Get FREE CONSULTATION with our team of experts! Click here to start!
Office - 216, Bank Street Building,

Bank Street Road,Burjuman,Dubai,UAE

+971 52 352 5763

Mon-Sat 9am-6pm

24 X 7 online support

Dubai Government issues New Law to Integrate Economic Zones into a Single Entity

Sheikh Mohammed bin Rashid, Dubai's Prime Minister and Ruler, has adopted a rule that unifies the emirate's economic zones, bolstering the emirate's position as a worldwide and regional investment centre.

Starting January 1, 2022, the Dubai Airport Free Zone, Dubai Silicon Oasis, and Dubai Commerce City will be administered by the newly formed Dubai Integrated Economic Zones Authority, according to a statement released by the Dubai Media Office on Monday.

Sheikh Ahmed bin Saeed Al Maktoum will serve as the new authority's chairman, and Mohammed Al Zarooni will serve as its chief executive, according to the release.

Sheikh Mohammed added in the statement that the creation of the integrated organisation is part of Dubai's efforts to introduce frameworks for "further strengthening services given to businesses and investors, which will help accelerate economic growth."

“The formation of the Dubai Integrated Economic Zones Authority is a critical step toward increasing Dubai's worldwide competitiveness and investment appeal.

“Over the next 50 years, the private sector will be a critical partner in our progress. “Our goal is to make Dubai the preferred location for global investors and a significant hub for global trade,” he said.

He went on to say that the goal is to make it easier to reach global markets by hastening the shift to a digital environment.

According to data from the Dubai FDI Monitor released in April by the Dubai Investment Development Agency (Dubai FDI), an agency of Dubai Economy, Dubai, the Middle East's financial, transportation, and trading hub, attracted Dh24.7 billion ($6.7 billion) in foreign direct investment in 2020 through 455 projects.

On the back of widespread coronavirus testing and immunizations, Dubai's recovery has accelerated. According to government estimates, Dubai's economy will rise by 4% this year.

The Dubai Integrated Economic Zones Authority will house more than 5,000 international companies, encompassing 20 main economic sectors and employing 30,000 individuals from around the world, according to the media office. The new authority regulates economic activity that accounts for 5% of Dubai's GDP, according to the statement.


The new organisation has been tasked with attracting local and foreign businesses to set up shop in Dubai's Integrated Economic Zones.

It will also be in charge of enhancing the emirate's economic competitiveness in the retail, technology, Islamic economy, e-commerce, industrial, logistics, and shipping sectors, as well as assisting small and medium businesses.


Get Instant Advice
Where To Find Us