Establishes free economic zone "Global Marketplace"
01 May 2013
The Emirate of Abu Dhabi enacted a law to establish an economic free zone called "Global Marketplace Abu Dhabi". Under the law, licenced companies—both local and foreign—in financial and banking activities and services and storage, treatment and delivery of goods and metals, among others, are admitted. The law also creates regulatory institutions including the Global Marketplace Court, the Registration Bureau and the Financial Services Regulations Bureau.
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Type:
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Promotion and facilitation (Special economic zones)
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Industry:
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Services (Transportation and storage, Financial and insurance activities, Legal and accounting activities, Other service activities)
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Sources:
