
	
		
			 Inauguration of free zone in Dubai for e-commerce
			 Dubai 10-28 (FP) - Dubai's Crown Prince Sheikh Mohamed Bin Rashid Al
				Maktoum inaugurated a free zone for e-commerce today, called Dubai
				Internet City.
			 The preliminary stages of the project, the only one of its kind
				according to its designers, are estimated at $200 million.
			 Sheikh Mohamed, who is also the Defense Minister of the United Arab
				Emirates, announced at the inauguration ceremony that "we want to make
				Dubai a new trading center."
			 The minister, who has his own website, also said: "I want Dubai to be
				the best place in the world for state-of-the-art technology companies."
			 He said companies engaged in e-commerce would be able to set up
				offices, employ staff and own equipment in the open zone, including
				fully-owned foreign companies.
			 The e-commerce free zone is situated in north Dubai, near the
				industrial free zone in Jebel Ali, the top regional and tenth
				international leading area in container transit.
			 The inauguration of Dubai Internet City coincides with the opening of
				an annual IT show in Dubai, the Gulf Information Technology Exhibition
				(Gitex), the biggest in the Middle East.
		
	
