DSO, Ifza ink deal for flexible biz

The Dubai Silicon Oasis Authority (DSOA) has signed an agreement with the International Free Zone Authority (Ifza), in which new and existing IFZA companies can work from DSO, boosting the flexibility of doing business in the UAE.

This agreement provides entrepreneurs and startups with opportunities to expand their businesses and cooperate with hundreds of technological companies, experts and startups based in Dubai Digital Park, Dubai Technology Entrepreneur Campus and the DSOA headquarters.

Dr Mohammed Al Zarooni, vice-chairman and CEO of the DSOA, and Martin Pedersen, chairman of Ifza, signed the agreement in the presence of senior representatives from both parties.

Dr Al Zarooni said: “The agreement... 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.”

Pedersen added: “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.” Pedersen further stated that more details about the agreement will be announced later.

— business@khaleejtimes.com