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Operating profit of Dubai Integrated Economic Zone Authority (DIEZ) will increase by 42% in 2022 compared to 2021, while total revenue will increase by 29%.
9% growth in rental income and 69% growth in revenue from business licenses, government services and other services in 2022 is an exceptional performance that marks the effectiveness of DIEZ’s new integrated model and the authority’s increasing contribution to economic development A report by WAM Say, Dubai and UAE.
Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DIEZ, said: “These extraordinary results bode well for DIEZ’s future and underscore the success of the Authority’s unique approach to supporting businesses and investors. The results reinforce DIEZ’s position as a platform for attracting foreign direct investment , and our strategic role in achieving the D33 goals of Dubai’s economic agenda, to double the size of the emirate’s economy and strengthen its position as one of the top three global cities in the next decade.”
excellent business model
“The strong performance reflects our commitment to delivering a superior business model, which strongly drives DIEZ’s desire to play a greater role in enhancing the competitiveness and economic attractiveness of Dubai and the UAE. Growth in the next phase We will continue to foster a culture of innovation and excellence, and strengthen our global benchmark solutions, facilities, strengths and services.In 2021, DIEZ contributes 5% to Dubai’s GDP and 5% to the emirate’s non-oil foreign trade 11 percent,” Sheikh Ahmed added.
Dr Mohammed Al Zarooni, Executive Chairman of the Dubai Integrated Economic Zone Authority (DIEZ), said: “Our strong results in 2022 are driven by the strategic integration of economic zones that are focused on fostering growth and expansion opportunities and providing Businesses and businesses provide a supportive environment. The investment community. The unwavering support of our leadership enables us to achieve our goals and transform DIEZ’s business ecosystem through ambitious strategic plans, innovative initiatives and fruitful local, regional and global partnerships . Today, DIEZ has more than 22,000 companies and more than 41,000 employees.”
“These indicators encourage us to continue to make a significant contribution to expanding trade in an effort to drive economic growth and diversification in Dubai and the UAE. By keeping up with innovation trends and providing a flexible and supportive environment, we seek to further foster the growth of the business,” he said added. trade arab news agency
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