“Dies” achieves exceptional growth in its financial results for the year 2024

Dubai Authority for Integrated Economic Zones (Dis) revealed its financial and operational results for the year 2024, as the results of its operations for 2024 showed a remarkable growth in revenue by 18.4% compared to 2023, in exchange for a significant increase in its profits before benefits, taxes, consumption and depreciation by 7.8% compared to Last year, as well as an exceptional growth in net profits by 35.5% compared In 2023, it establishes the position of power and its economic areas represented in the Dubai Airport Free Zone, Dubai Silicon Oasis, and Dubai Komerste, at the heart of the commercial system and the non -oil economy of the Emirate of Dubai.

“Diez” revealed the growth of the number of companies registered with it – which is based in the economic areas under the umbrella of the authority, its headquarters and its local, regional and global operations – by 9% compared to 2023, and the increasing diversity in the sectors that it embraces, which coincided with the high number of employees. Workers in the companies registered with “Dies”, to exceed 84 thousand employees, with a growth rate of 21% compared to The previous year.

An exceptional growth

His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Authority for Integrated Economic Zones «Diez», affirmed that the authority continues its growth at a record pace, as in 2024 achieved distinguished financial and operational results, which reflects its growing ability to achieve its strategic and financial goals with high efficiency, and supports an investigation Dubai Economic Agenda (D33) goals, scoring exceptional growth in net profits by 35.5% Compared to 2023.

His Highness said: “These exceptional results are driven by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God bless him, associated with the tasks of the Dubai Authority for Integrated Economic Zones and its future directions, and its goals aimed at supporting the national economy, and contributing to Achieving the ambitious economic aspirations of the emirate to be one of the three best economic cities in the world by 2033.

His Highness added: “We believe in the importance of stimulating economic growth through innovation and digital transformation, and the new (Dis) results have proven to be our success in activating this path, as we are committed to completing the process of enabling companies registered in Dubai Economic Zones to achieve their aspirations and enhance their competitiveness, in a way that contributes to contribute In raising the level of the national economy in general, and consolidating the prestigious position and reputation of Dubai as a strategic center Region and global in the international trade movement and an attractive and exceptional investment destination.

His Highness said in a post on his account on the “X” website: “Dubai Authority for Integrated Economic Zones (Dis) achieved exceptional performance in 2024, reflects our firm commitment to excellence and innovation, as it recorded a remarkable growth in net profits by 35.5%, and an increase in revenue by 18.4 % Compared to 2023, which reflects our ability to benefit from Digital transformation and the application of innovative strategies that look forward to the future. ”

His Highness continued: “In the embodiment of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and UAE and Ruler Economic D33 ».

Strategy power

For his part, the CEO of the Dubai Authority for Integrated Economic Zones «Diez», Dr. Mohamed Al -Zarouni, said: “We are happy with the new growth and achievements in various fields, and this reflects the strength of our strategy that is based on the sustainability of growth, creativity and knowledge in the free economic zones sector, and our firm commitment With the continuous development of Dubai Economic Regions.

Al -Zarouni added: “These results are not only the result of hard and continuous work, but also a result of the supportive economic environment provided by Dubai, which enhances our contributions to achieving economic aspirations and wise vision of good leadership.”

He continued: «We are proud of the distinguished performance of the companies affiliated with the Authority, including the (Testling Holding Company), whose requests have doubled four times since 2023, and the (Eurasia Capital) company, which won the title of the most active investors in terms of the number of deals in the Emirates for the year 2024. We are keen To continue to provide more innovative solutions to expand our contributions to strengthening Dubai’s economy, and upgrading With the level of services in all sectors. The year 2024 witnessed the achievement of the strategic initiatives of the authority, and a series of qualitative achievements that contributed to the consolidation of Dubai’s position, a major destination for investment at the global level, in line with the Dubai Economic Agency D33.

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A supportive environment for the sectors

The wholesale and retail trade sector, which represents 30.38%of the total number of “Diz” companies, achieved a growth of 24%, while the professional, scientific and technical services sector witnessed a growth of 33%, in turn, the communication and information sector achieved a growth of 24%, the insurance and financial services sector, growth 35%, in exchange for the growth of the administrative services and support sector by 28%, and the transportation and storage sector by 33%, at a time recorded The rest of the sectors grow 126%.

. 9% growth in the number of companies registered under the umbrella of “Diz”, compared to 2023 and 21% growth in the number of employees.

. 84 thousand employees, the total number of workforce in the companies registered in “Diz”.