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Dubai to host first-ever International Sports & Entertainment Free Zone cluster

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  The zone will serve as an industry-focused business hub facilitating licensing for distinct sports and entertainment business activities


The article from Zawya discusses the establishment of the first-ever International Sports and Entertainment Free Zone (ISEFZ) in Dubai, announced by the Dubai Sports Council (DSC) in collaboration with TECOM Group PJSC. This initiative aims to transform Dubai into a global hub for sports and entertainment by attracting international companies, fostering innovation, and creating a conducive environment for sports-related businesses. The ISEFZ will offer state-of-the-art facilities, including training centers, sports academies, and entertainment venues, alongside business incentives like tax exemptions and full foreign ownership. This move is part of Dubai's broader economic diversification strategy, leveraging its strategic location, world-class infrastructure, and business-friendly environment to boost its sports and entertainment sectors. The project is expected to enhance Dubai's appeal as a destination for sports events, tourism, and investment, contributing significantly to the emirate's GDP and job creation.

Read the Full ZAWYA Article at:
[ https://www.zawya.com/en/economy/gcc/dubai-to-host-first-ever-international-sports-entertainment-free-zone-cluster-sa4uustr ]