DP World to cut business-related fees by up to 70% at Jafza – The National

DP World to cut business-related fees by up to 70% at Jafza – The National

DP World to cut business-related fees by up to 70% at Jafza. The move is expected to benefit 7,500 businesses, the company said. DP World slashed business-related fees by up to 70 per cent for companies operating at Jebel Ali Free Zone (Jafza), as part of its efforts to enhance the ease of doing business and boost trade.. The reduction in registration, licensing and related administrative fees is expected to immediately benefit more than 7,500 businesses that operate out of the free zone as well as new investors, DP World said in a statement on Tuesday.. It's specifically designed to create value and opportunities for the companies to channel their resources to support their activities sustainably," Mohammed Al Muallem, chief executive and managing director of DP World, UAE region and chief executive of Jafza, said.. "Trade has always powered Dubai's economic development and DP World has played a central role in supporting it," Mr Al Muallem said.. Freezones were a major driver of foreign trade in Dubai last year.. The emirate's non-oil foreign trade grew by 6 per cent in 2019 to reach Dh1.37 trillion in 2019 on the back of economic activity across the emirate's freezones, the Government of