In his capacity as the Chairman of The Executive Council of Dubai, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, has issued a significant resolution aimed at regulating the operations of free zones in Dubai. The resolution is part of the UAE’s ongoing efforts to enhance its economic landscape by providing a streamlined and efficient framework for businesses operating in free zones.
This resolution is expected to create a more transparent and structured environment, encouraging investment, improving business activities, and fostering the growth of new enterprises within Dubai's free zones. By regulating these areas more effectively, the government aims to further strengthen Dubai's position as a leading global hub for trade, commerce, and innovation.
Sheikh Hamdan's decision underscores the importance of maintaining Dubai's competitive edge in the global economy and ensuring that its free zones remain attractive to both local and international investors. The regulation will provide clarity on operational procedures, offer more support to businesses, and contribute to Dubai’s long-term growth objectives.
This move aligns with the broader vision for the emirate’s economic diversification and sustainable development, positioning Dubai as a prime destination for business and innovation.