free zone in dubai

The UAE was a pioneer in harnessing the value of SEZs to attract foreign investment, driving growth in a more diverse range of economic activity with the launch of free zones in 1985. These free zones …

UAE bank transfers hit $412bn in January

The value of transfers executed in the UAE banking sector through the UAE Funds Transfer System (UAEFTS) reached about AED1.512tn ($412bn) in January 2024, according to the latest statistics from the …