HFZA

AcronymDefinition
HFZAHamriyah Free Zone Authority (United Arab Emirates)
References in periodicals archive ?
It is part of international tax agreements signed by the UAE to lay the groundwork for mutual co-operation in the exchange of information for tax purposes, remarked Younis Haji Al Khoori, Undersecretary of MoF, after signing the deal with Saud Salim Al Mazrouei, the director of HFZA and SAIF Zone.
The HFZA Waste Permit Portal is the first platform in Sharjah that utilises blockchain technology to validate, process and store transactions.
Saud Salem Al Mazrouei, director of the Hamriyah Free Zone Authority (HFZA) and the Sharjah International Airport Free Zone Authority, signed the agreement with Ramesh Parekh, chairman of Gandhar Oil Refinery, India.
Aiming to explore new ways to strengthen economic cooperation and take bilateral partnerships to greater heights, the B2B meeting was attended by high-level leaders from the public and private sectors, including Khalid bin Butti Al Hajri, director-general of the SCCI; Mohammad Jumaa Al Musharrkh, director of Invest in Sharjah, Hamad Al Shamsi, head of sales at HFZA; Perry Fung, regional director for the Middle East and North Africa at the HKTDC; and Stephen Liang, assistant executive director at the HKTDC.
Aiming to explore new ways to strengthen economic cooperation and take bilateral partnerships to greater heights, the B2B meeting was attended by high-level leaders from the public and private sectors, including Khalid Bin Butti Al Hajri, Director-General of SCCI; Mohammad Jumaa Al Musharrakh, Director of Invest in Sharjah; Hamad Al Shamsi, Head of Sales at HFZA; Perry Fung, Regional Director, Middle East and North Africa at HKTDC; and Stephen Liang, Assistant Executive Director at HKTDC.
According to the news agency, Saud Salem Al Mazrouei, director of HFZA and Sharjah Airport Free Zone Authority, described the newly formed partnership with Saipem as the culmination of HFZA's efforts in attracting foreign investments to the emirate and highlighting it as an important economic centre.
"This kind of economic stagnation is a blessing in disguise because the prices of building materials have dropped," Saud Salem Al-Mazrouei, director of Hamriyah Free Zone Authority (HFZA) and Sharjah Airport International Free Zone, said while addressing a panel session at Sharjah Foreign Direct Investment (FDI) Forum.
Saud Al Mazrouei, director of HFZA, commented on the new project.
HFZA's unique custom-designed seven SME clusters comprising of the Oil & Gas Zone; Timber Land; Maritime City; Petrochemical Zone; Construction World; Perfume World; and Steel City are attracting hundreds of new and small businessmen, from across the globe, serving as a testament to our success.
With modesty and prudence, I'm happy to inform you that HFZA's strategy adopted end of 2010 has yielded good looking fruits.
Hamriya Free Zone Authority (HFZA), an Emirati organisation participating in the expo, is providing competitive incentives and opportunities to establish businesses in a tax-free environment, with full company ownership, exemptions from commercial levies and repatriation of capital and profits.