Dubai South has announced a new set of incentives for companies operating within its free zone, reinforcing its commitment to supporting the business community and sustaining economic momentum.
Aligned with the wider efforts of the Dubai Free Zones Council to enhance the competitiveness and resilience of Dubai’s free zone ecosystem, the initiative introduces a range of measures designed to facilitate business continuity and ease operational requirements for companies.
The incentives include support for new company formation, facilitation of licence renewals, and exemption from late renewal fines.
"This latest initiative builds on our ongoing efforts to provide support across our ecosystem, including the recently announced measures for SMEs at the Business Park," said Nabil Al Kindi, Group CEO of Dubai South.
"It also aligns with the vision of our wise leadership and the broader economic direction of the UAE, and reflects our continued focus under the ‘Dubai South in Motion’ initiative to sustain business momentum and reinforce confidence," he added.
Dubai South continues to serve a diverse base of regional and international companies, offering a strategic location, integrated infrastructure and a seamless business environment that supports long-term growth.
British luxury carmaker Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
Salik has renewed its tolling technology contract for Dubai's road toll system with US company TransCore for another five years, extending a partnership that dates back to 2006.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!