Recent Posts

Dubai Civil Defense and PCFC sign pact to enhance safety and reinforce preventive protocols

DUBAI/WAM The General Directorate of Dubai Civil Defense (DCD) and the Ports, Customs, and Free Zone Corporation (PCFC) have signed a memorandum of understanding (MoU) to strengthen safety norms and protocols. The MoU aims to boost cooperation, promote exchange of expertise and strengthen integration between government entities. The agreement was signed by Major General Jamal bin Aded Al Muhairi, Assistant ...

Read More »

Oraseya Capital invests in seven technology startups through SANDBOX

DUBAI/WAM SANDBOX, the Accelerator programme dedicated to the growth of tech startups, and part of Oraseya Capital, the venture capital investment arm of the Dubai Integrated Economic Zones Authority (DIEZ), today announced the conclusion of its fourth cohort. Seven technology startups received investment from Oraseya Capital, with each startup receiving AED 570,000 (USD 150,000) following their success in the programme, ...

Read More »

Ajman free zones see 18% growth in net profit in H1 2024

AJMAN/WAM The Free Zones Authority of Ajman has maintained its steadfast efforts this year in bolstering the emirate’s economic diversification strategy and stimulating the investment and trade landscape in the emirate, with an increase of 18 percent year-on-year (YoY) in net profit in H1 2024. The Authority reported a 70 percent growth in the number of companies operating in the ...

Read More »
Send this to a friend