district cooling services provider, has entered into an agreement with the Dubai Multi Commodities Centre (DMCC). This partnership aims to supply sustainable district cooling services for the next phase of the Uptown Dubai development. The agreement will see Empower provide innovative cooling solutions...