Dubai Silicon Oasis Authority (DSOA), the regulatory body of integrated tech free zone Dubai Silicon Oasis (DSO), has entered into a cooperation agreement with the International Free Zone Authority (IFZA).
Under this arrangement, DSO will partner with new and established IFZA firms, improving the ease of doing business in the UAE.
This agreement offers opportunities for entrepreneurs and startups to develop their businesses and cooperate with hundreds of Dubai Digital Park (DDP), Dubai Technology Entrepreneur Campus (Dtec) and DSOA headquarters technology firms, experts and startups.
Dr. Mohammed Al Zarooni, Vice Chairman and CEO of DSOA said, “As an integrated free zone technology park, Dubai Silicon Oasis serves as an open platform for conducting businesses and forging strategic partnerships with leading technological and advanced companies based in DSO.
“The agreement between the Dubai Silicon Oasis Authority and International Free Zone Authority, is a gateway for companies from different industries registered with IFZA to work from DSO and benefit from the advanced infrastructure, modern facilities, and the countless opportunities it provides to the business sectors locally, regionally and globally,” Mr. Al Zarooni added.
IFZA’s Chairman Martin Pedersen said, “This step plays a vital role in the growth plans set by IFZA to accelerate its ambition to tap into the international markets. The logistical, industrial and commercial facilities available in Dubai, and in DSO, in particular, will enhance our ability to attract global investments and serve local and global business communities”.
Further information on the deal will be announced later.
Dubai Silicon Oasis Authority (DSOA)
The Dubai Silicon Oasis Authority (DSOA), a government-owned free zone, was founded by the Government of Dubai under Law No 16 of 2005 with the mission of “facilitating and promoting modern technology-based industries” to support the demand for business expansion in the area.
Strategically positioned within the competitive business gateways of the UAE, IFZA is a single point of contact for all business creation and administration services within the Free Zone, leveraging the advantages of the strategic position of the UAE, world-class infrastructure and an atmosphere that is tax-friendly.