‘QE2’ to become a floating business hub – as Palm Jumeirah move is ruled out – The National

  • Date: 11-Feb-2020
  • Source: The National
  • Sector:Economy
  • Country:UAE
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‘QE2’ to become a floating business hub – as Palm Jumeirah move is ruled out – The National

The Queen Elizabeth 2 remains at the heart of an ambitious Dh25 billion master plan for Port Rashid and is "going nowhere".. Hamza Mustafa, chief executive of the British vessel's operator, PCFC Investments, dismissed long-standing speculation over a move to the Palm Jumeirah.. "The QE2 is at the centre of the development's master plan as an anchor," said Mr Mustafa.. "We can't take her to The Palm or Jumeirah Beach Residence as the costs would never be viable.. "The QE2 complements this area and the cruise ships that come .". Level Q of the QE2 has been taken over by office space for new businesses in what is Dubai's latest trading free zone.. Kiklabb, a company government-owned by Ports, Customs and Free Zone Corporation Investments, offers trade licences, workspaces, and services aimed at assisting businesses in Dubai, all with a sea view.. Businesses can choose either a trade licence under a Dubai free zone arrangement or a Dubai on-shore licence.. Expansion plans include about 400 further workspaces across an entire deck of the ship.. "A lot of the small businesses we have will work from for 10 days a month, and spend the rest of their time with clients," said