fevereiro 5, 2019

Dubai plans new free trade zone to offer 100% foreign ownership

Dubai plans new free trade zone to offer 100% foreign ownership

1 minuto State-developer Dubai South said on Monday it aimed to spend Dh2 billion to build an e-commerce free trade zone offering foreign firms 100 per cent ownership. Foreigners operating outside of free trade zones in Dubai and the wider United Arab Emirates can usually only hold a maximum 49 per cent stake, with UAE nationals holding the rest. The new 920,000 square metre trade zone, known as EZDubai, aimed to attract e-commerce, logistics and other related industries, the developer said, adding that construction Leia mais

ECC wants expedited utilities provision at special economic zones – Pakistan

ECC wants expedited utilities provision at special economic zones – Pakistan

1 minuto The ECC meeting presided over by Minister for Finance Asad Umar also approved Rs833 million to clear dues to the employees of Pakistan Machine Tool Factory (PMTF).  The meeting – cut short by an engagement of Prime Minister Imran Khan – deferred discussions on measures for better placement of human resource abroad at improved wages.  In a presentation, Chairman Board of Investment (BoI) Haroon Sharif informed the ECC that not more than 10pc electricity and gas was available at all the 10 Leia mais