FAST GROWING FREE ZONE; DUBAI WORLD CENTER

Dubai World Central (D.W.C), which is the world’s first purpose-built aerotropolis, is a strategic initiative of the government of Dubai in its effort to make Dubai the leading international trade center  Deemed as one of the most ambitious projects of its kind in the world, the D.W.C. which spans 140-square kilometer is located near the Jebel Ali Sea Port which combined with the aviation district planned within D.W.C. delivers unique multimodal capabilities that support a multitude of activities including logistics, aviation, commercial, exhibition, humanitarian, residential and leisure-related businesses.

D.W.C. will be made up of 3 unique districts. These districts are:

• The Aviation district
• The Logistics district
• The Business park

The Aviation District is established to accommodate the entire range of aviation manufacturing and associated industries, Fixed Base Operators (F.B.O's) & Maintenance Repair & Operations (M.R.O's), aviation support services, design and consultancy, research and development, aviation training, products and parts, light manufacturing units and high-technology industries. 

The Logistics District has been designed to address a gap in the global supply chain as it paves the way for a fast logistics cycle with operational predictability.The Logistics District offers direct access to air, sea and road transportation, including a dedicated airport-seaport corridor that allows cargo to be moved from port to airport in just 20 minutes. It also offers simplified start-up procedures, minimal bureaucracy and is competitively priced. Moreover, the district’s corporate occupants can opt for either free zone or non-bonded zone licensing. 

The business park district offers companies benefits from the free zone environment. Companies enjoy advantages such as 100 per cent tax-free operations; 100 per cent foreign ownership; no corporate tax; flexible commercial lease terms; competitive rates; state-of-the-art facilities; and direct access to Al Maktoum International Airport. A key component of the Business Park is the D.W.C Business Center (D.W.C.B.C), a fully equipped business complex offering an array of smart office solutions, including dedicated and shared desk options. With 100 per cent license ownership, D.W.C.B.C enables entrepreneurs and small businesses to offer their services to a wide range of local and international companies at a highly competitive lease rate starting from just A.E.D 29,900.

ADAM Consulting being the foremost Experts in Free Zone, Offshore and Mainland Company Formations, as well as the only ISO certified Registered Agents in the U.A.E, are proud to announce a new Strategic Partnership with the Newly Launched D.W.C.

Now the million dollar question is what are you waiting for?

David Enyinnaya. M.I.B.

Consultant
International Business Relocation Specialist

Adam Global

+971508423965

THE UPWARD GROWTH OF THE U.A.E. ECONOMY

Driven by the non oil industry expansion, economic growth in the United Arab Emirates is catching up to its global peers.

The G.D.P. in the U.A.E according to the median estimate of 18 economists in the Bloomberg Middle East Economic Survey is forecast to grow 3.9 percent in 2013, , up from 3.4 percent in the previous quarter. That’s the biggest upward revision in the six-nation Gulf Cooperation Council, which also includes Saudi Arabia, the biggest Arab economy.The country’s non-oil economy is forecast to expand 4.5 percent this year, the fastest pace since 2008, according to data compiled by Bloomberg and International Monetary Fund estimates.

The growth in the U.A.E. has got the attention of the world. Mr. Simon Williams Dubai-based chief Middle East economist at HSBC Holdings P.L.C is one of the of many economist to have taken note. He said and I quote,“We have been optimistic about what we have been seeing in the U.A.E in the last 18 months, It’s a growth story that has substance and it’s gaining momentum. It’s a mix of the export-orientated service sector in Dubai coming back to life and also a slower but a significant recovery in infrastructure spending in Abu Dhabi.”

“Non-oil growth should spearhead activity this year, but hydrocarbon output is also expected to contribute positively,” Giyas Gokkent, chief economist at National Bank of Abu Dhabi P.J.S.C. Going against the odd, the crude oil output is up by 4.6 .The U.A.E sits on about 6 percent of the world’s proven oil reserves. Economy Minister Sultan Al-Mansoori said he expects gross domestic product to expand as much as 4.5 percent this year.

All growth and potential growth reinforces the point that U.A.E. is going to be in years to come the new business stop for companies around the world. U.A.E. is steadily creating a conducive environment for all business sectors and forms of business.

David Enyinnaya. M.I.B.
Consultant
International Business Relocation Specialist

M: +971508423965

E: david.enyinnaya@adamadvisors.com

SMART SERVICES INTRODUCED IN DUBAI FREE ZONE

SMART SERVICES INTRODUCED IN DUBAI FREE ZONE

Dubai Airport Free zone (Dafza) went a step further in building its reputation as a technology driven free zone with the launch of its first official mobile app during Gitex 2013. With the key objective to make Dafza services more accessible to existing and new businesses, the app will feature most of Dafza’s current online services, servicing tenants and potential business investors around the clock.

Buthaina Hamad Bin Fahad, Director of Information Communications & Technology Dafza, said, “Dubai Airport Free zone’s first app will provide potential and existing tenants with highly engaging and qualitative services, already available on an online platform, but made more convenient through their smartphones”. The interactive platform the mobile app will provide cannot be over emphasized, especially in this age of smart phones and devices. Currently according to Google Inc., smartphone penetration is at 62 per cent in the U.A.E, ranked as one of the highest penetration rates on earth. This platform will help Dafza build an interactive relationship with customers, potential investors and employees.”

“Coinciding with Dubai Government’s plans to make more services available online, we are making the shift, progressively, towards smart-Government services from October until April 2014,” added Buthaina.

The uniquely designed app boasts distinct navigation tools. Users will have access to, and can request, over 120 services such as new business inquiries  forms, finder options and a listing of client directories that include details of over 1,600 companies.

David Enyinnaya, B.Eng, M.I.B
Business consultant | ADAM Consulting
International Business Relocation Specialist
Mob: +971 50 8423965

Email: david.enyinnaya@adamadvisors.com

Skype: enyinnaya.obioma