UAE accounts for 25% free zones in Arab World

Abu Dhabi-Mubasher: The UAE has around 40 free zones in varying specalties, representing around 25% of total free zones in the Arab world and making it the first regionally in the field, according to a statement.

Total trade volume in free zones stood at AED 497.2 billion in 2015, according to Mohammed Nasser Hamdan Al Zaabi, Director of Trade Promotion and Investment Department, the Ministry of Economy.

China was the top trading partner with exports representing 28.9% of the free zones', followed by Vietnam, US, India and Koria..

 

Mubasher Contribution Time: 31-Jul-2016 10:16 (GMT)
Mubasher Last Update Time: 31-Jul-2016 10:22 (GMT)