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 Continue lendo→