Sharjah Airport International Free Zone (SAIF Zone) showcased its role as a trade hub and gave an overview of the  business opportunities in the emirate at a road show held in Porto, Portugal recently.

The  road show, which was organised by the  SAIF Zone with the participation of Sharjah Investment and
Development Authority (Shurooq),  provided a chance for investors to know the ongoing business opportunities available in the region and ways to gain connectivity in the regional market.

Saud Salim Al Mazrouei, director of SAIF Zone and Hamriyah Free Zone Authority (HFZA), said: “The UAE and Portugal enjoy distinguished historic relations and we hope to make progress in the trade relations between the countries by exploring the exciting investment opportunities.”

Al Mazrouei explained  SAIF Zone’s role and the business opportunities in Sharjah. The presentation introduced the facilities of SAIF Zone, the various advantages it possesses and the different licenses provided which will help the investors to start their operations in the region.

“A visit to SAIF Zone and Sharjah  would help Portuguese businesses get closer to the many opportunities available here. With its excellent infrastructure and modern facilities, SAIF Zone is the ideal gateway for new business opportunities,”  Al Mazrouei noted while inviting Portuguese companies to Sharjah Airport Free Zone.

SAIF Zone is an ideal business hub where investors enjoy 100 per cent foreign ownership, 100 per cent repatriation of capital and profits, 100 per cent exemption from income and corporate taxes and these qualities make it one of the best zones in the Middle East,” he elaborated.

SAIF ZONE  has over 6,800 companies, including 500 Portuguese firms, operating out of it from 149 countries, carrying out varied business activities like light to medium manufacturing, trading and providing services such as IT and consultancy, he added. - TradeArabia News Service