Business setup costs at Abu Dhabi Airports Free Zone have been slashed by more than 65 per cent.
It is also waiving off all licence fees for new companies and providing tax exemptions.
The free zone authority says it's enhancing its processes to reduce the registration time, enabling clients to set up at its facilities at minimal time and cost.
The move is aimed at supporting the government’s efforts to attract fresh investments and help firms manage their expenses.
OPEC+ agrees third oil output quota hike since Hormuz closure
OPEC+ agreed on Sunday a modest oil output hike for June, an increase that will remain largely on paper as long as the Iran war continues to disrupt Gulf oil supplies through the Strait of Hormuz.
ADNOC to award AED200 billion in projects to advance growth strategy
ADNOC announced on Sunday plans to award contracts worth AED200 billion over the next three years, as part of efforts to expand production capacity and strengthen the UAE’s industrial base.
Trump says he will raise tariff on autos from EU to 25%
US President Donald Trump said on Friday he would increase tariffs on cars and trucks from the European Union to 25 per cent next week, saying the bloc had not complied with its trade deal with Washington.
UAE–South Korea CEPA comes into force on May 1
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and South Korea will officially enter into force on May 1, 2026.
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