United Arab Emirates: Trade value through the Sharjah–Oman logistics corridor rises by 66.26%.
During its first three months of operation, the logistics corridor between Sharjah and the Sultanate of Oman handled goods worth approximately AED 1.7 billion, representing growth of 66.26% compared with the same period last year. More than 34,000 trucks passed through the corridor, while over 32,000 customs declarations were processed. Launched through cooperation between the […]
Jordan: Establishment of New Development Areas and Support to Special Economic Zones
The Jordanian Cabinet has approved a package of incentives and exemptions aimed at attracting investment in automotive manufacturing and assembly in Zarqa Development Zone, as part of efforts to enhance local value added and strengthen Jordan’s competitiveness in the sector. The level of support is linked to the size of the investment and the extent […]
Malaysia: Proposal to Establish a Cross-Border Special Economic Zone with Brunei
A research team led by Professor Wong Chin Yoong, an economics professor at Malaysia’s Universiti Tunku Abdul Rahman, developed a proposed framework for establishing the Miri–Kuala Baram–Kuala Belait Special Economic Zone, following an initiative put forward by Deputy Minister of Tourism, Arts and Culture and Miri MP Chiew Choon Man. The project aims to connect […]
Jordan: Aqaba hotel occupancy approaches 93% over the weekend
Hotel establishments in Aqaba recorded an occupancy rate of nearly 93% during the weekend of 17–19 September, amid active tourist movement and a growing programme of tourism and entertainment events. Salam Al-Maliki, Director of the Tourism Directorate at the Aqaba Special Economic Zone Authority, said that the variety of experiences and activities available helps attract […]
Sultanate of Oman: Installation of the Largest Onshore Wind Turbine Outside China in the Duqm Special Economic Zone
The “Oman–China Gateway” Forum, organised by the Public Authority for Special Economic Zones and Free Zones in Muscat, explored opportunities to expand investment cooperation between the Sultanate of Oman and China’s Hainan Province. The forum highlighted how the two sides’ complementary strategic and logistical strengths could support joint projects in economic and free zones, particularly […]
South Korea: Hyundai Explores Opportunities in Kazakhstan’s Alatau Smart City Project.
Hyundai Motor Company signed an agreement with Caspian Group and United Group Alatau to study opportunities to participate in the Alatau City project, Kazakhstan’s largest new-city development, which covers 880 square kilometres north of Almaty within a special economic zone designated as a national project. Under the agreement, Hyundai intends to explore business opportunities related […]
Lebanon: Preparations Begin to Select an International Developer and Operator for the Tripoli Special Economic Zone
The CEO and General Manager of the Tripoli Special Economic Zone announced that the Lebanese Council of Ministers had approved the studies relating to the industrial and logistics centre and authorised the Zone’s authority to proceed with selecting an international developer and operator for the project. He described the decision as a significant milestone and […]
United Arab Emirates: Growing American Investment Presence in Ras Al Khaimah
Ras Al Khaimah is witnessing notable growth in the number of American companies operating in the emirate, with more than 700 US-affiliated companies now established within Ras Al Khaimah Economic Zone (RAKEZ). This growth reflects the emirate’s attractiveness as a hub for business, industry, and technology, supported by the development of its economic and technological […]
Seychelles Moves to Establish Special Economic Zones to Attract High-Value Investment
The Cabinet of Seychelles has approved a new framework for establishing special economic zones targeting value-added sectors, including financial services, free ports, trade and industry, and the blue economy. The initiative aims to diversify the economy and attract high-value investment through tailored arrangements for governance, licensing, incentives, and substantive activity requirements in each zone. For […]
Qatar: Facilitating Investment Services in Special Economic Zones through the (Companies House)
Qatar has launched the “Companies House” as a unified authority for registering companies and licensing their activities across several economic zones, including the Qatar Financial Centre, the Qatar Free Zones Authority, Qatar Science and Technology Park, and Media City Qatar. The Companies House will also maintain public registers, provide tax and immigration services, and verify […]