Abu Dhabi Airports Free Zones has more than doubled the number of tenants at offices, business parks and warehouses connected to Abu Dhabi International Airport (above), Al Bateen Executive Airport and Al Ain International Airport. Courtesy Abu Dhabi Airports
Abu Dhabi Airports Free Zones has more than doubled the number of tenants at offices, business parks and warehouses connected to Abu Dhabi International Airport (above), Al Bateen Executive Airport and Al Ain International Airport. Courtesy Abu Dhabi Airports
Abu Dhabi Airports Free Zones has more than doubled the number of tenants at offices, business parks and warehouses connected to Abu Dhabi International Airport (above), Al Bateen Executive Airport and Al Ain International Airport. Courtesy Abu Dhabi Airports
Abu Dhabi Airports Free Zones has more than doubled the number of tenants at offices, business parks and warehouses connected to Abu Dhabi International Airport (above), Al Bateen Executive Airport an

Abu Dhabi Airports Free Zone more than doubles new tenants in first half of 2020


Deena Kamel
  • English
  • Arabic

The Abu Dhabi Airports Free Zone (ADAFZ) said it doubled the number of new tenants registering with the authority during the first half of 2020 as it attracted more international companies to the emirate.

The free zone, a subsidiary of Abu Dhabi Airports, recorded a 109 per cent rise in the number of licenses issued to companies, it said in a statement on Sunday. Most of the new tenants are companies in the aviation, e-commerce, and healthcare sectors.

"Our investments have proven particularly prudent during the current global pandemic, with our enhanced air cargo and freight transport capabilities supporting the successful operation of the health, food and beverage, and e-commerce sectors," Adel Al Taheri, head of property management and leasing at ADAFZ, said.

The UAE capital is focusing on attracting companies and talent in non-oil sectors —such as advanced technology, healthcare, aerospace, FinTech and agri-tech— as part of its strategy to diversify the economy from hydrocarbons.

International companies joining the free zone include industrial giant Honeywell and Saudi Arabia's logistics firm SMSA Express.

"Through its work, ADAFZ helps to supplement the comprehensive stimulus packages implemented by Abu Dhabi’s leadership, and ensures that international companies can continue to have a robust and reliable partner in the emirate," Shareef Hashim Al Hashmi, chief executive of Abu Dhabi Airports, said.

Honeywell recently helped set up the UAE's first production line for N95 masks in Al Ain, in partnership with Strata Manufacturing, the aerospace unit of Abu Dhabi's Mubadala Investment Company.

The facility has an annual capacity of more than 30 million masks and has supplied healthcare and emergency response teams across the Emirates.

Saudi Arabia's SMSA Express has set up a branch within ADAFZ’s Abu Dhabi International Airport free zone, after establishing a 1,000 square metre warehouse to be used as its first hub within the emirate, with a focus on air and land cargo shipments.

Operated and regulated by Abu Dhabi Airports, ADAFZ comprises of business, logistics and light industrial parks connected to Abu Dhabi International Airport, Al Bateen Executive Airport and Al Ain International Airport. These parks are developed to attract industry clusters such as aviation, aerospace, logistics, and technology, driving private and public partnerships, investment and property development.

Who is Tim-Berners Lee?

Sir Tim Berners-Lee was born in London in a household of mathematicians and computer scientists. Both his mother, Mary Lee, and father, Conway, were early computer scientists who worked on the Ferranti 1 - the world's first commercially-available, general purpose digital computer. Sir Tim studied Physics at the University of Oxford and held a series of roles developing code and building software before moving to Switzerland to work for Cern, the European Particle Physics laboratory. He developed the worldwide web code as a side project in 1989 as a global information-sharing system. After releasing the first web code in 1991, Cern made it open and free for all to use. Sir Tim now campaigns for initiatives to make sure the web remains open and accessible to all.

Scorline

Iraq 1-0 UAE

Iraq Hussein 28’

Fixtures (6pm UAE unless stated)

Saturday Bournemouth v Leicester City, Chelsea v Manchester City (8.30pm), Huddersfield v Tottenham Hotspur (3.30pm), Manchester United v Crystal Palace, Stoke City v Southampton, West Bromwich Albion v Watford, West Ham United v Swansea City

Sunday Arsenal v Brighton (3pm), Everton v Burnley (5.15pm), Newcastle United v Liverpool (6.30pm)

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Michael J Mazarr

Public Affairs

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Destroyer

Director: Karyn Kusama

Cast: Nicole Kidman, Toby Kebbell, Sebastian Stan

Rating: 3/5 

UAE release: January 31 

Under-21 European Championship Final

Germany 1 Spain 0
Weiser (40')

AVOID SCAMMERS: TIPS FROM EMIRATES NBD

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Day 1, Abu Dhabi Test: At a glance

Moment of the day Dimuth Karunaratne had batted with plenty of pluck, and no little skill, in getting to within seven runs of a first-day century. Then, while he ran what he thought was a comfortable single to mid-on, his batting partner Dinesh Chandimal opted to stay at home. The opener was run out by the length of the pitch.

Stat of the day – 1 One six was hit on Day 1. The boundary was only breached 18 times in total over the course of the 90 overs. When it did arrive, the lone six was a thing of beauty, as Niroshan Dickwella effortlessly clipped Mohammed Amir over the square-leg boundary.

The verdict Three wickets down at lunch, on a featherbed wicket having won the toss, and Sri Lanka’s fragile confidence must have been waning. Then Karunaratne and Chandimal's alliance of precisely 100 gave them a foothold in the match. Dickwella’s free-spirited strokeplay meant the Sri Lankans were handily placed at 227-4 at the close.

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PROFILE BOX

Company name: Overwrite.ai

Founder: Ayman Alashkar

Started: Established in 2020

Based: Dubai International Financial Centre, Dubai

Sector: PropTech

Initial investment: Self-funded by founder

Funding stage: Seed funding, in talks with angel investors

SCORES IN BRIEF

Lahore Qalandars 186 for 4 in 19.4 overs
(Sohail 100,Phil Salt 37 not out, Bilal Irshad 30, Josh Poysden 2-26)
bt Yorkshire Vikings 184 for 5 in 20 overs
(Jonathan Tattersall 36, Harry Brook 37, Gary Ballance 33, Adam Lyth 32, Shaheen Afridi 2-36).

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MATCH INFO

Euro 2020 qualifier

Fixture: Liechtenstein v Italy, Tuesday, 10.45pm (UAE)

TV: Match is shown on BeIN Sports

Under 19 Cricket World Cup, Asia Qualifier

Fixtures
Friday, April 12, Malaysia v UAE
Saturday, April 13, UAE v Nepal
Monday, April 15, UAE v Kuwait
Tuesday, April 16, UAE v Singapore
Thursday, April 18, UAE v Oman

UAE squad
Aryan Lakra (captain), Aaron Benjamin, Akasha Mohammed, Alishan Sharafu, Anand Kumar, Ansh Tandon, Ashwanth Valthapa, Karthik Meiyappan, Mohammed Faraazuddin, Rishab Mukherjee, Niel Lobo, Osama Hassan, Vritya Aravind, Wasi Shah