Dubai Signs MoU to Boost Free Zone Investment Ease

Dubai has signed a new Memorandum of Understanding (MoU) to improve the investor journey and make it easier to do business in the emirate’s free zones.

The agreement was signed between the Economic Security Centre of Dubai, the Dubai Free Zones Council, and Emirates NBD, one of the leading banking groups in the Middle East, North Africa and Türkiye (MENAT) region.

The partnership aims to strengthen Dubai’s free zones ecosystem and support the emirate’s long-term economic growth. It also aligns with the goals of the Dubai Economic Agenda D33, which focuses on enhancing global competitiveness and increasing foreign direct investment.

Faster Bank Account Opening for Investors

Under the MoU, the three entities will work together to speed up bank account opening procedures for investors setting up businesses in Dubai’s free zones. This step is expected to make the investment process smoother and more attractive for international companies and entrepreneurs.

The partnership will also focus on improving operational efficiency and ensuring compliance with regulatory requirements based on international best practices.

Digital Solutions and Streamlined Processes

The agreement includes the adoption of advanced digital solutions and emerging technologies. These technologies will help simplify processes related to:

• Company incorporation

• Registration and licensing

• Commercial transactions

• Other post-establishment services

The entities will also develop secure data and information exchange systems to support the initiative.

Strengthening Dubai’s Global Position

Officials said the MoU represents a major step toward better coordination between institutions that support Dubai’s business environment. The initiative is designed to build a secure, transparent, and sustainable economic ecosystem driven by innovation and efficiency.

The collaboration is expected to enhance the contribution of free zones to Dubai’s GDP, strengthen investor confidence, and support long-term economic sustainability.

With this strategic partnership, Dubai continues to reinforce its position as a leading global hub for business and investment, offering a future-ready and investor-friendly environment.