Tag Archives | Free Zone

UAE to offer 100% business ownership outside freezones

UAE to offer 100% business ownership outside freezones

In a move to boost business and bring more expat investors and entrepreneurs to UAE, the UAE Cabinet has approved the 13 sectors and 122 economic activities eligible for up to 100 per cent foreign ownership in the UAE. UAE offers 100% business ownership outside Freezones. In a cabinet meeting I chaired in Abu Dhabi, […]

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proposed site for Burj 2020 Dubai

Work on Dubai’s Burj 2020 to start in 2015

Construction of the world’s tallest commercial tower, Burj 2020, will begin in Dubai in 2015, Ahmed Sultan Bin Sulayem, the executive chairman of Dubai Multi Commodities Centre Authority revealed. The building, which was first announced in July 2013 and named Burj 2020 after Dubai’s successful Expo 2020 bid, was announced on 27 November — would be […]

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Dubai Property Visa

Dubai to launch new residence visa system for property owners

It was not long ago when investors across the globe were lured in to Dubai, tempted with life time residence visas for investing in the property market. After sucking billions of dollars worth of investments in unfinished, overrated projects, it was that there is no such thing as a free-lunch, that is, life time residence […]

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Knowledge Village Dubai

Dubai shuts down three free zone universities

Three universities operating from free zones in Dubai have been closed, while six others are under scrutiny, a top official from Knowledge and Human Development Authority said. Mohammed Darwish, head of the Systems and Control Section at the authority, said that they cancelled the commercial and academic licenses of UEIMS Medical Science University, Mahatma Gandhi […]

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