Dubai – Mubasher: Jebel Ali Free Zone (Jafza) on Monday inked two memorandums of understanding (MoUs) with The Russian Export Center and Skolkovo Foundation.
The MoUs aim to provide the most technologically developed Russian companies with a platform to open their offices and work in the UAE, Jafza stated.
Under the two MoUs, Jafza will help the Russian Export Center and Skolkovo Foundation establish a technological business centre that attracts innovative technological companie, the UAE-based free zone added.
Jafza acquires 32% of the whole foreign investments in the UAE, and accounts for 21% of the Dubai's annual Gross Domestic Product (GDP).