The Global business corporation Attracts world-class corporations to dubai,

Facilitates global expansion, and Promotes business innovation.

WITH A UNIQUE LICENSE FOR GLOBAL EXPANSION, GBC BRINGS DUBAI TO THE FOREFRONT OF GLOBAL, CORPORATE DISCOURSE.

GBC operates within a specialized set of regulations to facilitate operating flexibility and create optimal business opportunities. Whether companies are already operating in Dubai, or are looking to open a new location, GBC’s full suite of concierge services and regional holding company operations sustain exponential growth.

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Shaikh Hamdan Bin Mohammad, Shaikh Maktoum Bin Mohammad, and Shaikh Ahmad Bin Saeed Al Maktoum, president of Dubai Civil Aviation and chairman and chief executive Emirates airline and Group, at the Dubai Executive Council meeting.

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When Dubai declared its higher educational institutes would nurture student entrepreneurs with last month’s launch of the University Free Zones Strategy, it showed yet again just how these special economic areas have helped the UAE diversify its economy.

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Since the launch of the Jebel Ali Free Zone in 1985, these business enclaves have become integral to the UAE economy, contributing GDP dollars while developing home-grown businesses.

In 2018, free zones accounted for 36 per cent of the UAE’s non-oil foreign trade, data from the Federal Customs Authority shows. At about Dh592.4 billion in value, the total represented a 5 per cent year-on-year increase over the same period in 2017.

“Free zones enhance trade by attracting foreign investments stimulating economic growth,” says Salim Omar Salim, Director of Sharjah Publishing City Free Zone (SPCFZ).

Jebel Ali Free Zone Authority (Jafza) on Saturday said that it is offering long-term visas to its customers in order to attract and retain high caliber talent.

Jafza is the first free zone which has announced the service to offer long-term visas to investors. The UAE is currently awarding five and 10 years visas to investors, entrepreneurs and people with exceptional talent. These visas offer the possibility of automatic renewal depending on specific profiles and criteria. The five-year visa has been priced at Dh650 while the 10-year visa costs Dh1,150 per person.

Through these long-term visas, the government aims to make Dubai an attractive destination to entrepreneurs and in-demand specialisations to drive the country's culture of innovation forward.

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