Dubai Free Zone to Refund $354 Million in Fees to Spur Economy

Dubai’s main port and biggest free zone authority plans to return 1.3 billion dirhams ($354 million) in cash and bank guarantees to its clients in an effort to stimulate the broader economy.
Jebel Ali Free Zone will start refunding companies operating in its jurisdiction in September. Jafza, as the economic zone is known, said in a statement the move will help companies invest in their operations and strengthen their businesses.

Source: https://www.bloomberg.com/news/articles/2019-05-18/dubai-free-zone-to-refund-354-million-in-fees-to-spur-economy?srnd=premium-middle-east

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