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DIFC records 14% growth in total number of businesses

DUBAI / WAM The Dubai International Financial Centre (DIFC), announced a record growth in 2019, registering an addition of 493 new businesses for the year. The total number of firms in the centre reached 2,437, up 14 percent from 2018, with a total of 32 percent growth since 2017. The DIFC now counts 17 of the world’s top 20 banks, ...

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DoF launches ‘Month of Smart Pay’

DUBAI / WAM The Department of Finance (DoF), of the government of Dubai on Sunday launched a massive promotional campaign to encourage emirate’s residents to increase their use of smart channels, for paying fees for various government transactions with all Dubai government entities. The campaign is scheduled to start on Sunday and ends on April 7. Abdulrahman Saleh Al Saleh, ...

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German group leasing 14 warehouses in Saif Zone

SHARJAH / WAM The Sharjah Airport International Free Zone (Saif Zone), announced that the Germany-based Schüco International KG is going to base its regional operations in the free zone, after a lease contract was concluded between both entities. Under the agreement, Schüco will lease 14 warehouses covering a total area of 8400 square metre, making it biggest number of warehouses ...

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