GulfBase Live Support
Leave a message and our representative will contact you soon
20/08/2025 06:14 AST
The Dubai Free Zones Council (DFZC), has announced the successful implementation of the 'One Freezone Passport', a ground-breaking initiative that enables companies licensed in one free zone to expand into others without additional licences.
It aims to unify Dubai's free zone ecosystem, reducing regulatory barriers and solidifying Dubai's position as a global business hub. The programme has been introduced to streamline business expansion and reduce regulatory barriers.
This milestone underscores Dubai's commitment to fostering an agile and investor-friendly business environment, aligning with the objectives of the Dubai Economic Agenda D33, said DFZC.
Building on this momentum, global luxury brand Louis Vuitton has become the first member of this pioneering initiative. It will now operate its warehouse in Jebel Ali Free Zone (Jafza) while setting up its corporate office at One Za'abeel, part of the DWTC Free Zone.
This development highlights the programme's effectiveness in streamlining business expansion across Dubai's economic zones. The entire process was completed in just five days.
Dr. Juma Al Matrooshi, Assistant Secretary General at Dubai Free Zones Council, dubbed the scheme as a transformative initiative that cements Dubai's position as a global economic powerhouse.
"By enabling businesses to expand seamlessly across our world-class free zones, we are reinforcing Dubai's reputation as a premier investment destination. The swift and successful onboarding of Louis Vuitton through this program exemplifies the efficiency and attractiveness of Dubai's regulatory framework for international businesses," he added.
Trade Arabia
Ticker | Price | Volume |
---|
20/08/2025
Qatar recorded a total of 51.7mn transactions valued at QR16.13bn through the country's payment system in July 2025, according to the Qatar Central Bank (QCB) data.
While the number of trans
Gulf Times
20/08/2025
Saudi Arabia's National Debt Management Center raised SR5.31 billion ($1.42 billion) through its riyal-denominated sukuk issuance for August, marking a 5.8 percent increase from July.
The Ki
Arab News
20/08/2025
Kuwait Oil Tanker Company (KOTC) announced Tuesday that the Kuwaiti flag has been ranked among the high-performance categories in the latest oil tanker flag state performance list (2022-2024) issued
KUNA
20/08/2025
Middle East and North Africa mergers and acquisitions rose 19 percent in the first half of 2025 to $58.7 billion, driven by sovereign wealth funds, cross-border flows, and strong deal activity in the
Arab News
20/08/2025
Even if 5% of global millionaires migrating in 2025 choose Dubai as their residence, that will bring in a few billions more in 'fresh' investments.
That's according to calculations done by t
Gulfnews