Dubai CommerCity, the first dedicated e-commerce free zone in the Middle East, Africa and South Asia (MEASA) region has begun commercial operations.
The free zone, located in the Umm Ramool area near the Dubai International Airport, provides seamless solutions to establish businesses and integrated services to drive the growth of licenced e-commerce companies.
Firms can also benefit from unique service packages provided by global partners in logistics, information technology and other sectors.
Dubai CommerCity has succeeded in leasing 30 per cent of its facilities within only two months in the first part of the development phase of the free zone, which extends over 2.1 million square feet at an investment of AED 3.2 billion.
It has commenced the operation of its customs office, available 24/7, in response to the needs of customers.
In addition to a complete business set-up and customs support, Dubai CommerCity provides e-commerce strategy consulting, guidance on e-commerce regulations in the region and end-to-end logistics solutions inclusive of warehousing and last-mile delivery.
Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, and Executive Chairman of XRG, has received the 2026 Distinguished Global Leadership Award from the Washington D.C.-based Middle East Institute (MEI).
Dubai has achieved its highest ever ranking in the Global Financial Centres Index (GFCI), climbing to seventh place, underscoring the emirate’s rise as one of the world's most influential financial hubs and its importance in the global financial system.
Global equity markets, including from the U.S., Europe and Asia, rose while oil prices fell on Wednesday, as traders cheered news of ceasefire proposals to de-escalate the ongoing conflict in the Middle East.
Australia's centre-left government has introduced legislation in the parliament to double penalties for fuel price gouging on Wednesday as global supply disruptions due to the Iran war triggered fuel shortages in some rural regions.
Gulf markets ended mixed on Tuesday, with Qatar extending losses while other bourses steadied as investors parsed conflicting signals on potential US-Iran talks.
The National Centre of Meteorology (NCM) has forecast more rain for parts of the UAE until Friday night, driven by a main weather front over the far western regions.