News developments
Dubai: Ruler Issues New Decrees Establishing Free Zone and Appointing Judges
Dubai’s Ruler has issued several new decrees, including the establishment of a new free zone in Al Aweer First area and the appointment of judges to the DIFC Courts.
The newly established free zone will be located on plot number 71117180 in Al Aweer First area. The decree outlines that companies and establishments licensed to operate within this free zone will enjoy the same privileges and exemptions granted under existing free zone legislation and regulations applicable in Dubai.
The decree requires all companies operating within the new free zone to align their operations with the authority’s regulations within one year from the decree’s implementation date. The Dubai Municipality will maintain oversight of the markets within the free zone, with the ability to delegate management or operational responsibilities to other entities through formal agreements.
Additionally, the Dubai Ruler issued a decree promoting several members of the judicial authority in Dubai Courts and Public Prosecution.
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