UAE free zones begin to woo int'l firms as high season arrives - BUSINESS - Globaltimes.cn:
"As the business high season kicks off, the United Arab Emirate (UAE)'s 38 economic free trade zones start to woo international firms.
The beginning of September, when executives return from their annual leaves and conference, marks the beginning of the " corporate high season" in the emirate, which promotes the authorities of Dubai's over 20 industrial free zone reasons to re- launch their marketing campaigns in order to deliver the message to the world that despite the ongoing turmoil in some Arab countries, the UAE remains a harbor of stability and economic openness.
As the diminishing oil reserves contribute only 2 percent of Dubai's gross domestic product (the bulk of Emirati oil is located in neighboring Abu Dhabi), the ruling Al-Maktoum family was motivated to build a number of free trade zones."
'via Blog this'
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