Skycity, a subsidiary of Abu Dhabi Airports Company (ADAC) which is responsible for developing and operating the Abu Dhabi Airports Free Zone, has welcomed the first group of customers including a variety of local, regional and international companies to the first phase of the Abu Dhabi Airport Logistics Park.

These companies will enjoy a wide range of Free Zone services such as company registration, licensing, leasing and rapid visa processing for employees in a ‘one-stop-shop’ environment. Some of the other benefits include duties and tax exemptions, foreign ownership, repatriation of capital and profits, and other benefits traditionally offered at any Free Zone setup. Read the rest of this entry »

Dubai Biotechnology and Research Park (DuBiotech), a major life sciences hub in the Middle East and member of the TECOM Investments, recently organized a grand dinner for China-based biotechnology companies. It was attended by His Excellency Gao Youzhen, Consul General of China in the UAE, Mr. Marwan Abdulaziz, Director of Business Development at DuBiotech, senior TECOM representatives among various other existing and potential business partners of DuBiotech. The dinner came as a positive response DuBiotech’s roadshow in China during October last year, comprising of visits to 30 companies in Shanghai and Beijing. Read the rest of this entry »

His Highness Dr Shaikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has issued a decree setting up the Sharjah Health Care City (SHCC) to be supervised by the Sharjah Health Authority.

The SHCC, a health and medical free zone, will be a corporate body with full financial, administrative and legal powers, according to the decree. It aims to promote Sharjah as an international hub for health care and other related activities. Read the rest of this entry »

According to the Minister of Commerce and Industry, H E Sheikh Saad bin Mohammed bin Said al Mardhouf al Saadi, Oman has
witnessed an increasing growth in its economic zones in 2011 with total investment in the industrial estates reaching US$9.4bn.

The government places great importance to the industrial sector, particularly to the industrial zones in the country, as RO100mn have been allotted for expanding as well as improving the infrastructure of industrial estates in the coming phase. Read the rest of this entry »