Money and business

“Jafza” attracted investments exceeding 110 billion dirhams in 20 years

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense, said in a post via the “X” platform: “40 years ago, one of the major success stories in Dubai began with the establishment of the free zone of Jabal Ali (Jafza) in 1985, and the beginning was only 19 companies, and today it includes Javza, which is affiliated with the Dubai World Ports Group, more than 11,000 companies from 157 countries.”

He added: “Jafza attracted investments exceeding 110 billion dirhams during the past 20 years, and today more than 160,000 employees work.”

He continued: “We congratulate Brother Sultan bin Selim and his creative work team on these exceptional achievements, and we look forward to a greater role for Jafza and Jabal Ali in advancing the march of comprehensive economic growth in Dubai and supporting the global trade movement, through a unique system that combines innovation, comprehensive services, land, marine and air connection.”

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