Trade grows at Dubai Free Zone

The value of trade at Dubai’s free zones is reportedly set to grow by five percent this year to reach AED515 billion ($140.2 billion). Sources from the Dubai Customs and the Chamber of Commerce were quoted as saying the value of trade at the emirate’s free zones could increase by as much as seven percent from the AED489 billion reported last year. Currently, free zones trade comprises 37 percent of the total value of the emirate’s overall trade.